business

AstraZeneca (AZN) Shares Drop 9% Following Heart Drug Trial Failure

07/09/2026, 01:35 AM business stock_drop healthcare AstraZeneca

AstraZeneca's shares dropped nearly 9% following the failure of its late-stage clinical trial for the heart drug Wainua, which did not achieve its primary goal of reducing deaths and heart-related emergencies.

Levi Strauss (LEVI) Exceeds Quarterly Expectations, Raises Guidance and Dividend

07/08/2026, 01:36 PM business announcement Levi Strauss & Co

Levi Strauss exceeded Wall Street's earnings and revenue expectations for the second quarter, prompting the company to raise its full-year guidance and dividend, which reflects strong consumer demand despite economic pressures.

Federal Reserve Officials Divided on Future Interest Rate Direction, Meeting Minutes Reveal

07/08/2026, 11:36 AM business forecast finance

The Federal Reserve's recent meeting minutes reveal a divided outlook among officials regarding future interest rate movements, highlighting uncertainty in monetary policy direction that could impact economic stability and investor sentiment.

Used Electric Vehicle Prices Surge Amid Iran Conflict and Rising Gas Prices

07/08/2026, 08:35 AM business growth auto Tesla

The ongoing conflict in Iran and rising U.S. gas prices are driving up demand and prices for used all-electric vehicles, highlighting a significant shift in the automotive market amid fluctuating fuel costs.

Research from George Mason University’s Mercatus Center Warns Delaying Social Security Reform Could Harm Bond Markets and the Economy

07/08/2026, 08:35 AM business research

Research indicates that delaying Social Security reform could lead to significant risks for the bond market and the broader economy, particularly as the trust fund faces depletion by 2032. This situation may necessitate increased borrowing, which could strain financial markets and elevate interest rates.

Delta Air Lines Introduces 'Basic Business' Fares for Premium Cabins Without Lounge Access or Seat Selection

07/08/2026, 06:36 AM business announcement Delta Air Lines

Delta Air Lines is introducing a new 'basic' fare for its business and first-class offerings, which eliminates certain perks, reflecting a trend among airlines to maximize revenue from high-spending travelers.

Kalshi Traders Predict Strait of Hormuz Traffic Normalization Delayed Until 2027 Following Recent Escalations

07/08/2026, 06:36 AM business forecast Analysts: Piper Sandler energy

Traders on prediction market platforms are significantly downgrading their expectations for the return of normal traffic in the Strait of Hormuz, now forecasting it may not occur until 2027, following recent U.S. military actions against Iran.

Employers Remain Reluctant to Expand Coverage for GLP-1 Obesity Drugs Despite Rising Demand

07/08/2026, 06:36 AM business review healthcare Novo Nordisk Eli Lilly

Despite the introduction of new GLP-1 drugs and Medicare coverage for obesity, employer coverage for these medications remains stagnant, primarily due to high costs. This trend could impact the market for GLP-1 drugs and the overall healthcare landscape as employers seek alternative ways to support employee health.

Federal Reserve Officials Indicate Potential for Multiple Rate Hikes Amid Inflation Concerns

07/08/2026, 05:36 AM business forecast finance

Federal Reserve officials are indicating a potential interest rate hike this year to combat persistent inflation, but historical patterns suggest that a single adjustment is unlikely, raising concerns about future monetary policy actions.

Manhattan Office Leasing Experiences Highest Demand in 20 Years, Driven by Key Industries

07/08/2026, 05:36 AM business review real_estate

Manhattan's office leasing market is experiencing its strongest demand in over 20 years, with significant increases in both leasing activity and asking rents, indicating a robust recovery in the sector.