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Global equities rose, U.S. Treasury yields turned higher, and the dollar strengthened as positive economic data and strong earnings boosted investor confidence. Manufacturing output and single-family homebuilding increased. Wall Streets major indexes saw substantial gains. The Fed's data and optimistic housing and industrial production reports indicated potential slowed rate cuts. Oil and gold markets showed mixed responses.
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News and Media
The H5N1 virus is common in wild birds and other animals. While it has not conclusively been found to spread from person to person, the amount of bird flu circulating among animals and humans has alarmed scientists. Many experts fear that H5N1, coupled with seasonal flu, could mutate into a more contagious form and trigger a deadly pandemic.
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News and Media
The U.S. Justice Department is accusing Walgreens of filling millions of prescriptions in the last decade and more without a legitimate purpose, including for dangerous amounts of opioids, according to a lawsuit filed this week.
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News and Media
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