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New Weight-Loss Treatments Aim to Preserve or Grow Muscle

Current weight-loss methods often lead to muscle loss, increasing the risk of falls and reducing strength. Several companies are developing new treatments that aim to preserve or grow muscle mass while promoting weight loss, including Eli Lilly, Regeneron, Scholar Rock, Roche, Biohaven, Keros Pharma, Elevai Biosciences, Veru, 35 Pharma, Arrowhead Pharmaceuticals, and Six Peaks/AstraZeneca.

Ackman's Pershing Square Makes Revised Bid for Howard Hughes

Billionaire investor Bill Ackman's Pershing Square proposes to buy 10 million shares of Howard Hughes Holdings (HHH) at $90 each, giving it 48% ownership. Ackman plans to transform HHH into a diversified holding company like Berkshire Hathaway.

Musk's Mission: Protecting Social Security or Dismantling It?

Social Security faces a funding shortfall with benefits exceeding tax revenue. Despite Elon Musk's claims of 150-year-old fraudsters, improper payments are minimal. Solutions include raising taxes, trimming benefits for high earners, or a comprehensive plan like Brian Riedl's. Musk's commission may be seeking savings to fund Trump's tax cuts, raising concerns among good-government watchdogs.

Social Security: Fixing a Flawed System

There are no 150-year-old Social Security recipients, but the program does need fixing. Elon Musk's government-efficiency commission has targeted the program, but critics say he's spreading lies and the program is popular. Musk could help by using his platform to encourage politicians to make needed changes, but he may be looking for ways to finance Trump's tax cuts.

How inflation is eroding the value of your savings

Inflation Calculator: See how inflation erodes your savings. Calculate how much your savings lose in real terms due to inflation.

Mitsui to Acquire 40% Stake in Rhodes Ridge Iron Ore Project for $5.34 Billion

Japanese trading house Mitsui will acquire a 40% interest in the Rhodes Ridge iron ore project in Australia for $5.34 billion. Rhodes Ridge is one of the world's largest undeveloped iron ore deposits with 6.8 billion tons of mineral resources.

JP Morgan Upgrades Singapore Equities to Overweight, Sets Bull Case Target

JP Morgan upgrades Singapore equities to overweight, citing attractive valuations, high dividends, and government initiatives to boost the stock market, setting a target of 4,200 for the benchmark index.

Musk's Political Role Damages Tesla's Brand, Sales

Elon Musk's controversial role in the Trump administration has damaged Tesla's brand image, leading to protests and declining sales. A Quinnipiac poll shows voters disapprove of Musk's actions, and an American EV Jobs Alliance survey found EV drivers gave him a negative rating. Tesla employees reportedly fear Musk has damaged the company's brand, and January sales have fallen in Germany, France, Norway, and the UK.

Intel Stock Jumps 16% on Potential Deals With Broadcom, TSMC

Intel stock soars 16% on rumors of potential deals with Broadcom and TSMC that could split the chipmaker into two separate entities.

Chevron’s Venezuela Oil Exports Face Scrutiny Under Trump

The US is reviewing Chevron's ability to continue exporting crude from Venezuela, President Donald Trump said, signaling an openness to tighter restraints on the oil giant's operations in the South American country.