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GeneDx, a genetic testing company, explores the potential of newborn genetic testing to identify potential diseases and initiate early treatment.

Published on: February 10, 2025, 05:04 PM UTC

Merck KGaA in advanced talks to acquire Springworks Therapeutics in a deal that could be signed in the coming weeks, sources say. Springworks has a market value of $3 billion.

Published on: February 10, 2025, 03:00 PM UTC

Tower Semiconductor reports Q4 earnings of 49 cents per share, missing analysts' estimates by 3 cents. Revenue came in at $387.2 million, beating expectations by $13.2 million.

Published on: February 10, 2025, 01:06 PM UTC

Stocks were nearly unchanged during the first week in February, as the market digested corporate earnings from major technology companies, a surprisingly strong January jobs report, and ongoing news about President Donald Trump's tariff policies. The S&P 500 (^GSPC) remained largely flat for the week, while the Nasdaq Composite (^IXIC) and Dow Jones Industrial Average each fell about 0.4%. Inflation data will take center stage in the coming week, with the release of the Consumer Price Index (CPI) on Wednesday morning. Wholesale inflation and retail sales figures will also be closely watched. Additionally, investors will be closely monitoring Trump's planned announcement of new 25% tariffs on steel and aluminum imports, as well as further details on reciprocal tariffs. On the corporate front, 78 S&P 500 companies, including McDonald's (MCD), Coca-Cola (KO), Super Micro Computer (SMCI), and Airbnb (ABNB), are scheduled to report earnings.

Published on: February 10, 2025, 12:04 PM UTC

Chancellor Scholz and CDU/CSU's Friedrich Merz debate policies and strategies for Germany's economy, security, and international relations in the first televised debate ahead of the snap election.

Published on: February 10, 2025, 06:00 AM UTC

The stock market remains near record highs despite looming tariff threats. Analysts suggest this may be due to bets on the tariffs being short-lived or less impactful than feared. However, the full impact of tariffs on earnings is difficult to estimate, and analysts from Goldman Sachs, BofA, and JPMorgan estimate potential impacts ranging from 2-8% on earnings per share for the S&P 500. Despite the uncertainty, earnings continue to perform well, with strong growth in Q4 2025. Analysts expect this growth to continue, potentially offsetting any downside impact from tariffs. However, if tariffs hurt earnings as anticipated, market prices may need to adjust. The labor market remains strong, with low unemployment and wage growth, although there are signs of cooling. Consumer sentiment has declined recently, but spending data remains resilient. Business investment and surveys indicate economic strength, while construction spending and mortgage rates trend higher. The long-term outlook for the stock market is still positive, bolstered by earnings growth. However, the unknown impact of tariffs and other potential risks indicate that investors should remain vigilant and prepared for market fluctuations.

Published on: February 09, 2025, 08:00 PM UTC

Layoffs and workforce reductions are ongoing in 2025, impacting companies in various industries including tech, media, finance, manufacturing, retail, and energy. Factors such as technological advancements and cost-cutting measures are driving these workforce changes. The meta description should accurately reflect the content of the article and provide a brief overview of the topic of layoffs and workforce reductions in 2025.

Published on: February 09, 2025, 02:00 PM UTC

Tariffs on foreign-made medications could increase costs, lead to shortages, and hurt Americans' access to treatments. Experts warn that tariffs may not effectively encourage US manufacturing and could have unintended consequences, such as exacerbating generic drug shortages.

Published on: February 08, 2025, 02:00 PM UTC

Despite rising mortgage rates and flat sales, consumers are slightly more optimistic about buying, selling, and home prices, per Fannie Mae survey.

Published on: February 07, 2025, 08:03 PM UTC

Fed Governor Kugler Advocates for Holding Interest Rates Due to Stable Labor Market, Limited Inflation Progress, and Policy Uncertainty

Published on: February 07, 2025, 07:03 PM UTC