Business & Economy

CEO of Indian pharma company Dr Reddy's has warned that Trump's proposed tariffs on generic drugs will make them more expensive for patients.

The vote marks a win for Health Secretary Robert F Kennedy who has said he's a big fan of the drugs, which haven't been well studied for human use.

More than 16,800 EnHomee 9-Drawer Fabric Dressers sold on Walmart.com are being recalled after the CPSC said they pose tip-over hazards and violate federal safety standards

More than 1.5 million dozen shell eggs sold under multiple brands have been recalled after routine testing raised concerns about possible salmonella contamination.

The naira is projected to weaken against the dollar as fuel importers increase foreign exchange purchases, putting pressure on the Nigerian currency. Read More: https://punchng.com/naira-to-weaken-as-fuel-importers-increase-dollar-demand/

Outside experts—some with a vested interest in peptides—recommended adding a number of the amino acids to the FDA’s bulks list, including the “Wolverine stack” touted by Joe Rogan and other influencers.

SpaceX has started to turn away satellite operators seeking dedicated rides to orbit aboard its staple Falcon 9 rocket beyond 2028, people familiar with the matter said, underscoring the massive bet Elon Musk is making on its unproven Starship.

The Trump administration still searching for a coherent China AI strategy as top officials pursue competing approaches.

The 30-year fixed mortgage hit 6.58% this week, its highest level in nearly a year, as the conflict between the U.S. and Iran pushes oil prices higher.

State officials said parsley and cilantro may be linked to rising cases in North Carolina. The FDA is also investigating a new outbreak with an unknown source.

NYC Mayor Zohran Mamdani told those who own second homes in the city worth of $5 million to look for notices about the pied-à-terre tax coming soon.

The agreement, which could run for up to 10 years, is projected to save taxpayers at least $441 million by consolidating Oracle software purchases across the military.

“Whatever piece of s--t they sent back to us, that was not a serious effort,” said Sen. Ruben Gallego (D-Ariz.).

Oracle will supply on-premises software to the U.S. Department of Defense.

New law prohibits surveillance pricing, pauses electronic shelf labels for a year, and allows consumers to sue businesses that violate the ban.

As major tech companies race to capitalize on a new wave of AI technology, investors wonder when financial benefits will appear.

The price of Brent crude, now up about 40 percent this month, surged Thursday after Iran’s Houthi allies in Yemen claimed strikes on Saudi tankers.

The "Magnificent Seven" group of stocks suffered its steepest one-day decline since the tariff-driven market sell-off in April 2025.

Tesla missed second-quarter earnings estimates and the stock was down Thursday. Wall Street remains firmly focused on the future, though.

Intel smashed Wall Street's targets for the second quarter and with its guidance for the third quarter. Intel stock jumped on the news.

Southwest hired a ship this spring to send fuel from Houston to Los Angeles in case of supply shortages.