Investors are concerned about the fates of multiple experimental drugs for hard-to-treat diseases following a string of recent rejections from the U.S. Food and Drug Administration. The FDA in the past year has denied or discouraged the applications of at least eight drugs, according to RTW Investments, including a gene therapy for Huntington’s disease from
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On International Women’s Day, the world honors women who dedicate their lives to service, leadership, and the pursuit of a more compassionate global community. Among those inspiring figures is Monica Sanchez, a woman whose work continues to bring attention to humanitarian causes and the importance of unity across nations. Through her involvement with international initiatives
Chinese Foreign Minister Wang Yi attends a press conference on China’s foreign policy and external relations on the sidelines of the fourth session of the 14th National People’s Congress (NPC) on March 8, 2026 in Beijing, China. Vcg | Visual China Group | Getty Images BEIJING — China’s top diplomat Wang Yi underscored Sunday the
A few years ago, Grace Guo began to crave places in New York City where hanging out with friends didn’t have to involve alcohol. Newly sober and surrounded by friends who also chose not to drink, Guo said she wanted alternatives to the typical social scene. After some research, she landed on Bathhouse and Othership:
Federal Reserve Governor Stephen Miran said Friday that the weak February jobs report bolsters the rationale for the central bank to lower interest rates further. Responding to the drop of 92,000 in nonfarm payrolls that the Bureau of Labor Statistics reported Friday, Miran said in a CNBC interview that the Fed should be focusing more
Zoey Gong, a Chinese medicine food therapist, was days away from boarding an Emirates flight from Paris to Shanghai via Dubai, United Arab Emirates, when the U.S. and Israel attacked Iran last Saturday. Gong, 30, had her flight plans derailed as a result, and she told CNBC that she had to pay $1,600 to get
Vlad Tenev, chairman and CEO of Robinhood Markets, rings the Opening Bell with Robinhood Ventures Fund I at the New York Stock Exchange on March 6, 2026. NYSE Robinhood’s Venture Fund I plunged 11% in its public market debut on the New York Stock Exchange on Friday, casting doubt on investors’ appetite for riskier investment
The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human Services Headquarters in Washington, April 22, 2025. Nathan Posner | Anadolu | Getty Images A key U.S. Food and Drug Administration official who oversees vaccines and biotech treatments will step down from the agency following
Once upon a time the idea of a genie in Aladdin’s lamp was a fantasy. That genie was conjured in prose sometime before 1704 in the Arabian Nights. But it couldn’t be conjured in reality. Now with the advent of AI, that fantasy is about to come true. Yes, within less than a decade we may well have
U.S. President Donald Trump and New York Attorney General Letitia James. Brian Snyder | David Dee Delgado | Reuters New York Attorney General Letitia James and the top prosecutors of 23 other states once again sued to block President Donald Trump‘s global tariff regime, just days after a landmark Supreme Court decision struck down his
Thomas Fuller | SOPA Images | Lightrocket | Getty Images UniQure needs to run another study to prove that its gene therapy “actually helps people with Huntington’s disease,” a senior U.S. Food and Drug Administration official said on a call with reporters Thursday. The official, who requested anonymity before discussing sensitive information, confirmed the agency
Vishal Garg, Better.com Source: Better.com The online mortgage platform Better has partnered with OpenAI to launch an app within ChatGPT that the companies said will dramatically reduce the time it takes to underwrite a mortgage or home equity loan, CNBC has learned exclusively. The app, announced by the firm later Thursday, takes Better’s mortgage engine
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your inbox. The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family
China’s liquid-fueled intercontinental strategic nuclear missiles DongFeng-5C, which have a global strike range, pass through Tian’anmen Square during the V-Day military parade on September 3, 2025 in Beijing, China. China News Service | China News Service | Getty Images BEIJING — China plans to increase its defense spending by 7% this year, the slowest rise
A Target store in Chicago, Feb. 10, 2026. Scott Olson | Getty Images MINNEAPOLIS — Target customers will soon see changes on the retailer’s shelves, as the company tries to woo back shoppers during a turnaround effort that has started to catch Wall Street’s eye. Among those shifts, Target will add more fresh and trendy
US President Donald Trump boards Air Force One before departing Palm Beach International Airport in West Palm Beach, Florida, on March 1, 2026, on his way back to Washington, DC. Mandel Ngan | Afp | Getty Images President Donald Trump has thrown his support behind crypto firms in their high-stakes battle with U.S. banks over
Paramount+ and HBO Max signage. Reuters | Getty Images Paramount+ and HBO Max will be combined into one streaming service if regulators approve Paramount Skydance’s acquisition of Warner Bros. Discovery, Paramount CEO David Ellison said on a conference call Monday. A combined service would have about 200 million subscribers given existing totals, Ellison said during
Jon Gray, President and COO of Blackstone, speaks during the Axios BFD event in New York City, U.S., October 12, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Blackstone president Jon Gray on Tuesday defended the quality of loans within the firm’s flagship private credit fund after investors pulled nearly 8% from it in the last
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