Business

More EV charging stations coming nationwide, electrifying 75K miles of highways

More EV charging stations coming nationwide, electrifying 75K miles of highways

For drivers choosing electric vehicles, convenient access to reliable charging stations remains one of the biggest pain points after adopting the eco-friendly way to cruise. Just the thought of driving out of the way to find a charging station when planning road trips—rather than pop into a choice of many gas stations at any exit—deters …

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Success of experimental Alzheimer’s drug hailed as ‘historic moment’

An experimental drug has slowed the rate of decline in memory and thinking in people with early Alzheimer’s disease in what is being described as a “historic moment” for dementia treatment. The cognition of Alzheimer’s patients given the drug, developed by Eisai and Biogen, declined by 27% less than those on a placebo treatment after …

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The FDA announces a new definition of what's 'healthy'

The FDA announces a new definition of what’s ‘healthy’

The Food and Drug Administration announced new rules Wednesday for nutrition labels that can go on the front of food packages to indicate that they are “healthy.” Under the proposal, manufacturers can label their products “healthy” if they contain a meaningful amount of food from at least one of the food groups or subgroups (such …

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Gold, silver rally on safe-haven buying, bullish outside markets

Gold, silver rally on safe-haven buying, bullish outside markets

Editor’s Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of today’s must-read news and expert opinions. Sign up here! (Kitco News) – Gold and silver prices are solidly higher and near daily highs in midday US trading Wednesday, on safe-haven demand amid …

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JPMorgan's Erdoes: In this turbulent market, there are opportunities everywhere

JPMorgan’s Erdoes: In this turbulent market, there are opportunities everywhere

In this turbulent market, opportunities abound, according to JPMorgan’s Mary Callahan Erdoes. Stocks have been trading in a bear market this year as investors navigate inflation, Federal Reserve interest rate hikes and talk of a potential recession. On Wednesday, the S&P 500 rebounded after hitting a fresh low for the year in the previous session. …

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UK bond yields plunge after Bank of England steps in to buy at 'whatever scale is necessary'

UK bond yields plunge after Bank of England steps in to buy at ‘whatever scale is necessary’

UK gilt yields fell back from their highest in 14 years after the Bank of England said it would buy bonds at “whatever scale is necessary” to restore orderly market conditions. The 10-year benchmark gilt yield TMBMKGB-10Y, 4.001%, which moves in the opposite direction to prices, fell 49 basis points to 4.03%, having at one …

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Bank of England seeks to stem bond market turmoil after tax cut storm

Bank of England seeks to stem bond market turmoil after tax cut storm

BoE starts buying bonds, delays gilt sales IMF does ‘not recommend’ policies like UK growth plan Moody’s: economic plan is ‘growth negative’ Pound trading down 0.7% to $1.065 Kwarteng meets banking bosses again LONDON, Sept 28 (Reuters) – The Bank of England sought to quell a fire-storm in Britain’s bond markets, saying it would buy …

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Why are houses so expensive right now?  Blame remote work

Why are houses so expensive right now? Blame remote work

Housing costs across the US have soared to near-astronomical levels in recent months — and the shift to remote work could be to blame, according to new research from the Federal Reserve Bank of San Francisco. Home prices rose 24% between November 2019 and November 2021, the research, which was published Monday, found. Increased demand …

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New 2023 Ford F-Series Super Duty revealed as the top towing truck

New 2023 Ford F-Series Super Duty revealed as the top towing truck

NEWYou can now listen to Fox News articles! The Ford F-Series Super Duty lineup has been redesigned and toughened for 2023. The updated trucks feature new styling inside and out and a range of gasoline and diesel engines Ford says deliver the most horsepower and torque in the class. The company is being tight-lipped about …

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