The biotech sector recently saw a sharp reversal after a failed post-election breakout attempt. While most areas of the market have risen to new heights since Donald Trump’s election victory on November 5, biotech ETFs such as the iShares Biotechnology ETF. NASDAQ: IBB and SPDR Biotech ETF New York Stock Exchange: XBI stopped short of … Read more
Blogger and marketer Alina Rezanova, 33, walks with her eight-month-old son Igor during an interview with Reuters in the city of Yaroslavl, Russia, October 3, 2024. – Reuters Russia’s lower house of parliament voted unanimously on Tuesday to ban what authorities described as harmful propaganda for a childless lifestyle, in the hope of boosting the … Read more
After sharply raising rates to fight inflation, the Federal Reserve is signaling it will cut rates at a more measured pace. After a larger-than-usual 0.5 percentage point cut in September, the central bank’s rate-setting committee last week cut the benchmark rate by a further 0.25 percentage point. The Federal Reserve’s benchmark federal funds rate affects … Read more