In May, the unemployment rate in the United States slightly increased, but saw a decline among Hispanic workers, according to the most recent nonfarm payroll report. The unemployment rate for the previous month was 3.7%, up 0.3 percentage points from the prior month. However, Hispanic or Latina women saw their unemployment rate decrease to 3.4% …
An independent advisory panel to the Food and Drug Administration (FDA) has recommended the approval of nirsevimab, a monoclonal antibody developed by AstraZeneca to protect infants from respiratory syncytial virus (RSV), which is the leading cause of hospitalization among newborns. If approved, nirsevimab would be the first medical intervention available in the U.S. that can …
Traders are indicating that the Federal Open Market Committee of the Federal Reserve will likely pause in interest rate hikes at their upcoming meeting, which coincides with a potential new bull market. Last week, the Dow Jones Industrial Average and NASDAQ Composite experienced positive trends, with major indices surpassing their moving averages. Despite excitement over …
Eisai and Biogen’s drug Leqembi, aimed at treating Alzheimer’s, has received unanimous support from a panel of independent advisors to the Food and Drug Administration (FDA), indicating full approval is expected this summer. The advisors voted 6-0 in success of Eisai’s data, which showed a substantial clinical benefit for patients. While the FDA is not …
Financial experts predict that the Federal Reserve will temporarily halt its aggressive interest rate increases in its upcoming meeting. However, consumers are unlikely to see any relief, even with the pause. The central bank has implemented 10 interest rate hikes since last year, the fastest it has done so since the 1980s. Unfortunately, inflation has …