Merck earnings top estimates amid solid demand for Keytruda cancer drug

The Fed’s favorite inflation index just cooled again

Inflation has slowed further and is just a hair’s breadth from the Federal Reserve’s 2% target. The Personal Consumption Expenditures price index, which is the Fed’s preferred inflation gauge, showed prices rose 2.1% for the year ended in September, a slowdown from 2.3% in August, according to Commerce Department data released Thursday. The annual increase, which […]

Foreign leaders invited to US presidential inauguration for first timePresident-elect Donald Trump has invited foreign leaders to his inauguration, a ceremony that marks a peaceful transition of power in American politics.

In addition to Chinese President Xi Jinping, he has invited conservative international leaders such as Argentine President Javier Miel and Italian Prime Minister Giorgia Meloni to attend the inauguration ceremony in Washington, D.C. today. The Chinese president has sent Vice President Han Zheng to represent him. It is the first time a foreign leader has […]

Elon Musk backs German far-right party

LONDON —  Elon Musk, the billionaire owner of X, Tesla and SpaceX and the political ally of U.S. President-elect Donald Trump, on Friday praised the German far-right Alternative for Germany party ahead of the German election scheduled for Feb. 23. In a post on X, Musk said, “Only the AfD can save Germany.” A few […]