Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting. “The real thing now to think about is should we get a 50 basis-point rate cut in September,” Bessent told Fox News. Bessent added that the Fed …
Read More »An explosion at a U.S. Steel plant near Pittsburgh on Monday left two people dead and at least 10 others injured, Allegheny County officials said. The explosion erupted at Clairton Coke Works at 10:51 a.m. ET, leaving some employees trapped under rubble for hours. One of the deceased victims was identified as Timothy Quinn, a 39-year-old father of three. Quinn …
Read More »
Insmed on Tuesday received Food and Drug Administration clearance for the first treatment for a chronic lung disease, opening the biotech up to what could be a multibillion-dollar product. Insmed will sell the daily pill, brensocatib, under the brand name Brinsupri for bronchiectasis. The approval comes after the treatment succeeded in one of last year’s most closely watched Phase 3 …
Read More »Under Pressure by Trump, Mexico Sends 26 Accused Cartel Operatives to U.S. The New York Times Mexico Sends 26 Prisoners With Links to Organized Crime to US Bloomberg.com Mexico Transfers 26 Suspected Cartel Members to U.S. The Wall Street Journal Live updates: Mexico expels 26 high-ranking cartel figures to US in deal with Trump administration AP News Trump Administration Makes New Deal With Mexico Newsweek …
Read More »
AbbVie Announces $195 Million Investment to Expand Active Pharmaceutical Ingredient Manufacturing in the U.S. New $195 million facility will further enhance AbbVie’s active pharmaceutical ingredient (API) production capacity and capabilities in the U.S. Expansion is part of AbbVie’s previously announced commitment to invest more than $10 billion of capital in the U.S. over the next decade Construction will begin in fall 2025 …
Read More »
President Donald Trump speaks with reporters at the White House on Aug. 11, 2025, in Washington. Alex Brandon/AP hide caption toggle caption Alex Brandon/AP President Trump extended a truce between the U.S. and China on tariffs, a move that could potentially set the stage for a summit with Chinese leader Xi Jinping later this year. With hours left on the …
Read More »
A man accused of faking his death and fleeing to the United Kingdom to avoid rape charges faced an alleged victim in court Monday as a jury trial in Utah began. The man known in the U.S. as Nicholas Rossi, whose legal name is Nicholas Alahverdian, is accused of sexually assaulting two women in Utah in 2008. He has pleaded …
Read More »Trump’s chip deal sets new pay-to-play precedent for U.S. exporters The Washington Post Opinion | Now Trump Wants an Export Tax The Wall Street Journal Trump says he’s open to letting Nvidia sell a downgraded version of its most advanced chip to China CNBC U.S. Government to Take Cut of Nvidia and AMD A.I. Chip Sales to China The New York Times How bond …
Read More »
Explosions at the U.S. Steel Clairton plant on Monday left two people dead and injured at least 10 people. Allegheny County 911 began receiving calls about an explosion just before 11 a.m., starting a chain reaction that saw 14 fire departments and 20 EMS services respond to U.S. Steel Clairton Coke Works, along with police. The plant, which sits along …
Read More »At least 2 dead and 10 injured in explosions at U.S. Steel Clairton plant Axios Pennsylvania: Two dead and 10 injured in Clairton steel plant explosion BBC Residents describe terror and heartbreak of deadly Clairton Coke Works explosion Pittsburgh Post-Gazette What is a coke-making plant? Explaining its role in steelmaking after explosions at US Steel facility WCVB “It shook my chest”: Worker near US …
Read More »