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Interest rate outlook: Debt ceiling standoff raised the cost of doing business
The Treasury’s need to sell $1.1 trillion in debt along with a strong probability of another Federal Reserve rate hike or two will push interest rates higher, raising the cost of doing business. … READ MORE >
Financial services update: FedNow, banking results, reinsurance disruption
In the latest installment of our monthly financial services update, we take a look at the upcoming launch of the Fed’s instant payment system, banking results for the first quarter and disruption in reinsurance. … READ MORE >
5 things to know in life sciences: Week of June 5, 2023
From prescription drug shortages to FDA guidance on clinical trials, each week we highlight what’s happening in life sciences. … READ MORE >
As physicians are strained by surging demand, AI may provide relief
Addressing growing health care services needs could mean looking to the technology sector for solutions. … READ MORE >
Initial jobless claims spike to highest since 2021
Total new filings for jobless benefits rose to 261,000 last week, the highest since October 2021, the Labor Department reported on Thursday. … READ MORE >