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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
By Marlene Dailey, Angela Kramer, Nelly Montoya and Taneisha Pryor

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
By Justin Culbertson, Amanda Laskey and Brian Winne

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
By Michael Haas, Danny Schmidt and Matt Wolf

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
By Tuan Nguyen

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 >