From mRNA opportunities to treat cancer to a report on diversity in clinical trials, each week we highlight five things happening in the life sciences industry. … READ MORE >
Blog
Producer price inflation hotter than expected ahead of Fed’s meeting
The producer price index for final demand rose by 0.3% in November and by 7.4% year-over-year, the Bureau of Labor Statistics reported on Friday. … READ MORE >
Jobless claims show an uptick in layoffs
New filings for jobless claims inched up by 1.8% last week to 230,000, remaining above the pre-pandemic level for the fifth week in a row. … READ MORE >
Bank of Canada increases policy rate to 4.25%
The Bank of Canada raised its policy rate by 50 basis points to 4.25% on Wednesday, the seventh consecutive increase since March. … READ MORE >
U.S. service sector grows, adding pressure on Fed
The Institute for Supply Management’s service index rose in November as business activities increased on the month. … READ MORE >
U.S. economic outlook: Recession on the horizon
Our baseline forecast for the American economy next year calls for a mild recession by the second half of the year as the impact of higher interest rates sets in. … READ MORE >
What do the latest job numbers say about the health care sector?
According to the latest nonfarm payroll report by the Bureau of Labor Statistics, health care added 44,700 jobs, exceeding our estimate of 40,000. … READ MORE >
Outer space: an endless frontier of opportunities for federal contractors
Investors, governments and contractors are optimistic about the technological and business potential of outer space. … READ MORE >
5 things to know in life sciences: Week of Nov. 28, 2022
From mRNA technology and a universal flu vaccine to the rise in digital therapies, each week we look at five things affecting the life sciences industry. … READ MORE >
U.S. jobs report: Rising wages pose a problem as hiring remains strong
average hourly earnings increased by 5.1% on a year-ago basis and by 0.6% on the month in addition to being revised higher in October. … READ MORE >