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Fed holds rates steady as rebound in inflation hampers progress
By Tuan Nguyen
Citing a lack of progress in reducing inflation, the Federal Reserve kept its policy rate unchanged at 5.5% at its meeting on Wednesday, the same rate it has had since July. … READ MORE >
5 things to know in life sciences: Week of April 29, 2024
By Amanda Laskey and Brian Winne
Each week we highlight five things affecting the life sciences industry. Here’s the latest. … READ MORE >
Labor data shows economic strength as inflation concerns linger
By Tuan Nguyen
Despite a slowdown in productivity and rising labor unit costs, the economy continues to show strength with initial jobless claims staying near recent lows and factory orders posting solid growth. … READ MORE >
Job openings fall to a three-year low as manufacturing softens
By Tuan Nguyen
Job openings in March plunged to 8.49 million, the lowest level in three years, according to the Bureau of Labor Statistics on Wednesday. … READ MORE >
Key takeaways for life sciences on laboratory developed tests final rule
The FDA released a final rule regarding laboratory developed tests. There are key considerations on enforcement discretion and phaseout schedule. … READ MORE >