U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%
[ad_1] “TSA Is Hiring” signage at Philadelphia International Airport (PHL) in Philadelphia, Pennsylvania, US, on Monday, March 23, 2026. Matthew Hatcher | Bloomberg | Getty Images The U.S. labor market bounced back in March, with job creation much stronger than expected though the broader picture of a slow-growth labor market held intact. Nonfarm payrolls rose […]
The March jobs report will be released on Friday. Here’s what to expect
[ad_1] A “Help Wanted” sign hangs in restaurant window in Medford, Massachusetts, U.S., January 25, 2023. Brian Snyder | Reuters Nonfarm payrolls are expected to bounce back — barely — in March as the bar keeps getting lower for what constitutes a healthy labor market. The U.S. economy is projected to show job gains of […]
Novo Nordisk says Wegovy pill outperforms Lilly’s oral GLP-1 in cross-trial comparison
[ad_1] Wegovy semaglutide tablets. Michael Siluk | Universal Images Group | Getty Images The Wegovy pill showed more pronounced weight loss and less cumbersome side effects than Eli Lilly‘s rival pill that was approved this week, Novo Nordisk said Thursday. Oral Wegovy demonstrated “significantly greater mean weight loss” than orforglipron, which Lilly will sell under […]
Novo Nordisk shares rise after Wegovy recommended by Britain’s drug price regulator
[ad_1] Michael Siluk | UCG | Universal Images Group | Getty Images Novo Nordisk rose as much as 4% after England’s drug price regulator recommended the use of its best-selling drug Wegovy to prevent heart attacks and strokes. Wegovy is mainly a weight loss treatment but it is also approved for reducing the risk of […]
Recession odds climb on Wall Street as economy shows cracks beneath the surface
[ad_1] Vanessa Nunes | Istock | Getty Images Federal Reserve Chair Jerome Powell last week pushed back when asked whether stagflation posed a threat to the U.S. economy. His successor may face a tougher challenge, as Wall Street forecasters raise their expectations of recession, brought on in part by the Iran war and potential for […]
Hims & Hers shares surge after Novo Nordisk drops patent infringement case over compounded weight loss drugs
[ad_1] Novo Nordisk has dropped its legal case against telehealth provider Hims & Hers over patent infringement, after the two companies agreed Hims would sell Novo’s branded medicines through its platform. “We have decided to drop the current court proceedings and, of course, we reserve to bring that back if need be, but I don’t […]
Private companies added 63,000 jobs in February, January revised to just 11,000 additions, ADP says
[ad_1] A “Now Hiring” sign is seen at a Dollar Tree store on Feb. 11, 2026 in Hollywood, Florida. Joe Raedle | Getty Images Private sector hiring was a bit better than expected in February, though most of the job creation came from just two sectors, ADP reported Wednesday. Companies added a seasonally adjusted 63,000 […]
These 4 charts show the scale of Novo Nordisk’s woes
[ad_1] Novo Nordisk was the first company to make a GLP-1 drug for weight loss and became Europe’s most valuable company. But its troubles are stacking up and today the stock trades at just a quarter of what it did at its peak less than two years ago. Pricing pressure, fierce competition, and pipeline setbacks […]
Novo Nordisk trial ‘own goal’ sparks flurry of analyst downgrades
[ad_1] Analysts added to the sour mood around Novo Nordisk , racing to cut price targets on the stock, after the Danish drugmaker published disappointing trial results on what it hoped to be its next big weight loss drug. The drug, CagriSema didn’t meet the key goal of matching rival medicine Zepbound, developed by Eli […]