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Category: Top Stories

Bessent to propose major overhaul of regulatory body created from financial crisis

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In a letter set to be released Thursday, Bessent will recommend changing the approach of the Financial Stability Oversight Council.

Danish weight loss drug maker outlines ambitious 2030 strategy, ramping up pressure on Novo, Lilly

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Growing competition from smaller players is tightening the race for market leaders Novo Nordisk and Eli Lilly as more weight loss medicines near market entry.

Stocks making the biggest moves premarket: Oracle, Oxford Industries, Adobe, Gemini Space Station & more

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These are the stocks posting the largest moves in early trading.

Goldman Sachs leads investment in software delivery startup Harness at $5.5 billion valuation

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Harness CEO Jyoti Bansal wants to eventually take Harness public after he sold his previous startup, AppDynamics, to Cisco just before a planned IPO.

Here’s how much cash you should keep in your portfolio, according to experts

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Cash rates have gone down alongside Federal Reserve rate cuts. How much you should hold and where to stash it.

IRS releases health savings account expansion details under Trump’s ‘big beautiful bill’

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IRS releases health savings account expansion details under President Donald Trump’s “big beautiful bill.” What it means for ACA health plan enrollees.

Trump admin touts pulling nearly 10,000 truckers off road for failing English tests

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The Trump administration has drawn links between the surge in immigration under former President Joe Biden and road safety.

Eli Lilly’s next-generation obesity drug delivers strong weight loss, reduces knee pain in late-stage trial  

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The drugmaker is betting big on retatrutide as the next pillar of its obesity portfolio after its weight loss injection Zepbound and its upcoming pill. 

‘Reflation is back’ says Deutsche Bank as global central banks diverge from Fed

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Global central banks are diverging, following The Fed’s decision to cut rates and Swiss’ choice to hold steady.

Oracle shares plummet 11% in premarket, dragging down AI stocks

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Shares in Nvidia, Micron and Microsoft were also lower in premarket trade on Thursday.

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