The planned 230,000 square-foot plant is the healthcare company's latest step in a 10-year plan to modernize and expand its distribution network. ...

Exxon is the latest large oil company to announce job cuts as the industry continues to adapt to lower oil prices. ...

Business activity in the Chicago area unexpectedly weakened further this month, hampered by softer orders and a deteriorating jobs market, a monthly survey showed. ...

The rate of layoffs in the economy was mostly steady at 1.1% from July. Hiring was largely steady as well, with the rate of new job offers holding at 3.2%. ...

The private-equity firm's co-CEO, Egon Durban, had been eyeing Electronic Arts for years. ...

President Trump is expected to unveil the measures with Pfizer's CEO on Tuesday ...

Group 1 - The S&P CoreLogic Case-Shiller National Home Price Index increased by 1.7% over the 12 months ending in July, indicating a slowdown in home price growth compared to previous months [1] - The year-over-year increase in June was reported at 1.9%, showing a decline in the rate of price appreciation [1] - This trend marks the continuation of the weakest price rises observed since July 2023 [1]

The audiostreaming platform's founder, who will become executive chairman, plans to hand top role to two deputies. ...

Core Insights - The recent acquisition by the supplier to major retailers addresses machinery issues and expands its potential customer base [1] Company Summary - The supplier has made a strategic acquisition aimed at resolving machinery-related challenges faced by its clients [1] - This move is expected to enhance the supplier's service offerings and attract new customers from the retail sector [1] Industry Summary - The acquisition reflects a trend in the industry where suppliers are increasingly focusing on improving operational efficiencies for their clients [1] - By solving machinery woes, the supplier positions itself as a more valuable partner to big retailers, potentially leading to increased market share [1]

Core Insights - Gold prices have reached an all-time high, indicating strong demand and investor interest in safe-haven assets amid economic uncertainty [1] - The U.S. dollar has weakened further, contributing to the rise in gold prices as investors seek alternatives to the dollar [1] Group 1: Gold Market Dynamics - The surge in gold prices reflects a significant increase, with prices surpassing previous records, driven by geopolitical tensions and inflation concerns [1] - Investors are increasingly turning to gold as a hedge against currency depreciation and economic instability, leading to heightened market activity [1] Group 2: Currency Impact - The weakening of the U.S. dollar has been a critical factor in the rising gold prices, as a lower dollar value makes gold cheaper for foreign investors [1] - The correlation between the dollar's performance and gold prices highlights the importance of currency fluctuations in commodity markets [1]