The planned site, which will be used to manufacture the company's first oral weight-loss drug, is expected to be operational within five years. ...

The Fed chair warns 'there is no risk-free path' after officials cut rates last week ...

The Fifth District Survey of Manufacturing Activity index dropped 10 points to minus 17 in September from minus seven in August, according to the Richmond Fed. ...

Core Insights - U.S. business activity showed slower expansion in a month when the Federal Reserve decided to cut interest rates [1] - There are indications that inflation fears may be alleviated due to a deceleration in firms' selling prices [1] Summary by Categories Business Activity - The pace of expansion in U.S. business activity has decreased compared to previous months [1] Federal Reserve Actions - The Federal Reserve's decision to cut interest rates coincided with the slower expansion of business activity [1] Inflation Indicators - Signs of deceleration in firms' selling prices suggest a potential cooling of inflation fears [1]

Core Viewpoint - Index funds, once dismissed as nonsense, have now become the preferred choice for many individual investors [1] Group 1 - The initial skepticism surrounding index funds has shifted significantly over time [1] - Individual investors increasingly favor index funds over actively managed funds [1] - The rise of index funds reflects a broader trend in investment strategies among retail investors [1]

Core Viewpoint - Investors are closely monitoring upcoming earnings reports from AutoZone and Micron Technology to assess the effects of tariffs and a decelerating labor market [1] Company Summaries - AutoZone's earnings report is anticipated to provide insights into how the company is navigating the challenges posed by tariffs and labor market conditions [1] - Micron Technology's earnings will be scrutinized for indications of the semiconductor industry's response to external economic pressures, particularly tariffs [1] Industry Insights - The overall sentiment in the market is cautious as investors seek to understand the broader implications of tariffs and labor market trends on key sectors [1]

Core Viewpoint - The company is facing challenges in utilizing its growing cash reserves, with mergers and acquisitions (M&A) currently not being a viable option [1] Group 1 - The company has accumulated a significant cash pile that needs to be effectively deployed [1] - M&A activities appear to be off the table for the company at this time [1]

Pfizer's latest deal could make it the budget entry point to the weight-loss bonanza. ...

Economic Growth Forecast - The U.S. economy is projected to grow by 1.8% in the current year and 1.5% in the following year [1] - The global economy is expected to grow by 3.2% this year [1]

Group 1 - International stock markets exhibited mixed performance early on Tuesday [1] - Gold prices reached record highs, indicating strong demand and potential investment interest [1] - The US dollar remained steady, suggesting stability in currency markets [1]