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Day: June 18, 2025
Trump knocks Fed’s Powell, muses about appointing himself to lead central bank
By Jeff Mason and Susan Heavey WASHINGTON (Reuters) -U.S. President Donald Trump on Wednesday knocked Federal Reserve Chair Jerome Powell…
Nvidia-backed AI startup SandboxAQ creates new data to speed up drug discovery
By Stephen Nellis SAN FRANCISCO (Reuters) -SandboxAQ, an artificial intelligence startup spun out of Alphabet’s Google and backed by Nvidia,…
US FDA approves Gilead’s twice-yearly injection for HIV prevention
By Deena Beasley and Julie Steenhuysen (Reuters) -The U.S. Food and Drug Administration on Wednesday approved Gilead Sciences lenacapavir, a…
Fed’s Powell cautions little conviction in forecasted rate outlook
By Michael S. Derby (Reuters) -Federal Reserve Chairman Jerome Powell cautioned on Wednesday not to place too much stock in…