Ken Griffin says Fed has not done enough, must continue on its path to reset inflation expectations

Ken Griffin, Citadel’s founder and CEO, believes the Federal Reserve has more work to do to bring down inflation even after a series of big rate hikes. “We should continue on the path that we’re on to ensure that we reanchor inflation expectations,” Griffin said at CNBC’s Delivering Alpha Investor Summit in New York City … Read more

A single dose of monkeypox vaccine provides some protection against infection, CDC says

Los Angeles, CA – August 10: Luis Garcia, a registered nurse, prepares Monkeypox virus vaccine at St.John’s Well Child & Family Center on Wednesday, Aug. 10, 2022 in Los Angeles, CA. Irfan Khan | Los Angeles Times | Getty Images People at risk for monkeypox who have not received a single dose of vaccine are … Read more

Cathie Wood’s Ark is buying stock in space SPAC Rocket Lab

A look at the company’s production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center. Rocket Lab Cathie Wood’s Ark Invest is dipping back into a space SPAC, with two of the firm’s funds buying up stock in Rocket … Read more

Covid vaccination linked to slight increase in menstrual cycle, NIH study confirms

A healthcare worker administers a dose of the Pfizer-BioNTech Covid-19 vaccine at a vaccination clinic in the Peabody Institute Library in Peabody, Massachusetts, U.S., on Wednesday, Jan. 26, 2022. Vanessa Leroy | Bloomberg | Getty Images Covid-19 vaccination is linked to a slight increase in the length of a women’s menstrual cycle, delaying the beginning … Read more

Lionsgate leaning toward spinning off its studio business instead of Starz

Michael Burns Michael Newberg | CNBC Lionsgate is leaning toward spinning off its studio division rather than its Starz cable and streaming unit, according to people familiar with the matter. This would be a change in strategy for the media and entertainment company, which said in May it expected to finalize a spin or sale … Read more

Lego sales jump 17% in first half of 2022, boosted by Star Wars and Harry Potter sets

Lego Star Wars toys sit on display inside a Toys “R” Us Inc. store in Paramus, New Jersey, U.S., on Tuesday, Nov. 26, 2019. Bloomberg | Getty Images Lego sales are building on pandemic-era growth, boosted by popular sets from Lego Star Wars and Lego Harry Potter. On Wednesday, the privately held Danish toymaker said … Read more

Ford unveils new F-Series Super Duty trucks designed to boost its commercial, software services businesses

2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging from large pickups to commercial … Read more

Hugh Jackman is back as Wolverine in Ryan Reynolds’ ‘Deadpool 3’

Ryan Reynolds stars in “Deadpool 2.” 20th Century Fox Hugh Jackman will enter the Marvel Cinematic Universe alongside Ryan Reynolds in “Deadpool 3,” which is due out in theaters Sept. 6, 2024. Reynolds, who portrayed the “merc with a mouth” in several 20th Century Fox projects, announced via social media that he and Jackman are … Read more

GM delays return-to-office mandate after employee backlash

General Motors CEO Mary Barra speaks to reporters while she waits for the arrival of President Joe Biden at media day of the North American International Auto Show in Detroit, Michigan, September 14, 2022. Rebecca Cook | Reuters DETROIT – General Motors is conducting damage control around its return-to-office plans after a Friday afternoon message … Read more

Home prices cooled in July at the fastest rate in the history of S&P Case-Shiller Index

A ‘for sale’ sign is displayed outside a single family home on September 22, 2022 in Los Angeles, California. Allison Dinner | Getty Images U.S. home prices cooled in July at the fastest rate in the history of the S&P CoreLogic Case-Shiller Index, according to a report released Tuesday. Home prices in July were still … Read more