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US FDA extends review of Rhythm Pharma’s drug for rare form of obesity

(Reuters) -Rhythm Pharmaceuticals said on Friday the U.S. Food and Drug Administration has extended the review period for expanded approval of its drug, Imcivree, as a treatment for a rare form of obesity.(Reporting by Sneha S K; Editing by Sahal ...
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Fed Vice Chair Jefferson: Slow approach to cuts makes sense as policy rate approaches neutral

By Howard Schneider WASHINGTON (Reuters) -The Fed should "proceed slowly" in approving further interest rate cuts as monetary policy moves closer to a neutral stance, Fed Vice Chair Philip Jefferson said on Friday. Following a quarter-point rate cut last week, which Jefferson supported, he said "the ...
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Democrats’ electoral sweep tests Trump’s anti-DEI and immigration agenda

By David Hood-Nuño, Jonathan Allen and Bianca Flowers WASHINGTON (Reuters) -Democrats' victories in Tuesday's elections have exposed potential vulnerabilities in U.S. President Donald Trump's hardline immigration agenda and bid to stamp out diversity, equity and inclusion policies, analysts said. While the winners focused their campaign ...
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Democrats’ potential resurgence puts investors on watch for policy shifts

By Niket Nishant and Shashwat Chauhan (Reuters) -Democratic victories this week have caught investors' attention, signaling a potential comeback after the party's bruising defeat during last year's election. A strong showing for congressional Democrats at the midterm elections in 2026 could push and revive policies ...
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Price cuts help more Americans start weight-loss drugs but maybe not stay on them

By Bhanvi Satija and Chad Terhune LONDON/LOS ANGELES (Reuters) -A Trump administration deal to cut prices for popular weight-loss drugs like Wegovy and Zepbound will allow millions more Americans to give them a try, but the cost may still be too high to keep patients ...
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Pope Leo’s critique of Trump emboldens top US Catholics to help immigrants

By Joshua McElwee VATICAN CITY (Reuters) -Pope Leo's recent criticisms of U.S. President Donald Trump's anti-immigration policies are emboldening Catholic efforts to help immigrants caught up in the administration's hardline crackdown, senior U.S. Church leaders say. After Leo called on Tuesday for "deep reflection" in the ...
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Judge to rule on Trump’s Portland troop deployment

By Jack Queen and Dietrich Knauth (Reuters) -A judge is set to decide on Friday whether President Donald Trump violated federal law when he sent National Guard troops to Portland, Oregon, following a closely watched trial over the president's power to deploy the military on ...
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US employment report will not be published again as government shutdown drags on

By Lucia Mutikani WASHINGTON (Reuters) -The U.S. Labor Department on Friday will not publish its closely watched employment report for an unprecedented second straight month as the government remains shut, and fears are mounting October's report might not be released when full operations resume. The longest ...
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Woman rescues a beached shark in Oregon in striking video

MANZANITA, Ore. (AP) - A woman was walking her dogs on an Oregon beach when she saw a small shark struggling. It was lucky timing for the salmon shark, which was suffocating in a low tide area near the shoreline. "I was essentially nervous about touching ...
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Trading firm Gunvor, accused by US of being ‘Kremlin’s puppet,’ drops plan to buy Lukoil assets

GENEVA (AP) - A top-tier international commodities trader has dropped plans to buy the international assets of Russia oil company Lukoil as it rejected U.S. government allegations of being "the Kremlin's puppet." Trading firm Gunvor, whose main trading office is in Geneva, announced on X ...
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‘No hire’ job market leaves unemployed in limbo as threats to economy multiply

WASHINGTON (AP) - When Carly Kaprive left a job in Kansas City and moved to Chicago a year ago, she figured it would take three to six months to find a new position. After all, the 32-year old project manager had never been unemployed ...
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Honda cuts annual operating profit after posting Q2 drop

TOKYO (Reuters) -Honda Motor cut its annual profit forecast by about a fifth and posted a 25% drop in its second-quarter operating profit on Friday, as its performance took a hit from U.S. import tariffs and one-off costs related to electric vehicles. ...
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