The Latest

  • Treasury Secretary Scott Bessent appears before the House Financial Services Committee on May 7, 2025, in Washington, D.C.
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    Pete Marovich via Getty Images
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    US, China agree to reduce tariff rates for 90 days

    By Wednesday, the two countries will charge 10% baseline duties during the period and remove certain retaliatory levies that pushed rates over 100%.

  • President Donald Trump displays a chart showcasing coming tariff rates at the White House on April 2, 2025.
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    Chip Somodevilla via Getty Images
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    Earnings & Tariffs

    Solventum’s projected $100M tariff hit prevents earnings increase

    CEO Bryan Hanson said tariffs have given “a higher sense of urgency” to the company’s existing efforts to regionalize its supply chains.

  • Professional photo of Ashley McEvoy
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    Permission granted by Insulet
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    New Insulet CEO Ashley McEvoy sets priorities

    The diabetes tech company raised its expectations for revenue and gross margins, despite the impact of tariffs.

  • The hand of a scientist in a blue glove runs a test on an Illumina sequencing machine.
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    Courtesy of Illumina
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    SEC ends probe of Illumina’s Grail acquisition

    The DNA sequencing company also cut its 2025 earnings outlook to reflect the impact of tariffs on its business.

  • Professional photo of Osagie Ebekozien
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    Permission granted by The American Diabetes Association
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    Q&A

    ADA’s Osagie Ebekozien on diabetes tech for Type 2, new CGM standards

    Ebekozien, chief quality officer of the American Diabetes Association, said the nonprofit is seeing a shift with more devices authorized for Type 2 diabetes.

  • A sign for the FDA is shown in front of the headquarters building in Silver Spring, Maryland.
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    hapabapa via Getty Images
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    FDA, aiming to speed scientific reviews, names chief AI officer

    Commissioner Martin Makary also said the agency would roll out a generative AI system across its centers that will help FDA scientists spend less time on repetitive tasks.