NY Post - Business

• Alphabet’s Isomorphic Labs raises $600M in first funding round for AI drug business

  5 days ago Business NY Post - Business 14

  The London-based business – which launched in 2021 – will use the funds to further its research, expand its team and continue on its mission to...

• Drug stocks sink as FDA’s top vaccine official is ousted in Trump overhaul

  5 days ago Business NY Post - Business 9

  Shares of major US drugmakers plunged Monday after reports surfaced that the FDA’s leading vaccine official was forced out as part of a shakeup at...

• Goldman Sachs economists forecast more interest rate cuts this year on fears tied to Trump’s tariffs

  5 days ago Business NY Post - Business 9

  The new forecast sees the Fed lowering rates in July, September and November – an increase from earlier bets on two cuts this year and one in 2026,...

• Possible arson eyed in Rome as 17 Teslas destroyed in yet another attack

  5 days ago Business NY Post - Business 6

  Italian police are investigating a possible arson attack on a Tesla dealership in Rome overnight that destroyed 17 cars, a security source said on...

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• China delays $23B sale of Panama Canal ports to US-backed consortium led by BlackRock

  5 days ago Business NY Post - Business 12

  The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison Office.

• Rocket to buy Mr. Cooper in $9.4B mega US real estate deal

  5 days ago Business NY Post - Business 15

  Rocket Cos. said Monday it would buy home loan service provider Mr. Cooper Group for $9.4 billion, boosting its mortgages business in its second...

• Trump says TikTok sale deal to be announced before Saturday deadline

  6 days ago Business NY Post - Business 15

  President Trump said he expects to announce terms on a deal with TikTok’s China-based parent company ByteDance to sell the popular video-sharing...

• Tech stocks tank, S&P 500 slips as Wall Street braces for Trump tariffs

  6 days ago Business NY Post - Business 13

  Broader S&P 500 index lost more than 1% -- falling 60 points to hit lowest level since September -- while the Dow experienced a more modest...

• Gold hits record highs at over $3K as investors seek safe haven from Trump tariffs

  6 days ago Business NY Post - Business 15

  Spot gold was trading at around $3,119 an ounce as of 10:43 a.m. Eastern Time -- a gain of 1.05%, after previously touching a high of $3,128.06.

• White House plans to take over press room seating chart, likely boot legacy media farther back: report

  6 days ago Business NY Post - Business 16

  It’s the Trump administration’s latest effort to shake up traditional media’s grip on White House coverage.

• Primark CEO Paul Marchant resigns, admits to ‘error of judgment’ following investigation

  6 days ago Business NY Post - Business 14

  Paul Marchant took the helm at the Dublin, Ireland-based fast-fashion retailer in 2009.

• FTC Commissioner Melissa Holyoak working remotely from Utah — despite Trump’s RTO order and DOGE clampdown: sources

  6 days ago Business NY Post - Business 10

  A powerful member of the Federal Trade Commission has been working her high-profile post remotely – despite President Trump's demands that federal...