Kevin McCarthy finally got the speakership earlier this morning, but not before a weeklong slog that saw flared tempers, animated huddles and, in the penultimate drama before his moment of victory, a near-brawl. Inside the chamber, many reporters in the press gallery had risen from their seats once McCarthy walked down the center aisle to converse with Rep. Matt Gaetz […]

Consumption and infrastructure investments are expected to show a strong recovery as the economy bounces back from two years of the Covid-19 pandemic, the first Advance Estimates of gross domestic product (GDP) for the current fiscal year (FY23) showed on Friday. Analysts, however, warned that broad-based recovery is still some time away. In nominal terms, private final consumption expenditure (PFCE), […]

Car prices spiked well over a year ago. First, it was new car prices because the pandemic locked up the supply chain. Then, as new car prices rose, people turned to used cars for savings. That pushed their prices higher. Fortunately, there is an analysis of which used cars offer the best value based on longevity. The list is topped […]

Genentech, a member of Swiss drug major Roche Group (RHHBY), announced Friday that the U.S. Food and Drug Administration has accepted its Biologics License Application or BLA and granted Priority Review for glofitamab to treat people with relapsed or refractory large B-Cell lymphoma. Glofitamab is an investigational CD20xCD3 T-cell engaging bispecific antibody, for the treatment of adult patients with relapsed […]

Ohio State Murders, the play starring Audra McDonald that made history by being the first Broadway production of acclaimed 91-year-old playwright Adrienne Kennedy, will play its final performance on Sunday, January 15. Though generally well-reviewed, Ohio State Murders has struggled at the box office, grossing just $311,893 for nine-performances during Broadway’s generally lucrative New Year’s week. Attendance for the week, […]

The United Nations agency focusing on responsible tourism has published its annual list of “best” rural villages around the world. The World Tourism Organization (UNWTO) named 32 destinations as “Best Tourism Villages 2022.” Different from the usual lists of the world’s best tourist destinations, UNWTO recognizes rural destinations that are embracing tourism as a driver of development and new opportunities […]

After decades on the 16th Street Mall, two chains are calling it quits. The McDonald’s restaurant at the corner of 16th and Cleveland Place closed at 4 p.m. on Dec. 31, according to a sign posted on its door. And five blocks away, the T.J. Maxx store at 16th and California will close Jan. 14. Neither company provided reasons for the […]

Stocks showed a lack of direction in early trading on Wednesday but moved sharply lower over the course of the session. With the steep drop on the day, the tech-heavy Nasdaq ended the session at its lowest closing level in over two years. The major averages finished the session just off their worst levels of the day. While the Nasdaq […]