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As the dust settles following the U.S. Food and Drug Administration’s (FDA) recent regulations targeting compounding pharmacies, the landscape of weight-loss drugs like Eli Lilly’s Zepbound and diabetes medications such as Mounjaro appears murkier than ever. A striking fact remains: many compounding pharmacies continue to produce versions of these drugs even as the FDA has
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In a striking legal showdown, a federal judge has intervened to halt the Trump administration’s Department of Government Efficiency (DOGE) from delving into sensitive personal data managed by the Social Security Administration (SSA). This ruling underscores the growing tension between governance and personal privacy, particularly when it involves entities with unconventional ties, like Tesla’s CEO
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The construction industry is at a crossroads, grappling with a perfect storm of rising costs and increasing uncertainty. As tariffs imposed by the Trump administration loom large, construction contractors are already prepping for what could be a daunting financial blow. A report from prominent industry voices like Jon Paul Pérez, CEO of Related Group, reveals
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In a realm where innovation thrives on optimism, Jensen Huang’s recent remarks at Nvidia’s inaugural “Quantum Day” event have unexpectedly plunged sentiment surrounding quantum computing into disarray. Rather than instilling the confidence needed to propel investments in this burgeoning field, Huang unwittingly orchestrated a wave of panic that rippled through the stock market. His attempt
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Accenture, once a beacon of growth within the consulting industry, is now facing a stark reality. Shares plummeted nearly 8% in a single day following revelations that the company’s reliance on federal contracts is increasingly perilous. Chief Executive Officer Julie Spellman Sweet’s admission during the earnings call highlighted the gravity of the situation: approximately 8%
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Jeffrey Gundlach, the CEO of DoubleLine Capital and often regarded as a fixed-income oracle, recently painted a bleak picture for investors. In his latest communication, he articulated a concerning view that economic volatility is not just a minor threat but a sizeable risk that could tip the economy into recession. Gundlach’s assertion of a 60%
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