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Insider MonkeyThe Most Fashionable City in the US
We recently compiled a list of the 27 Most Fashionable Cities in the US and in this article we will talk about the most fashionable city in the US. The Economic Powerhouse of Fashion: A Deep Dive into the US Market and Global Trends The global fashion industry is a massive economic force, generating an […]
ReutersAsia shares eye five-month winning streak; yen buckles under dollar strength
Asian stocks were headed for a fifth straight month of gains on Friday, bolstered by the growing view that cooling inflation in the United States would allow the Federal Reserve to ease rates later this year. Friday is packed with risk events for markets after a relatively subdued rest of the week, with U.S. Democratic President Joe Biden and his Republican rival Donald Trump set to take the stage at 0100 GMT for their first debate of the year ahead of November's U.S. presidential elections. On the data front, figures for May's U.S. core personal consumption expenditures (PCE) price index - the Fed's preferred measure of inflation - are due later on Friday, and could offer further clarity on the U.S. rate outlook.
ReutersEisai and Biogen launch Alzheimer's drug Leqembi in China
Leqembi, which works by removing a toxic protein called beta amyloid from the brain, is the first Alzheimer's treatment proven to alter the course of the fatal, brain-wasting disease. Eisai has also collaborated with a major Chinese medical insurance firm to plan partial coverage of the drug cost, the companies said without naming the insurer. China approved the treatment in January after a standard approval from the U.S. Food and Drug Administration last July.
