Author: franperez66q@protonmail.com

Johnson & Johnson is counting on its newly launched psoriasis pill to become its next cash cow. Investors want to know if it can live up to the hype. Icotyde went to market after the Food and Drug Administration approved it in mid-March for moderate to severe plaque psoriasis. The once-a-day drug is the first and only oral treatment targeting the same IL-23 receptor as popular injectables, including J & J’s Tremfya, which is also indicated for psoriatic arthritis, ulcerative colitis, and Crohn’s Disease. IL-23 inhibitors, which include AbbVie’s Skyrizi, are biologic medications used to treat chronic inflammatory diseases. “Icotyde…

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Sir John Major, the former prime minister, agreed with Matt Chorley on BBC Radio 5 Live, that voters wanted quick and easy answers to complicated problems. “I’m afraid we do, and that is because nobody is telling us we can’t have that,” he said. “Governments have lost the capacity, it seems, to say no. And part of the job of politics is to say, no.” Source link

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For many people who got their first cellphones in the late 1990s or early 2000s, flip phones were chrome and neon portals into pop culture and newfound social circles with your peers. Now, the digital world — a constantly accessible gateway to millions of other people, information on every subject and breaking news from around the world — feels frustratingly cluttered to a growing number of those same one-time flip-phone enthusiasts.Some Gen Zers and millennials use apps or hardware to block their access to social media, set their smartphone screens to grayscale, or purchase “dumb phones” that can’t access the…

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A truck drives past an ADNOC Gas a subsidiary of the Abu Dhabi National Oil Company facility in Abu Dhabi on March 3, 2026. Ryan Lim | AFP | Getty ImagesThe United Arab Emirates’ decision to leave OPEC and OPEC+ was based on the country’s economic vision and not on politics, the country’s energy minister said on Saturday.”This decision came following a comprehensive assessment of the national production policy and its future capabilities, and it is based solely on the national interest of the United Arab Emirates, its responsibility as a reliable energy supplier, and its unwavering commitment to maintaining…

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It was lucky No. 7 for the S & P 500 — barely. The S & P 500 rose 0.13% for the week — extending its run of weekly gains to seven in a row. It was the longest such winning streak since December 2023. Record highs on Monday, Wednesday, and Thursday were enough to offset Friday’s awful 1.24% decline. Stocks limped into the weekend after the high-stakes Beijing summit between President Donald Trump and Chinese President Xi Jinping produced few tangible wins for the United States. Soaring oil prices and rising bond yields also pressured the market. It was…

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As earnings season continues, investors have opportunities to profit off the big bounces — or avoid the pullbacks — in stocks in the wake of these quarterly reports. It’s been a volatile week. The S & P 500 rallied to a record intraday high of 7,501.24 on Thursday as the first-quarter earnings season continued to prove strong. However, the broad-market index gave up some of those gains in Friday’s session, with tech stocks falling sharply, as investors were left underwhelmed by the outcome of the U.S.-China summit. Despite these moves, Cisco shares tallied a 22% one-week gain in the wake…

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Global oil inventories are falling at a record pace to compensate for the big supply disruption in the Middle East and they will approach critical levels if the Strait of Hormuz does not reopen. Higher prices for oil and fuel are likely ahead of peak demand this summer as a consequence, the International Energy Agency warned this week in its monthly update.”Rapidly shrinking buffers amid continued disruptions, may herald future price spikes ahead,” the IEA said. The oil market has not felt the full impact of the supply loss thanks to commercial inventories held by the industry, strategic reserves controlled…

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