GLOBAL ECONOMY

The pharmaceutical company Pfizer has set explicit goals to fill a specific percentage of leadership positions with Black and Hispanic candidates by the year 2025 in the name of fighting "systemic racism."

A federal bankruptcy judge has signed off on OxyContin maker Purdue Pharma's plan to settle billions in lawsuits over the opioid crisis.

Countries around the world are putting restrictions on American travelers as the highly transmissible delta variant of the coronavirus continues to spread.

Despite more than seven months in office, President Biden has still not gotten a permanent head of the Food and Drug Administration installed.

Chairman of the Securities and Exchange Commission Gary Gensler argued on Thursday that the cryptocurrency “field is not going to reach any of its potential if it tries to stay outside of our laws.”

A member of the Sackler family that owns OxyContin maker Purdue Pharma says the billionaires will not agree to a settlement unless it includes liability protections for the heirs against waves of lawsuits over the opioid crisis.

The European Central Bank is likely to announce long-awaited plans to reduce its pandemic-related asset purchases in the next quarter, according to a Reuters poll of economists, most of whom expected the programme to be wrapped up by the end of March.

New Zealand's central bank is expected this week to become the first in Asia-Pacific to raise interest rates since the pandemic began, amid concerns crisis-era stimulus is overheating the economy.

Nearly three dozen of the nation’s most influential business groups — representing retailers, chip makers, farmers and others — are calling on the Biden administration to restart negotiations with China and cut tariffs on imports, saying they are a drag on the U.S. economy.

The coronavirus pandemic and global lockdowns has driven up construction costs around the world due to increased demand and constrained supply.

Republican Sen. Pat Toomey is demanding answers about reports that the Consumer Financial Protection Bureau forced out career civil servants in favor of President Biden loyalists.

A space-transportation company trying to go public didn’t tell potential investors that its satellite-hauling technology failed, that it lost contact with a satellite in space and that its Russian founder had been deemed a national-security risk by the U.S. government, the Securities and Exchange Commission said.

A Japanese company has started human trials of the first once-a-day pill for Covid-19 patients, joining Pfizer Inc. and Merck & Co. in the race to find treatments for the disease.

Jordan Belfort, the former stockbroker and subject of the 2013 hit “Wolf of Wall Street,” argued that Tesla CEO Elon Musk may not need to "pump and dump" cryptocurrencies, however, other people "pump and dump" around the “hype” the celebrity creates.

Alex Sanchez reacts to politicians in Washington blaming banks for economic consequences of overdraft fees.

JP Morgan Chase and Goldman Sachs are the first two major U.S. banks set to release second quarter earnings this week.

The Coast Guard cautioned cargo and commercial vessels that they should depart Florida ports ahead of Tropical Storm Elsa, which is set to make landfall in the next 24 hours.

The push to establish a global minimum tax – backed by President Biden – has support from 130 countries and territories, according to the Organization for Cooperation and Economic Development.

The parents of a 16-year-old boy who died from a fentanyl overdose have started a petition calling on social media apps like TikTok and Snapchat to change their policies.

The Securities and Exchange Commission is drafting a proposal that would restrict plans that corporate insiders use to avoid insider-trading claims when buying or selling their own company’s stock.