GLOBAL ECONOMY

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.

The Belmont Stakes, one of the country’s oldest horse racing events, usually draws a crowd in excess of 100,000, has an economic impact on Long Island of more than $10 million and is the last jewel in the quest for thoroughbred racing’s Triple Crown. The 2021 edition will have none of those on Saturday.

Booze drinkers along with restaurant and bar owners face steep prices as a trade war continues between the United States and European Union. But it’s not as bad as it could have been.

A recent lawsuit over THC-laced edibles and packaging raises the question whether cannabis companies are aiming to draw in adolescents as a possible market.

An organization working to lower prescription drug prices is launching a seven-figure ad blitz that spotlights patients calling on members of Congress "to keep their promises" by supporting a drug pricing reform bill that would give Medicare the power to negotiate "lower prices for all Americans."

A possible new coronavirus vaccine candidate produced by Sanofi and GSK (GlaxoSmithKline) that uses the human body’s own antigens to neutralize antibody responses for people who have already recovered from the illness, has completed Phase 2 trials, the companies said Monday.

Buck -- the ranking member of the antitrust subcommittee in the House -- sent a letter exclusively obtained by Fox News to FTC acting chair Rebecca Slaughter on Friday raising concerns that the social media giant is using its 2019 settlement to “stifle” advertising analytics competitors.

The U.S. trade deficit surged to a record $74.4 billion in March as an improving U.S. economy drove purchases of imported foreign goods.

"Given the importance of the Chinese market to our near-term delivery profile, as well as future orders which influence future production rates, we will continue to engage with leaders in both countries to urge a productive dialogue, reiterating the mutual economic benefits of a strong and prosperous aerospace industry," Calhoun told analysts on the Boeing's first quarter earnings call. "China represents 25% of the global growth in our industry over the next decade."

The NBA will participate in an international trade expo in South China this year as the league and Communist leaders look to rebuild ties following a pro-democracy tweet from a team executive that outraged Beijing, according to Chinese state media.