World

Biogen will discontinue development of its controversial drug Aduhelm so it can shift efforts to other drugs, including Leqembi, which it developed with Eisai.

World health officials are warnings that the shortage of diabetes and weight loss-related drugs, which are in high demand, are creating a rise in counterfeit versions.

Novo Nordisk says it Is gradually ramping up supply of its sought-after drug Wegovy. However, the company is still warning patients demand will still outpace supply overall.

The International Monetary Fund said Tuesday that the global economy is likely to stick a "soft landing" in 2024, but warned of potential turbulence ahead.

The Biden administration's pause on new liquefied natural gas (LNG) export permits prompted pushback from leading business groups in the U.S., Europe and Japan.

Sen. Elizabeth Warren and three other Democratic senators wrote to Fed Chair Jerome Powell to call for the Fed to cut interest rates this year to ease housing prices.

FIRST ON FOX: A dozen state departments of agriculture are pressuring six of the nation's top banks to reveal information about their net-zero ambitions.

Freight levels through the Suez Canal have plummeted by 45% since Iran-backed Houthi militants began attacking vessels in the Red Sea, risking higher inflation and food insecurity.

China is warning Iran to get attacks by the Iranian-back Houthis on ships in the Red Sea under control or else it could harm their trade partnership.

The Federal Reserve has always been a political entity. And Fed Chairman Jerome Powell knows if he wants to keep his job he will have to play politics this election year.

The U.S. and the U.K. announced sanctions targeting four senior Houthi officials amid ongoing attacks by the rebel group in the Red Sea.

British billionaire and Tottenham Hotspur owner Joe Lewis pleaded guilty to insider trading charges. He passed inside information to several associates, including two private pilots.

Real GDP increased at an annual rate of 3.3% for the October-through-December period after rising 4.9% in the third quarter of 2023, according to the BEA's advance estimate released Thursday.

Global shipping rates are rising rapidly after several months of attacks by Yemen's Houthi militants in the Red Sea, a key waterway for global trade.

Amazon-owned company Ring will no longer allow law enforcement to contact users on the products' Neighbors app, according to an announcement from the company's general manager.

Manhattan District Attorney Alvin Bragg calls for leading digital payment apps, including Venmo, Zelle and Cash App, to strengthen user's security safeguards amid an uptick in crime.

Tesla CEO Elon Musk told investors that Chinese electric vehicle makers are poised to "demolish" their competitors globally without trade barriers or tariffs.

The CDC says the number of overdose deaths from fake prescription drugs has been rising since 2019. Some businesses are using artificial intelligence to identify counterfeit drugs.

Indian tech CEO Sanjay Shah fell to his death during an elaborate on-stage company celebration this weekend.

Russia jumped ahead of Saudi Arabia to become China's top crude oil supplier in 2023 as the world's biggest oil importer bought vast quantities of discounted oil defying Western sanctions