Moderna’s Shift to Cancer Company Lifts Stock Up 177%

Inflation deterring shoppers from spending, especially in the US, says sportswear fashion chain Sports fashion retailer JD has slashed its profit forecasts as cost-of-living pressures, fuelled by the US war on Iran, weighed on sales of trainers. JD Sports, which sells a range of sports brands including Nike and Adidas, said widespread inflation had hit shoppers’ wallets, resulting in falling sales across important markets such as the US, where it struggled to quickly shift trainers and other footwear...

Americans are backing progressives not because they want socialism, but because they want candidates who will fight for the working class Most discussions about the Democratic party in this election cycle focus on the remarkable rise of progressive Democrats, such as the Florida state representative Angie Nixon, a democratic socialist who scored an upset win in the Democratic US Senate primary on Tuesday. But an equally big story is the remarkable decline of corporate Democrats...

Many people don't pay attention to bond markets, but they should — especially now. This is why they matter and why the drop in bond prices is signaling investor concerns about the U.S. economy.