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  • Apr 01, 2025

Hims & Hers Health (HIMS) Stock Trades Up, Here Is Why

Shares of telehealth company Hims & Hers Health (NYSE:HIMS) jumped 12.5% in the afternoon session after the company revealed it will offer Eli Lilly's weight-loss medications (Zepbound) on its platform, marking a significant expansion beyond its previous focus on lower-cost alternatives to Novo Nordisk's Wegovy. This move positioned the company to tap into the growing demand for weight loss solutions and attract a broader customer base. The company added, "As we look ahead, we plan to continue t

  • Apr 01, 2025

Federal Workers Get Second Musk Buyout Offer

(Bloomberg) -- Federal workers at a number of agencies — including the Defense, Transportation, Agriculture and Energy departments — are getting a second chance to accept a buyout offer, the latest effort to downsize the US government spearheaded by Elon Musk.Most Read from BloombergWhat Frank Lloyd Wright Learned From the DesertLondon Clears Final Hurdle for More High-Speed Trains to EuropeMetro-North Is Faster Than Acela on NYC-New Haven Route After Signal UpdatesLocal Governments Vie for Fire

  • Apr 01, 2025

Weaker jobs signal, stronger prices highlight potential Fed dilemma

WASHINGTON (Reuters) -Lackluster new U.S. jobs data and a weak report on manufacturing highlight an emerging concern among Federal Reserve officials that employment could slip even as the risk of a tariff-driven round of inflation limits their ability to do anything about it. Data on hiring and layoffs for February showed a job market that was potentially losing steam more broadly, with a drop in job openings, a slight rise in layoffs, worker quit rates similar to those during the languid job market of the mid-2010s, and near balance in the demand for and supply of available employees. "The small signals the market is showing point to retrenchment rather than expansion," Allison Shrivastava, an economist with the Indeed Hiring Lab, wrote after the release of the job openings and layoffs data for February.

  • Apr 01, 2025

US inflation swaps price in big short-term tariff impact, flag recession risk

NEW YORK (Reuters) -Investors in financial derivatives called U.S. inflation swaps are betting that President Donald Trump's tariffs will have a hefty short-term impact on consumer prices that will recede in the next few years as recession concerns escalate. Inflation swaps are used to hedge against a rise in prices. Specifically, the receiver agrees to exchange with the payer a fixed amount for floating payments tied to the Consumer Price Index (CPI) for a given notional amount and period of time.

  • Apr 01, 2025

Wholesaler association says impending tariffs may worsen inflation

The National Association of Wholesaler-Distributors has expressed concerns over President Donald Trump’s impending tariffs – set to go into effect on Wednesday. The post Wholesaler association says impending tariffs may worsen inflation appeared first on FreightWaves.

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