AstraZeneca stock drops 9% after heart drug trial miss deals rare blow to pharma powerhouse
Shares of AstraZeneca fell as much as 9% after a late-stage clinical trial for a heart disease drug failed to meet its target, with analysts saying the bigger issue may be investors' trust in the company rather than the loss of a few extra billion in sales.
AI Policy Questions That Congressional Lawmakers Should Know And Be Prepared To Discuss
Congressional lawmakers need to be ready to discuss the top AI policy questions of our times. getty
In today’s column, I examine crucial AI policy questions that congressional lawmakers ought to be readily familiar with and be ready to discuss. These AI policy questions apply to the interests and considerations of all members of Congress. I say that because concerns about AI previously were primarily confined to lawmakers from tech-related constituencies, but that’s not the case anymore. AI was likely to be narrowly pertinent to congressional members from tech-oriented locations or who had a tech-related background.
Fed Minutes Signal No Interest Rate Cuts Until 2027—As Renewed Iran Conflict Spikes Rate Hike Odds
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A divided Federal Reserve does not anticipate an interest rate cut before early 2027, according to minutes from the Federal Open Market Committee’s June meeting released Wednesday, as a renewed conflict in the Middle East pushed odds of a rate hike by September to nearly 70%.
Central Banks Are Joining The AI Bubble Debate
Digital dollar concepts. 3D render getty
The Bank of England is paying close attention to potential risks of AI on markets in a recent policy meeting. The central bank, which is responsible for keeping economic markets stable, is now asking what happens when AI shares drop causing leveraged investors to run for the door, in turn causing debt backed by data center dreams to sour, and scenarios in which frontier models make cyber attacks faster than banks can patch their systems. This is pointing to AI playing a much bigger role in economic planning than other technology waves have in the past.
When Employees Start Working For The Metrics Instead Of The Mission
When Employees Start Working For The Metric Instead Of The Mission getty
I never loved taking statistics courses in school, and yet somehow that education influenced me more than I ever expected. I now find myself trying to quantify things I never used to think about. There is tremendous value in being able to predict performance, and many of the tools organizations use help leaders improve results. They rely on performance metrics to evaluate everything from customer satisfaction to productivity. Used well, those metrics help identify problems, reveal opportunities, and support better decisions. Used poorly, they can produce exactly the opposite of what leaders intended. The moment employees understand how their performance will be measured, many begin adjusting their behavior to improve the metric rather than the outcome the metric was designed to represent. I saw that often in sales, where employees had minimum phone time requirements. People worked hard to reach those goals, but at what cost? Did the organization really need more time on the phone, or did it need better conversations that led to more sales?
Fed officials were split on direction of interest rates at last meeting, minutes show
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Federal Reserve officials were split last month about the future of interest rates, with policymakers entertaining scenarios in either direction, according to meeting minutes released Wednesday.
Trump loses latest appeals court bid to restore his name to Kennedy Center
Scaffolding and tarp covers the building name at the the John F. Kennedy Center for the Performing Arts in Washington, June 15, 2026.
Al Drago | The Washington Post | Getty Images
Summer break looked different for each of my children. That's what made it work.
Summer break looked different for each of my children. That's what made it work.
Essay by
Susan Solomon Yem
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