An aging population is drawing workers to medical and social care, creating reliable jobs and revealing weakness for the rest of the economy.

Economists say estimates from the Bureau of Labor Statistics and other agencies are reliable, but they worry the quality of data is eroding.

The average price of a gallon of gasoline jumped again on Friday, to $3.32 per gallon, hitting its highest level in a year and a half.

India’s trade deal with President Trump was supposed to end its imports of oil from Russia. But the war in Iran has cut off alternative supplies from the Middle East.

ExThera attracted cancer patients to Antigua with the promise that its devices could cure them. Its former chief regulatory officer faces up to three years in prison.

“No permission was granted for the use of our intellectual property,” the company said. The Trump administration frequently promotes policies with content from video games.

A provision in a piece of Senate legislation is rattling a powerful homebuilder organization.  The National Association of Home Builders came out against a provision in the Senate’s ROAD to Housing Act, Bloomberg reported. It’s unclear if that opposition will have a material impact on the bill’s prospects, as it cleared a procedural hurdle on Wednesday with a 90-8 vote. The provision is attached to President Donald Trump’s push to ban institutional investors from the single-family housing market. The ban was added to the Senate’s bill at the behest of the White House, according to Sen. Tim Scott. Trump’s executive […]

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U.S. private equity firm TPG has triggered a second one-year extension on the loan secured against a €310M (£270M) portfolio of European life sciences properties, and it bought a significant portfolio in the medical real estate sector.
The maturity of a €189M senior loan has been extended to February 2027, a notice to investors who had bought CMBS bonds secured against the loan were told earlier this week. That is the last time the loan can be extended without bondholder consent. 
There is also a €76M junior loan secured against the portfolio. The loans were first extended in 2022, at which point the…

Several of Labor Secretary Lori Chavez-DeRemer’s employees are under investigation for official misconduct under her leadership.

Oil futures are at their highest level since July 2024. The S&P 500 is now in negative territory for the year.