There were about half a million fewer job openings in May than the previous month, providing at least a modest sign that the ultra-tight labor market could be loosening a bit, the Labor Department reported Thursday. The closely watched Job Openings and Labor Turnover Survey showed that listings fell to […]

Home affordability took another hit this week as mortgage rates neared 7%, forcing many buyers to stick to the sidelines. The rate on the 30-year fixed mortgage increased to 6.81% from 6.71% the week prior, according to Freddie Mac, the highest level in 2023 and since November. Rates followed an […]

Geron Corporation (NASDAQ: GERN) submitted a marketing application with the FDA seeking approval for imetelstat for the treatment of transfusion-dependent anemia in adult patients with low- to intermediate-1 risk myelodysplastic syndromes who have failed to respond or have lost response to or are ineligible for erythropoiesis-stimulating agents. The submission is based […]

Peter Lynch never said to invest in the stock market. The legendary former Fidelity Magellan fund manager and author of the pioneering book on investing “One Up On Wall Street,” which will celebrate its 35th anniversary next year, drove home that point in a conversation with Yahoo Finance as we […]

Chinese online entertainment platform Bilibili was worth $54bn two years ago, as Wall Street investors rushed to bet on the rising tech giant.  Today, the Nasdaq-listed group’s market capitalisation has fallen to about $6.5bn, a collapse that has brought forward debt repayments that threaten to sap its remaining cash, leading […]