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Despite inflation showing signs of easing, Fed policymakers signaled to continue raising interest rates throughout this year. In addition to hawkish comments from Fed officials, weak economic data fueled recession fears. U.S. retail sales dropped 1.1% last month, while factory production fell 0.6% for the first time since June. Amid worsening macroeconomic conditions, the World […]

The pharmaceutical industry was in the limelight during the pandemic as it came up with therapies and vaccines. The industry has seen significant growth across multiple areas over the past few years, aided by research and development. The industry’s growth is expected to be driven by a rapidly aging population and the rise of various

The latest Consumer Price Index (CPI) report revealed that inflation declined for the sixth consecutive month. After increasing 7.1% in November and 7.7% in October, inflation cooled in December to 6.5% compared with a year earlier. While inflation eased significantly, it continues to hover near a 40-year high and is way above the Federal Reserve’s

Despite logistic difficulties, the fertilizers industry is expected to witness growth due to its steady demand in agricultural production. The worldwide fertilizer market is projected to expand significantly as population growth drives food demand. In addition, the  U.S. Department of Agriculture will shortly begin accepting public comments on the environmental and associated aspects of 21

ADT Inc. (ADT) provides security, interactive, and innovative home solutions to serve residential, small business, and commercial customers in the United States. Its segments include Consumer and Small Business (CSB); Commercial; and ADT Solar business (Solar). On October 13, 2022, ADT announced that it had issued and sold in a private placement to State Farm

Software-as-a-Services (SaaS) stock DocuSign, Inc. (DOCU) surpassed revenue estimates by $18.08 million for its latest reported quarter. However, it has lost 57.5% over the past year and 15.7% over the past six months to close the last trading session at $53.99. Moreover, the tech and software industries has been suffering from mass layoffs amid economic

The agriculture industry faced headwinds from record food prices in 2022. Although interest rate hikes have somewhat eased price pressures, the Russia-Ukraine war, supply tensions, and material costs could keep food prices high. Given the volatile economic environment, USDA announced major program improvements, progress, and investments to support the agriculture sector and benefit American farmers,

Microsoft Corporation (MSFT) has successfully transitioned to cloud computing from its past focus on data centers and packaged software. For the fiscal 2023 first quarter ended September 30, 2022, the company reported revenue of $50.12 billion, up 11% year-over-year, primarily driven by growth in Intelligent Cloud and Productivity and Business Processes. The company’s Intelligent Cloud

Last year was challenging for tech stocks due to various macroeconomic headwinds, including multi-decade high inflation, the Fed’s aggressive rate hikes, and geopolitical instability owing to Russia’s invasion of Ukraine. The tech-heavy Nasdaq Composite lost more than 25% over the past year. However, with inflation showing signs of cooling recently, the Fed is expected to

The biotech industry has thrived amid the pandemic. Moreover, the National Biotechnology and Biomanufacturing Initiative of the Biden-Harris Administration is expected to fuel the industry’s future expansion. Additionally, biotechnologies are becoming essential for meeting all nations’ basic needs, such as providing for their populations’ food, fuel, and medical conditions, safeguarding the environment, and producing the