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Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era

Ray Dalio says Kevin Warsh shouldn’t cut interest rates in a ‘stagflation’ era

Billionaire investor Ray Dalio warned that the U.S. economy has slipped into a stagflationary environment and said it would be a mistake for potential Federal Reserve chair successor Kevin Warsh to lower interest rates. The founder of Bridgewater Associates said persistent inflation pressures alongside slowing growth create a backdrop that demands caution from policymakers. “We…

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Lp(a) drugs from Novartis, Amgen and Eli Lilly aim to prevent heart attacks

Lp(a) drugs from Novartis, Amgen and Eli Lilly aim to prevent heart attacks

Pharma thinks it’s found the next frontier in preventing heart attacks.  Novartis, Amgen and Eli Lilly are among the drugmakers betting that slashing levels of a particularly bad form of cholesterol could deliver the next blockbusters in cardiology. All three of the pharmaceutical giants are in late-stage trials to test whether drugs that cut Lp(a)…

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Summer Movie Preview: Nolan, Spider-Man and ‘Toy Story’ light up the cinemas

Summer Movie Preview: Nolan, Spider-Man and ‘Toy Story’ light up the cinemas

The movies always feel bigger in the summer. The budgets. The ambition. The names. The stakes. This summer, Hollywood has many of the regulars on the lineup: “Spider-Man,” “Minions,” “Star Wars” and “Toy Story.” But the most eagerly anticipated is not a superhero, toy, or franchise: It’s a 3,000-year-old epic poem. For filmmaker Christopher Nolan,…

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