Samsung Biologics Launches 1.8 Billion Dollar Bid for Swiss Peptide Maker PolyPeptide
The largest M&A deal by a Korean biotech company positions Samsung to capitalize on the booming GLP-1 obesity drug market.
San Francisco Fed Warns Inflation Remains Well Above Target as Rate Hike Looms
The latest FedViews report shows PCE inflation at 4.1 percent, with markets now pricing in interest rate increases for the second half of 2026.
Red Sox Tie Second-Longest Winning Streak in Franchise History With 13th Straight Victory
Boston sweeps the Rays and matches the 1948 team with a run not seen since the Ted Williams era, vaulting into wild card contention.
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Business
Eli Lilly Enters Psychedelic Drug Race With 2.8 Billion Dollar AtaiBeckley Acquisition
Pharma giant acquires DMT-based treatment developer to challenge growing psychedelic therapy market for treatment-resistant depression.
Economy
Kansas City Fed President Schmid Warns Inflation Still Too Hot for Too Long
Federal Reserve voting member Jeff Schmid says strong demand continues driving price increases, pushing back against optimism that rate cuts are imminent.
Sports
Red Sox Extend Historic Winning Streak to 12 Games With Thrilling Comeback Over Rays
Boston rallies from three-run deficit in seventh inning behind Wilyer Abreu's two home runs to claim longest franchise winning streak since 1948.
Business
AI Agent Startups Raise 1.8 Billion Dollars in July as Venture Capital Bets Big on Autonomous Work
AI agent startups attracted .8 billion in funding in July 2026 alone, with enterprise automation and developer tools leading the charge as investors bet on the future of autonomous work.
Economy
Home Prices Hit All-Time Record as Sales Fall: The American Housing Paradox Deepens
Existing home sales dropped 2.4% in June even as the median price reached a record 40,600, highlighting the affordability crisis squeezing American homebuyers.