Germany's Merck buys Silence Therapeutics for $1.3 billion
Germany's Merck buys Silence Therapeutics for $1.3 billion
Germany's Merck buys Silence Therapeutics for $1.3 billion
By Catherine Morrison At a media event with Toronto Mayor Olivia Chow on Wednesday, Prime Minister Mark Carney said the federal government will be investing the funds over the next three years. He said more than 5,600 new rental homes will be built with the money and that at least 1,800 of them will be…
“The FOMC’s decision to hold the federal funds target at its current level, coupled with the three dissents at this meeting, with each of these dissenting members preferring to hike rates now, indicates that the Fed is likely moving into a hiking cycle soon,” Fratantoni told Mortgage Professional America. “Markets are now expecting they could…
Key insight: Analyzing retirees’ cash flow is one way advisors can help make them more confident in spending their savings. Expert quote: “It’s such a tough conversation for me to have with them because I’m like, ‘You can afford 100 of those vacations in a year,’ but they don’t think that way.” — Alicia Fuller,…
Foreclosure inquiries have increased for the third consecutive quarter, reaching their highest point since March 2020, according to LegalShield data. Historically, actual foreclosure filings tend to follow this index by one to two quarters. LegalShield attributes this rise to the conclusion of pandemic-related Federal Housing Administration (FHA) relief programs last fall. Borrowers who lost these…
A policyholder calls her insurance agency to ask what she owes. An artificial intelligence (AI) agent answers, pulls the balance and logs the call in the carrier’s core system, with no employee on the line. Interactions like that have given insurance agencies and carriers back more than 100 million minutes, Liberate, a provider of AI…
Key Points SoFi’s product innovation is likely a big driver of its customer additions and revenue growth. Although credit risk is always present for banks, this company’s booming profitability should alleviate investor concerns. At a forward price-to-earnings ratio of 21, SoFi shares are just slightly more expensive than the S&P 500 index. 10 stocks we…