Summers Warns Fed on 1970s-Style Mistake With CPI Set to Slow

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Breadcrumb Trail Links PMN Business Former Treasury Secretary Lawrence Summers said he’s concerned that a slowing in headline inflation in upcoming data will prompt the Federal Reserve to conclude its policies are working, when much more action is in fact needed. Author of the article: Bloomberg News Christopher Anstey ivfia)s47){ihg6xzrc]k0fn_media_dl_1.png Bloomberg RSS Article content (Bloomberg) … Read more

Fake meat fail? Beyond Meat reels as sales slow, stock drops and partnerships don’t pan out

Multiple industry analysts are sounding warning bells of impending disaster as the company comes off a $100 million net loss in May. Pictured above, the company's stock price over the last year

Plant-based Beyond Meat is facing major headwinds – despite curiosity from some people looking for a meat alternative amid the Covid pandemic’s meat packing plant shutdowns. Multiple industry analysts are sounding warning bells of impending disaster as the company comes off a $100 million net loss in May and sees multi-year partnerships with brands like … Read more

New drugs to slow Alzheimer’s disease have failed. Scientists are now shifting their focus to new targets.

As yet another Alzheimer’s drug targeting plaque buildup in the brain fails to improve cognition in patients, leading scientists said a significant shift is underway in the search for effective treatments for the disease. The new direction in Alzheimer’s research — away from focusing solely on beta-amyloid plaques to other potential causes, including brain inflammation … Read more

Stretching, range of motion and aerobic exercise all slow cognitive decline, study says

“My worry in the beginning of the study was ‘What if only aerobic makes a difference? Good luck getting the majority of Americans to do aerobic exercise on a regular basis!’ It’s not sustainable,” said study author Laura Baker, a professor of gerontology and geriatric medicine at Wake Forest University School of Medicine in Winston-Salem, … Read more

Slow response to monkeypox exposes ‘tired, overworked’ US health agencies

A “slow and bureaucratic” response that has seen monkeypox spread rapidly across the US – with more than a thousand cases in New York City alone – reveals just how badly battered local health agencies have been since the Covid pandemic, advocates have said. Once a rare African virus, monkeypox has taken hold amid the … Read more

Niners training camp 2022: Bump in road at practice won’t slow Trey Lance’s roll, plus Deebo deal on horizon

SANTA CLARA, Calif. — The Niners said there’ll be days like this. There’ll be days like this, the Niners said. Second-year quarterback and freshly named starter Trey Lance had a difficult day at San Francisco training camp Friday morning, but no one here is pressing the panic button just yet. “There’s always going to be … Read more

Eidos Montreal founder slams decline of Square Enix’s Western studios as “train wreck in slow motion”

Stephane D’Astous, founder and former boss of Deus Ex developer Eidos Montreal, has described Square Enix’s handling of its Western studios as a “train wreck in slow motion” in an explosive new interview. Speaking to, D’Astous criticised Square Enix’s past management of its various Western studios and suggested the recent sale of Eidos Montreal … Read more

Square Enix’s Western studios were a “train wreck in slow motion”

Share this article Companies in this article On May 2, 2022, Stephane D’Astous began receiving emails and phone calls from former employees. The shared tone was a request for advice and perspective: What’s happening? Is it a good sign, or should we be worried? These messages, of course, referred to the shock news that Square … Read more

Slow uptake of Pfizer’s Covid drug hints at end to sales boom

Sales of Pfizer’s antiviral drug Paxlovid have leapfrogged a rival pill developed by Merck and now dominate the Covid-19 treatments market, but slower than expected patient uptake could dent sales over the next six months and beyond. Airfinity, a health data analytics group, said recent data showed the whirlwind pace of new supply deals Pfizer … Read more