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Eli Lilly will file for approval of retatrutide obesity drug in 2027

TazaPulseJuly 23, 2026

The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025. Mike Blake | Reuters Eli Lilly on Thursday said it will file for approval of its next-generation obesity drug in the first quarter of 2027, as the treatment succeeds in two more late-stage trials. The pharmaceutical giant previously said...

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IRS chief Frank Bisignano may have misled Congress, Democrats say

TazaPulseJuly 23, 2026

Frank Bisignano, Commissioner of the Social Security Administration and former chairman and CEO of Fiserv, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 12, 2025. Brendan McDermid | Reuters Internal Revenue Service chief Frank Bisignano may have lied to Congress about...

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Tesla, Alphabet stock falls as AI spending concerns spook investors

TazaPulseJuly 23, 2026

SpaceX, Tesla and X CEO Elon Musk (R) and Google CEO Sundar Pichai attend the presidential inauguration of Donald Trump at the Rotunda of the US Capitol in Washington, on January 20, 2025. Trump takes office for his second non-consecutive term as the 47th president of the United States. Kevin Lamarque | Afp | Getty...

Alphabet, Tesla test investor patience AI spending overshadows growth

TazaPulseJuly 23, 2026

(L-R) Google CEO Sundar Pichai speaks and Tesla and SpaceX CEO Elon Musk arrive for the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via Reuters When Alphabet and Tesla kicked off tech earnings season...

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Southwest Airlines (LUV) 2Q 2026 earnings

TazaPulseJuly 23, 2026

Southwest Airlines Boeing 737 airplanes park at Hobby Airport during an afternoon rainstorm on May 27, 2026 in Houston, Texas. Kevin Carter | Getty Images News | Getty Images Southwest Airlines reported a more than 9% increase in second-quarter profit from last year as higher fares are increasingly helping the airline cover its fuel tab,...

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Amazon lays off some employees in its AGI unit

TazaPulseJuly 22, 2026

Andy Jassy, chief executive officer of Amazon.com Inc., speaks during an unveiling event in New York, US, on Wednesday, Feb. 26, 2025. Jassy said Amazon is in the process of building over 100 generative artificial intelligence (AI) features. Michael Nagle | Bloomberg | Getty Images Amazon is laying off some employees in its unit focused...

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Congressional stock trading curb due to get House vote

TazaPulseJuly 22, 2026

The U.S. House is due to take up legislation Wednesday afternoon that would stop members of Congress from buying individual stocks while in office, potentially taking the first meaningful action on an issue that has dogged lawmakers for years. There is broad public support for a ban on members of Congress trading while in office,...

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Mortgage rates are rising again

TazaPulseJuly 22, 2026

A “Coming Soon” sign outside a home for sale in Hercules, California, US, on Wednesday, June 17, 2026. David Paul Morris | Bloomberg | Getty Images Mortgage rates continued their climb last week, but homebuyers trickled back into the market, perhaps taking advantage of less competition and some price cuts. That helped push total mortgage...

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The Fed rang the alarm about Anthropic’s Mythos AI — but went without it

TazaPulseJuly 22, 2026

Federal Reserve Chairman Kevin Warsh testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled “The Semiannual Monetary Policy Report to the Congress,” in Dirksen building on Wednesday, July 15, 2026. Tom Williams | Cq-roll Call, Inc. | Getty Images In April, the Federal Reserve and Treasury Department convened an extraordinary meeting with...

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Super Micro surges on new order disclosure after SpaceX announcement

TazaPulseJuly 22, 2026

Super Micro Computer CEO Charles Liang speaks at the Raise summit in Paris on July 8, 2025. Nathan Laine | Bloomberg | Getty Images Shares of Super Micro Computer jumped 15% after the server maker said Tuesday it now sees higher margins than previously projected for the June quarter, with a surge in new orders....