Regeneron reaches deal with Trump administration to lower drug prices and avoid planned tariffs. CEO Leonard Schleifer says the company aims to balance industry support with drug affordability.

US consumer sentiment drops to record low in April as economic concerns over Iran war intensify. The decline reflects growing anxiety among households regarding the broader financial fallout from the ongoing conflict.

US consumer sentiment declined in April to a record low, with reports citing concerns over the economic impact of the war involving Iran.

Shipping firms pay up to $4 million for Panama Canal transit slots amid ongoing disruptions in the Strait of Hormuz. The surge in costs reflects broader volatility in global maritime logistics.

Businesses are paying up to $4 million in fees to secure transit through the Panama Canal as global shipping routes face disruptions linked to the Strait of Hormuz.

White House expresses confidence in swift Senate confirmation of Kevin Warsh as next Federal Reserve Chairman.

The White House expressed confidence that the Senate will move quickly to confirm Kevin Warsh as the next Chairman of the Federal Reserve.

UPDATE: The Trump administration maintains confidence in U.S. munitions stockpiles after over a month of conflict with Iran, despite ongoing questions regarding long-term supply chain sustainability.

The Trump administration is expressing confidence in U.S. military munitions reserves following more than a month of conflict with Iran, though concerns regarding long-term supply sustainability persist.