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Intelligence for the New World Economy

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Intelligence for the New World Economy
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US approves new Eli Lilly GLP-1 pill

The drug, which will be sold under the brand name Foundayo, will compete with the pill version of Novo Nordisk’s Wegovy.
A hoarding of Eli Lilly on a building in Gurugram, India,Bhawika Chhabra/Reuters

SpaceX prepares to go public

The Elon Musk-founded rocket and satellite maker is aiming to hit the stock market in June.
SpaceX’s rocket, as the company prepares to file for an initial public offering (IPO), in Starbase, Texas, Gabriel V. Cardenas/Reuters

Global markets buoyed on prospect of war’s end

US President Donald Trump said the Iran war could end in “two or three weeks,” while Tehran also expressed willingness to stop the conflict.
A photo showing an Asian stock rally. Kim Kyung-Hoon/File Photo/Reuters

Global dealmaking sees strong 2026 start

The 20% year-on-year increase in transaction values resulted in the largest first-quarter haul on record, Bloomberg reported.
People walk along Wall Street near the New York Stock ExchangeBrendan McDermid/Reuters

Musk lawsuits reassigned on judge bias allegations

Three lawsuits involving Elon Musk will be reassigned after the presiding judge appeared to endorse a LinkedIn post critical of the billionaire.
Elon Musk.Daniel Cole/Reuters

Trump administration eyes 401(k) rule change for private credit fix

The Trump administration is offering private credit a way out of its problems.
The U.S. Department of Labor headquarters in Washington, D.CDaniel Becerril/Reuters

The crisis will arrive slowly, then all at once

World leaders are doomscrolling. Why aren’t investors?

Are tiny homes the cure for America’s housing woes?

“We love it as an asset class,” says the CEO of the prefab homebuilder that spun out of Airbnb.

Bonds rise as traders fear war will trigger economic slowdown

Government bonds in the US, UK, Germany, and Japan rose Monday as concerns ballooned about an economic slowdown driven by the war in the Middle East.

Trump threatens to ‘obliterate’ Iran grid if Hormuz not reopened

US stocks dipped and oil prices surged Monday after President Donald Trump escalated his threats against Tehran.

Air Canada CEO quits after language row

Michael ​Rousseau will step down this year following criticism over his English-only condolence message in response to a deadly collision in New York last week.

Eli Lilly leans into AI drug discovery with new licensing deal

US pharmaceutical giant Eli Lilly inked a $2.75 billion deal with a Hong Kong-listed biotech firm to create new medicines using AI.

Iran war widens the oil-fueled petroyuan corridor

The secretive global architecture that operates outside US dollar-denominated markets is unlikely to disappear even after the fighting stops.

LSEG’s David Schwimmer on activists, AI, and a global market test

The exchange operator is juggling investor expectations with the need to reshape its business model.

Schneider Electric’s Olivier Blum on moving at the pace of Nvidia

Remaking an old industrial giant to meet new energy demands started with defining its mission.

OECD forecasts Iran hit to global economy

The war in Iran is set to weigh on global growth this year, the OECD forecast, knocking the world’s economy off a path of strong expansion.

Investors retreat from oil-reliant Asian markets

Global investors are pulling a record amount of capital from Asia’s emerging-market stocks — with China a notable exception.

US stocks see worst day since Iran conflict began

Markets appeared skeptical of President Donald Trump’s insistence that the Iran war will end soon.