Jan 14- Independent advisers to the U.S. Food and Drug Administration on Tuesday unanimously voted against Nektar Therapeutics' opioid painkiller for adults with chronic low back pain, sending the drug developer's shares down 12% in extended trading. I couldn't say the benefits outweighed the risks, "said panel member Lee Hoffer from Case Western Reserve...
Jan 13- The U.S. Supreme Court on Monday declined to take up a dispute that has roiled the $3.8 trillion U.S. municipal bond market over payments on special revenue bonds that grew out of Puerto Rico's ongoing bankruptcy. The justices left in place rulings last year by the Boston- based 1st U.S. Circuit Court of Appeals, which determined that payments on certain...
Jan 13- The U.S. Supreme Court on Monday declined to take up a dispute that has roiled the $3.8 trillion U.S. municipal bond market over payments on special revenue bonds that grew out of Puerto Rico's ongoing bankruptcy. The justices left in place lower court rulings dismissing lawsuits by bond insurance companies Assured Guaranty Corporation and Ambac...
BALTIMORE/WASHINGTON, Jan 3- Top U.S. But they also noted the longest U.S. expansion on record could still fall victim to outside shocks, such as this week's dramatic escalation of tensions between the United States and Iran. I'm encouraged by recent jobs reports and the pace of holiday spending, "with last year's round of three Fed rate cuts helping prop up demand...
NEW YORK, June 18- Mortgage rates are nearing historic lows again in the United States, making it an ideal time to buy a home- or refinance. "Its amazing how many times a once-in-a-lifetime opportunity comes around," said Keith Gumbinger, vice president of hsh.com, a mortgage information website. Some 6.8 million borrowers currently could benefit from a refinance,...
LONDON, June 18- Electricity supplies across Argentina, Uruguay and parts of Paraguay were blacked out for several hours on Sunday when the regional power grid suffered a cascading failure. But earlier at the weekend, the New York Times revealed the United States had hacked into Russias grid and was ready to carry out an offensive cyberattack.
For the first time in 635 days, the Cleveland Browns won.
The FBI arrested a person suspected of helping a militant foreign group’s alleged plan.
Homeowners in West Coast cities such as San Francisco, Los Angeles and San Jose, California, made the most money selling their homes in 2017.
There's a growing consensus that keeping the overall U.S. economy on track will not be enough to help areas left behind by a decade-long recovery.
The Cleveland Browns believe all Baker Mayfield has in common with Johnny Manziel are height and a Heisman.
Even as housing affordability takes a hit nationwide, you can still buy a house with a monthly mortgage payment of $1,000 or less in some major U.S. cities.
Frank Jackson, Mayor of Cleveland, talks to CNBC's Scott Cohn about his city's efforts to convince Amazon to open its second headquarters there.
The U.S. dollar hit five-week highs against the euro on Tuesday before the greenback gave back some gains as the move was seen as overdone.
Museum attendance is better than ever, thanks to the way technology is revolutionizing the consumption of art.
As the record-breaking Cleveland Indians prepared to play Thursday night, tickets were still available.
Michael Chernoff, Cleveland Indians general manager, discusses his team's win streak and the business of baseball.
Universal Windows Direct offered full rebates to any customer purchases in July if the Indians won 15 consecutive games after Aug. 1.
The code of the American Gaming Association calls on casino operators to be more transparent with patrons and provide training to employees. Its announcement in Las Vegas came within months of two high-profile criminal cases that drew attention to the effects of compulsive gambling as authorities believe the perpetrators were problem gamblers.
Buying a home used to be a good way to invest your money. Renting may now be a better option.