Trump Pentagon is ‘thinking’ about taking equity stakes in defense contractors, says Lutnick

U.S. Secretary of Commerce Howard Lutnick attends an interview, outside the White House, in Washington, D.C., U.S., June 11, 2025. Kent Nishimura | Reuters Trump administration military leaders are “thinking about” whether the U.S. should acquire equity stakes in top defense contractors such as Lockheed Martin, Commerce Secretary Howard Lutnick said Tuesday. This is breaking…

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How GLP-1s, Wegovy, Zepbound are reshaping the economy

Eternalcreative | Istock | Getty Images Miracle drugs, obesity treatments and skinny jabs. Call them what you will, few drugs have had a more transformative effect on Wall Street and waistlines over recent decades than GLP-1s. Familiarly known under the brand names Wegovy and Zepbound, Glucagon-like peptide-1 (GLP-1) receptor agonists are a class of medication used to…

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