NY Fed President William Dudley says it is appropriate to ‘gradually’ curb stimulus

New York Fed President William Dudley did not repeat an assertion three weeks ago that he expects to raise rates once more this year, and he called the persistent shortfall in prices surprising. Yet he reinforced the U.S. central bank’s general expectation that...

Facebook just held a breakfast to promote its ‘clinical trials strategy’ to drug marketers

Facebook’s ad sales team is hitting up the drug industry. On Thursday, the company’s New York-based health unit hosted an invite-only breakfast for pharmaceutical marketers to learn about targeting users for their clinical trials. CNBC viewed a copy of the...