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Business Highlights

FDA advisers endorse what could be 1st US gene therapy

A panel of cancer experts Wednesday recommended approval of what could become the first gene therapy available in the U.S. he FDA usually follows recommendations of its expert panels, but isn’t obligated to do so. The therapy could be the first of a wave of treatments custom-made to target a patient’s cancer.

Yellen says Fed watching slowdown in inflation

WASHINGTON (AP) — Federal Reserve Chair Janet Yellen raised the possibility Wednesday that the Fed would consider slowing the pace of its interest rate increases if inflation remained persistently below its target level.

No monkeying around: Court weighs if animal owns its selfies

SAN FRANCISCO (AP) — A federal appeals court has heard arguments on whether a curious monkey with a knack for pressing a camera button can hold a copyright. People for the Ethical Treatment of Animals wants to administer all proceeds from the photos to benefit the monkey. A three-judge panel of the 9th U.S. Circuit Court on Wednesday appeared puzzled by PETA’s role in the case. A British nature photographer published the selfies that the monkey snapped with his unattended camera.

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