This week, we highlight how passage of the Inflation Reduction Act could impact the U.S. biopharma industry. We also look at digitization in health care, the challenges facing researchers deploying the approved monkeypox vaccine, and a video on how COVID-19 evades the immune system.

U.S. consumer sentiment rose more than expected in August on the back of the sharp drop in gasoline prices, but remains near a record low.

The U.S. unemployment rate now stands at 3.458%, the lowest rate in 50 years and one that many of us will most likely not observe again in our career arcs.

Economies in recession do not produce 528,000 jobs in a given month and have 3.5% unemployment rates. With such a robust labor market, claims that the economy is in recession fall flat and should be politely set aside.

Job openings in the United States fell for the third straight month in June as the labor market started to loosen up, the Bureau of Labor Statistics reported on Tuesday. Job openings—which represent labor demand—have been the main target of the Federal Reserve to lessen the second-round impact on wage-pushed inflation.

The manufacturing purchasing managers' index inched down to 52.8 from 53 the previous month, still indicating growth as readings above 48.7 generally show business expansion.

From a new vaccine to an eye surgery robot, each week we highlight five things to know in life sciences. Here"s the latest.