Health
Medicare pricing deal set to play a key role in Biden’s 2024 campaign pitch
U.S. President Joe Biden speaks about lowering health-care costs, in the East Room of the White House in Washington, D.C., Aug. 29, 2023. Saul Loeb | AFP | Getty Images WASHINGTON — President Joe Biden is placing a priority on reducing individual health-care costs as he seeks reelection in a country where medical spending accounts […]
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Covid fraud: Street gang in Milwaukee allegedly stole millions to pay for murder, guns and drugs
A street gang in Milwaukee allegedly stole millions of dollars in Covid-19 pandemic relief money that was then used to carry out a murder and purchase guns and drugs, among other items, according to a federal indictment. The 43-count indictment charges 30 members of the “Wild 100s,” also known as the “Shark Gang,” with a […]
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House Majority Leader Steve Scalise has a ‘very treatable’ blood cancer
U.S. House Majority Leader Rep. Steve Scalise (R-La.) listens during a press conference following a House Republican Conference meeting at the U.S. Capitol Building in Washington, D.C., July 18, 2023. Anna Moneymaker | Getty Images House Majority Leader Steve Scalise said Tuesday that he has been diagnosed with multiple myeloma, which he called “a very […]
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Biden administration unveils first 10 drugs subject to Medicare price negotiations
Kubra Cavus | Istock | Getty Images The Biden administration on Tuesday unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare, kicking off a controversial process that aims to make costly medications more affordable for older Americans. President Joe Biden’s Inflation Reduction Act, which passed in a […]
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The ADHD drug market is already stretched thin. Now it’s facing a back-to-school supply strain
Ten milligram tablets of the hyperactivity drug, Adderall, made by Shire Plc. Jb Reed | Bloomberg | Getty Images It’s been 10 months since the Food and Drug Administration first announced a nationwide shortage of Adderall — one of the most widely used medications for attention deficit hyperactivity disorder — and the supply strain could […]
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China had almost 2 million excess deaths after the end of ‘zero-Covid,’ U.S. study finds
Technicians perform protein testing on the Covid-19 vaccine ReCOV at the Reco Biological Workshop in Taizhou, Jiangsu province, China, December 23, 2021. CFOTO | Future Publishing | Getty Images There were almost 2 million excess deaths in the two months after China lifted its “zero-Covid” restrictions, a U.S. study found, contradicting official figures from Beijing that have been criticized as […]
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Here are the 8 trades and 3 price-target changes we made during a busy week
Our portfolio experienced a flurry of adjustments in a week dominated by Nvidia’s (NVDA) quarterly results Wednesday evening and Federal Reserve Chairman Jerome Powell’s Jackson Hole address Friday. Here’s a day-by-day look at the trades and price-target changes, and what motivated each decision. Monday Monday proved to be a harbinger for the rest of the […]
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Wegovy helps reduce heart failure symptoms in obese people, study says
A selection of injector pens for the Wegovy weight loss drug are shown in this photo illustration in Chicago, Illinois, March 31, 2023. Jim Vondruska | Reuters Wegovy, the popular weight loss drug from Novo Nordisk, significantly reduced symptoms of a common type of heart failure in patients with obesity, according to a late-stage clinical […]
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3 things point to better times ahead for this maker of X-Ray and MRI machines
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Wall Street saw some volatility Friday around Federal Reserve Chairman Jerome Powell’s morning speech from the central bank conference in Jackson Hole, Wyoming. Powell said inflation is still “too […]
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CDC expects new Covid vaccines from Pfizer, Moderna and Novavax to be available in mid-September
A sign advertises COVID-19 (coronavirus) vaccine shots at a Walgreens Pharmacy in Somerville, Massachusetts, August 14, 2023. Brian Snyder | Reuters The Centers for Disease Control and Prevention expects updated Covid vaccines from Pfizer, Moderna and Novavax to be available to the public in mid-September, an agency official told reporters Thursday. That amounts to the […]
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