President Donald Trump declared Monday that the U.S. ‘will no longer tolerate profiteering and price gouging from Big Pharma’ as he signed an executive order implementing what his administration is calling ‘most favored nations drug pricing.’ ‘The principle is simple – whatever the lowest price paid for a drug in other developed countries, that is the price that Americans will ...
President Donald Trump defended the U.S. preparing to accept a jumbo jet gift from Qatar’s royal family to serve as a temporary Air Force One as Boeing failed to roll out a new Air Force One fleet in a timely manner. ‘We’re very disappointed that it’s taking Boeing so long to build a new Air Force One,’ Trump said during ...
China has agreed to ‘open itself up to American business’ following trade negotiations between Washington, D.C., and Beijing on Saturday, according to President Donald Trump. The arrangement was arguably the most significant development stemming from the trade negotiations, Trump told reporters Monday at the White House. Plans have yet to be finalized and ‘papered,’ but Trump said that China is ...
Earnings season continues, and this week we’re looking at three companies heading into their reports with different trajectories. One is in a long-term downtrend, one has been a steady riser, and one is somewhere in between. Let’s unpack what’s happening adn what to watch, all with an eye on balancing opportunity and risk, something that matters even more when you’re ...
Sector Shuffle: Same Players, New Positions The past week brought an unusual shake-up in the RRG sector ranking model. While the composition of the top five sectors, and thus the bottom six, remained unchanged, every single position in the entire ranking shifted — a rare occurrence that sets the stage for what’s likely to be another interesting week ahead. (2) ...
Walter Olson I had missed the story from two weeks ago about what happened after (apparent) agents of the US Immigration and Customs Enforcement (ICE), one wearing a balaclava to hide his face, seized two men at the Charlottesville, VA, courthouse. The sequel, as reported by the local paper, the Daily Progress, was that an *unnamed* (!) ICE spokesperson threatened ...
Michael F. Cannon Government should not purchase medicines for civilians. Period. The US Medicare and Medicaid programs illustrate why. Medicare pays significantly higher prices for medicines than other government programs. Medicaid likewise overpays for prescription drugs and has spillover effects that increase drug prices for private purchasers. These programs pay excessive prices partly because Congress largely let the pharmaceutical industry ...
Global stock markets are soaring in the wake of the trade truce between the U.S. and China. The agreement, announced early Monday, implements a 90-day cooling-off period between the world’s two largest economic superpowers, bringing a temporary end to their tariff war that last month triggered a massive financial market sell-off. U.S. tariffs on Chinese imports, which were jacked to ...
House Republicans released a sweeping plan late on Sunday to curb who gets Medicaid coverage and roll back former President Joe Biden’s electric vehicle (EV) mandate, among other measures. The Energy & Commerce Committee, which has broad jurisdiction, including over federal health programs, telecommunications and energy, was tasked with finding at least $880 billion in spending cuts to pay for ...
I have been in the online casino space long enough to know that finding the best place to compare online casinos, especially based on payment methods, is more demanding than it should be. Swift withdrawals, PayPal compatibility, and support of your local bank are some of the conventional methods that are readily available on the majority of platforms. So, when ...