Category: Uncategorized

  • Top Ways to Trade Surging Gold Prices Today

    Gold just hit $2,100 and could head even higher. For one, investors are flocking to gold, as a safe haven with economic and political chaos. Two, gold demand is expected to hit another record this year, as central banks continue to buy the safe haven, according to the World Gold Council. “Central-bank buying maintained a…

  • Drugmakers send counter offers for U.S. Medicare price negotiations, Biden says

    Drugmakers send counter offers for U.S. Medicare price negotiations, Biden says

    (Reuters) -The manufacturers of 10 high-cost drugs selected for the U.S. Medicare program’s first-ever pricing negotiations have submitted counter offers to the U.S. government’s initial proposal, U.S. President Joe Biden said on Monday. The negotiation program, passed as part of 2022’s Inflation Reduction Act, allows Medicare to negotiate prices for the high-cost drugs. Medicare covers…

  • CVS, Walgreens to begin selling abortion pill this month

    CVS, Walgreens to begin selling abortion pill this month

    By Doina Chiacu (Reuters) -CVS and Walgreens, the two largest U.S. pharmacy chains, will start selling abortion pill mifepristone at stores in several states this month, drawing praise from President Joe Biden who has made access to abortion a key election campaign issue. The announcement Friday comes as a legal challenge to the pill, brought…

  • US judge upholds Medicare drug price negotiation program

    US judge upholds Medicare drug price negotiation program

    By Brendan Pierson (Reuters) -A federal judge in Delaware on Friday upheld a law that requires some drugmakers to negotiate prices with the U.S government’s Medicare health insurance program, rejecting a challenge by AstraZeneca to one of Democratic President Joe Biden’s signature initiatives. U.S. District Judge Colm Connolly’s decision comes the day before the British…

  • In risky space business, Intuitive Machines sets sights on second moon landing

    In risky space business, Intuitive Machines sets sights on second moon landing

    By Joey Roulette WASHINGTON (Reuters) -Intuitive Machines and its space-cargo customers expect the company to emerge stronger from its problem-plagued moon landing this week, with improvements set for the company’s second lander after its first went where no private firm has gone before. The company’s Odysseus moon lander on Thursday ended its week-long mission near…

  • Top Ways to Trade Apple’s Upcoming AI Announcements

    Apple (AAPL) is winding down its electric vehicle efforts. All for generative artificial intelligence – a market that could be worth about $1.3 trillion by 2032, according to Bloomberg Intelligence. “Rising demand for generative AI products could add about $280 billion of new software revenue, driven by specialized assistants, new infrastructure products, and copilots that…

  • Republican impeachment probe ‘baseless,’ US president’s son Hunter Biden says

    Republican impeachment probe ‘baseless,’ US president’s son Hunter Biden says

    By Makini Brice WASHINGTON (Reuters) -U.S. President Joe Biden’s son Hunter Biden struck a defiant tone on Wednesday at a Republican-led House of Representatives impeachment inquiry into his father, calling it a “baseless” partisan pursuit against his family. “For more than a year, your committees have hunted me in your partisan political pursuit of my…

  • Supreme Court grapples with the legality of US ban on gun ‘bump stocks’

    Supreme Court grapples with the legality of US ban on gun ‘bump stocks’

    By Andrew Chung and John Kruzel WASHINGTON (Reuters) -U.S. Supreme Court justices struggled over technical aspects of “bump stocks” on Wednesday as they considered the legality of a ban imposed under former President Donald Trump on these devices that enable semiautomatic weapons to fire rapidly like machine guns in the latest case targeting a firearms…

  • Biden, Republican Johnson hold ‘intense’ Ukraine talks at White House

    Biden, Republican Johnson hold ‘intense’ Ukraine talks at White House

    By Steve Holland and Jarrett Renshaw WASHINGTON (Reuters) -President Joe Biden and top Democrats and Republicans in Congress on Tuesday made progress toward avoiding a partial government shutdown at the end of the week, but have not cut a deal on paying for weapons for Ukraine’s battle against Russia. “We’ve got a lot of work…

  • Bitcoin Staring at Record Highs as Momentum Builds Up

    Bitcoin is headed to its all-time high after rallying by more than 4% to highs of $57,000 a coin. The flagship cryptocurrency rally to two-year highs comes against the backdrop of positive market developments and growing interest from institutional investors. Crypto investing software firm MicroStrategy’s disclosure of a purchase of 3,000 Bitcoin’s is the latest…