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Tag: U.S. Economy

Biogen to pay $900 million to settle drug kickback allegations

A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersBiogen will pay $900 million to settle a lawsuit that alleged the company gave doctors...

CDC cautiously optimistic outbreak might be slowing

The Centers for Disease Control and Prevention is cautiously optimistic that the U.S. is slowing the spread of monkeypox as new cases fall...

Wharton’s Jeremy Siegel on Fed rate hike ahead of Jackson Hole

Wharton business school professor Jeremy Siegel said Friday that the U.S. Federal Reserve does not need to hike more than 100 basis points...

Risk of ‘financial accident’ presents opportunity for investors

The growing risk of a "major financial accident" that causes a market capitulation later in the year could open up opportunities for investors...

Passage of Inflation Reduction Act gives Medicare historic new powers

A pharmacist collects medications for prescriptions at a pharmacy.Simon Dawson | Bloomberg | Getty ImagesMedicare is poised to renegotiate the prices of some...

Fed expected to stick with hawkish interest rate hikes, strategists say

The Federal Reserve is unlikely to pivot from its hawkish interest rate hikes despite positive signs this week that inflation in the U.S....

Singapore’s state investor Temasek releases annual report for 2022

A signage for Temasek Holdings is displayed during a news conference following the company's annual review in Singapore on July 9, 2019.Bryan van...

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