Biden Makes Lower Drug Prices a Centerpiece of His 2024 Campaign. The Inflation Reduction Act allows Medicare to negotiate some drug prices, a change that the pharmaceutical industry and Republicans have opposed for decades.
https://www.nytimes.com/2023/08/30/us/politics/biden-medicare-drug-prices-2024-campaign.html
Submitted August 31, 2023 at 06:06PM by mafco
via reddit https://www.reddit.com/r/economy/comments/166on9s/biden_makes_lower_drug_prices_a_centerpiece_of/?utm_source=ifttt
61% of Americans are living paycheck to paycheck — inflation is still squeezing budgets
https://www.cnbc.com/2023/08/31/living-paycheck-to-paycheck-inflation-is-still-squeezing-budgets.html
Submitted August 31, 2023 at 05:55PM by lucerousb
via reddit https://www.reddit.com/r/economy/comments/166odg8/61_of_americans_are_living_paycheck_to_paycheck/?utm_source=ifttt
“Trickle down” Reaganomics. Emphasis on the “trickle” part
https://i.redd.it/omvmt3p9dilb1.jpg
Submitted August 31, 2023 at 04:48PM by districtcourt
via reddit https://www.reddit.com/r/economy/comments/166mknu/trickle_down_reaganomics_emphasis_on_the_trickle/?utm_source=ifttt
China says drop in trade with the U.S. is ‘a direct consequence of U.S. moves’. China-U.S. trade fell by 14.5% in 1H23. Raimondo: “My message was there’s a desire to do business, but we need predictability, due process and a level playing field. We don’t negotiate on matters of national security.”
https://www.cnbc.com/amp/2023/08/31/china-says-drop-in-trade-with-us-is-direct-consequence-of-us-moves.html
Submitted August 31, 2023 at 04:22PM by mafco
via reddit https://www.reddit.com/r/economy/comments/166lvp1/china_says_drop_in_trade_with_the_us_is_a_direct/?utm_source=ifttt
As Hawaii mourns its dead, ‘disaster vultures’ are swooping in to make a quick buck
https://www.businessinsider.com/who-how-profit-natural-disasters-hurricanes-wildfires-storms-investors-2023-8?utm_source=reddit&utm_medium=social&utm_campaign=insider-economy-sub-post
Submitted August 31, 2023 at 02:49PM by thisisinsider
via reddit https://www.reddit.com/r/economy/comments/166jfup/as_hawaii_mourns_its_dead_disaster_vultures_are/?utm_source=ifttt
3M forever chemicals settlement moves forward: A proposed $10 billion settlement with 3M over contamination of public water supplies
https://www.mprnews.org/story/2023/08/29/3m-forever-chemical-settlement-moves-forward
Submitted August 31, 2023 at 10:08AM by HenryCorp
via reddit https://www.reddit.com/r/economy/comments/166c6b6/3m_forever_chemicals_settlement_moves_forward_a/?utm_source=ifttt
The salary a single person needs to get by in every U.S. state
https://www.cnbc.com/2023/08/29/the-salary-a-single-person-needs-to-get-by-in-every-us-state.html
Submitted August 31, 2023 at 04:35AM by ExcellentWinner7542
via reddit https://www.reddit.com/r/economy/comments/1665dot/the_salary_a_single_person_needs_to_get_by_in/?utm_source=ifttt
3M to pay $6 billion after U.S. military said faulty earplugs caused hearing loss, resolves roughly 300,000 lawsuits
https://www.cbsnews.com/minnesota/news/3m-to-pay-6-billion-after-us-military-said-faulty-earplugs-caused-hearing-loss/
Submitted August 31, 2023 at 09:51AM by HenryCorp
via reddit https://www.reddit.com/r/economy/comments/166br9v/3m_to_pay_6_billion_after_us_military_said_faulty/?utm_source=ifttt
‘I already work two jobs’: US graduates with kids grapple with student debt
https://www.theguardian.com/money/2023/aug/31/student-loan-parent-payment-pause-ends-save-program
Submitted August 31, 2023 at 10:08AM by diacewrb
via reddit https://www.reddit.com/r/economy/comments/166c69o/i_already_work_two_jobs_us_graduates_with_kids/?utm_source=ifttt
An economist’s take on Trump’s ‘ring around the collar’ 10% tariff idea. Trump has never understood that the American people) pay the tariff, not the foreign country. It would devastate the U.S. economy and render havoc to the global economy. Please do not fall for this type of populist economics.
https://www.startribune.com/an-economists-take-on-trumps-ring-around-the-collar-idea/600300389/
Submitted August 31, 2023 at 09:42AM by mafco
via reddit https://www.reddit.com/r/economy/comments/166bjm3/an_economists_take_on_trumps_ring_around_the/?utm_source=ifttt
Chet Wang 