The drug companies want $26,500 per year for the newest Alzheimer’s drug; negotiations might take it to $20,000.
Peter Morici: Powell shouldn’t let up in the fight against inflation
Inflationary pressures remain quite powerful, so the Fed should keep raising rates for several more months and then hold steady until inflation falls to 2%.
Market Snapshot: Dow ends down 200 points, Nasdaq falls 1.7% after Fed officials say more interest rate hikes could be needed to cool inflation
U.S. stock indexes ended lower on Wednesday, as investors digested comments from a cluster of Federal Reserve speakers which exacerbated concerns that the central bank still has more interest rate rises ahead and will keep monetary policy restrictive.
NerdWallet: Medicare Advantage appeals to many older adults, but it’s not always all it’s cracked up to be
Medicare Advantage plans bundle benefits in a way many people find appealing — but financial experts usually recommend Original Medicare. Here’s why.
Kelley Blue Book: The luxurious, reliable 2023 Lexus ES is all about responsible indulgence
The heart wants a new luxury car, the head says it’s OK to buy a 2023 Lexus ES sedan. This luxury midsize sedan offers a fine cabin and a cushioned ride.
Next Avenue: The number of older Americans is growing, and many states are unprepared
States that delay or ignore the coming demographic shift will not make it any easier to address the fact that the U.S. population is rapidly getting older.
Dow Jones Newswires: China car sales slumped in January
China’s car makers and dealers sold 1.3 million passenger cars in January, down 40% from December, the China Passenger Car Association said Wednesday.
: Inside Germany’s industrial-sized effort to wean itself off Putin and Russian natural gas
While the war in Ukraine rages on, the frontline for Europe’s biggest economy runs through cities like Leuna and just offshore in the North Sea.
The Moneyist: ‘And then 2022 happened’: I borrowed $500,000 from friends and family to invest in the stock market, foolishly promising a 10% return. Can I avoid legal action?
‘I am not in a place where I have funds left to pay back those friends and family.’
: Microsoft gave some numbers on AI-powered search. Here’s what the company says.
Microsoft has finally released its artificial intelligence-powered search engine, and some of the early reviews are good. But what will it mean in to the bottom line?