Money, Wealth & Power—A Daily Look at the Financial World
The White House added nine more pharmaceutical manufacturers to its most-favored-nation pricing program on Monday, and the running total is the part worth reading. Twenty-six companies have now signed, and the administration says they account for 89% of the branded drug market in the United States. A year ago the number was zero. The instrument…
President Donald Trump tore up months of negotiation with Canada this week and answered the collapse with a threat aimed straight at the heart of the Canadian economy: a 50% tariff on every car, truck, auto part and steel shipment crossing the border into the United States, set to take effect January 1, 2027. The…
The grocery-price problem that has followed Republicans all year finally got a presidential answer on Friday, and the answer landed on the wrong people. Donald Trump announced that the United States would waive the out-of-quota tariff on as much as 300,000 metric tons of imported product for ground beef over the next ninety days, in…
President Donald Trump’s threat to slam a 50% tariff on roughly $20 billion in Canadian cars, alcohol and dairy is now days from becoming real, and Ottawa is signaling it may respond by torching the trade talks meant to hold the two economies together. With the duties set to take effect Aug 19, Canadian negotiators…
President Donald Trump has put Canada on notice with a new 50% tariff on covered dairy imports. The action is not a vague negotiating threat: the White House set an August 19 effective date, and it arrives in a dispute that Washington says Canada has allowed to drag on long after USMCA was supposed to…
Medicare is considering a payment change that could make a routine one-visit appointment less attractive for a doctor to handle all at once. The proposal would cut payment for the lower-priced service when a physician performs both a separately identifiable office visit and a procedure with a global period on the same day. It is…
Nine states came in under the federal accuracy threshold for food assistance last fiscal year. The other 41 did not, and that arithmetic is about to stop being a bookkeeping curiosity and start being a line in state budgets. A law signed in 2025 converted the payment error rate from a performance statistic into a…
Amazon told investors that it has received roughly $600 million in refunded tariff duties, money the federal government collected under an emergency-powers program the Supreme Court struck down in February. Only part of that sum is heading back to the shoppers who absorbed the higher prices at checkout. The company says it will automatically reimburse…
Estate sales are treasure troves of unique items often overlooked by casual shoppers. With a keen eye, you can discover valuable pieces that might just enhance your collection or even turn a profit. Here are seven such items you should keep an eye out for at your next estate sale adventure. 1) Vintage Jewelry Often…
In a world where real estate prices continue to soar, finding undervalued neighborhoods can be a challenge. However, some areas across the United States still offer excellent investment opportunities. This listicle highlights ten neighborhoods where real estate remains affordable, providing a blend of potential growth and unique community vibes. 1. Brooklyn, New York: Sunset Park…
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