Novo, Lilly fall as Trump touts ‘much lower’ Ozempic price
Novo Nordisk A/S and Eli Lilly & Co. shares fell after President Donald Trump said the price of the blockbuster diabetes drug Ozempic could come down to just $150 a month.... Read More
The Washington Post
Shutdown pain ripples through U.S. economy with no deal in sight
The first week of a government shutdown is usually the easy one. It only gets harder after that. As the standoff between President Donald Trump and Congress stretches into its second week, the real-world impacts of the shutdown are starting to rise.... Read More
Senior government officials privately warn against firings during shutdown
Senior federal officials have quietly counseled several agencies against firing employees while the government is shut down - as President Donald Trump has suggested he will - warning the strategy may violate appropriations law.... Read More
Brazil readies another huge soy crop as U.S. farmers struggle
It’s a bleak harvest season for U.S. soybean farmers, with prices near multi-year lows and not a single cargo sold to China. Now another threat is looming as Brazilian producers gear up to expand plantings and possibly flood the market.... Read More
Small businesses turn to lending startups as tariff costs mount
Slope Inc., the JPMorgan Chase & Co.-backed lending startup that arranged the short-term financing, says applications for its credit lines surged 730% year over year in August.... Read More
Big Ten university faculties push for defense compact against Trump
A burgeoning movement among universities in the Big Ten Conference would create an alliance to counter government attacks on higher education, which the White House says aim to end “woke” policies on campuses.... Read More
Kroger stock rises after lifting outlook on healthy grocery demand
Kroger said it now expects comparable sales, excluding fuel, to gain as much as 3.4%, versus its previous guidance calling for a high of 3.25% increase.... Read More
Another U.S. jobs markdown sets stage for Fed cut, BLS criticism
U.S. job growth in the year through March was probably far less robust than government figures currently show, underscoring a labor market that shifted into a lower gear well before the hiring slowdown this summer.... Read More
A Lawrence County community bet on carbon capture. Trump is blocking it.
The Trump administration’s zeal to eviscerate incentives to reduce global warming has swept up a community in deep red Indiana, where supporters of the president say his targeting of a local cement factory is hurting the region and an entire industry.... Read More
Kraft Heinz to separate into two publicly traded companies
Kraft Heinz Co. said Tuesday it plans to split into two separate companies, undoing a mega-deal ushered in a decade ago that turned the maker of Kraft Mac & Cheese into one of the largest packaged food sellers in the world.... Read More