The 10 Drugs Getting Medicare Price Cuts & Bitcoin's Big Win Over the SEC

The 10 Drugs Getting Medicare Price Cuts & Bi...

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Scott Bessent Fails to Calm Bond Market & This Chinese Movie is So Bad, It’s Good

#916: Treasury Secretary Scott Bessent tries to intervene to ease the bond market…except it doesn’t work. Walmart posts its slowest gains in years as Americans watch their budgets. A Chinese animated film is so bad, it’s so good. Nike shares hit their lowest in 12 years. The FDA ...  Show more

Did Moderna Just Cure Cancer? & Freight Trains Have a $200M Theft Problem

#915: Moderna shares soar after a breakthrough trial of an mRNA cancer vaccine. Amazon plans to expand its drone delivery service to 500 US cities. The meal-kit delivery company Blue Apron is in shambles after a key supplier goes out of business. It’s Neal's Numbers on thieves st ...  Show more

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Only Fun Drugs Should Cost Money
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The Biden administration on Tuesday shared the first ten prescription drugs that it has chosen for price negotiations through Medicare. The Biden administration will try to lower Medicare prices for the drugs by negotiating with their respective manufacturers to ease the burden o ...  Show more

Pfizer plays hardball in weight-loss drug fight
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Palantir lifted its 2025 revenue guidance and Pfizer has filed a second lawsuit against Novo Nordisk and obesity drug start-up Metsera. Plus, OpenAI inked a $38bn computing deal with Amazon, and the FT’s Claire Jones explains how the Trump administration is considering pushing fo ...  Show more

Americans spend less, trans athlete speaks out, candy recall & more
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We start with the Supreme Court's latest ruling on the fate of a Biden era immigration program. We tell you why Americans are spending less and what it means for the economy. We hear from the high school student at the center of a funding controversy over trans athletes in sports ...  Show more

SEC sues world’s largest crypto exchange
FT News Briefing

US securities regulators yesterday sued the world’s largest crypto exchange and accused Binance of a host of violations, sliding German butter prices are spreading hope of lower food inflation, and global carmakers have been caught off guard by the speed of China’s shift to el ...

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