The Biden administration has announced the first ten prescription drugs that will be negotiated for lower prices between manufacturers and Medicare, in an effort to make expensive medications more affordable for older Americans. Medicare has been given the power to negotiate drug prices directly with manufacturers, the first time this has occurred in the nearly 60-year history of the federal program, through President Joe Biden's Inflation R...

In August, the US saw the addition of 187,000 jobs. However, there was a surprising rise in unemployment, signaling a potential slowdown in the labor market. Data indicates that the unemployment rate reached 3.8%, its highest since February 2022, defying expectations which had it pegged to remain at 3.5%.
Furthermore, economists, who had predicted an addition of 170,000 jobs, were proven wrong. Additionally, revised data from June and July indicates that 110,000 fewer ...