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Trump administration aims to address pharmacy benefit manager kickbacks to reduce drug prices

Trump administration aims to address pharmacy benefit manager kickbacks to reduce drug prices

The Trump administration announced plans to phase out rebates involving pharmacy benefit managers (PBMs) in an effort to lower health insurance costs for Americans. This initiative, referred to as the Great Healthcare Plan, is geared towards reducing both drug prices and premiums while holding major insurance companies accountable and promoting price transparency. President Trump recently […]

Chinese asset manager reaches Rmb1tn milestone for ETFs as ‘national team’ backs stocks

Chinese asset manager reaches Rmb1tn milestone for ETFs as 'national team' backs stocks

China’s Asset Management Milestone One of China’s largest asset managers has marked a significant achievement by becoming the first to oversee over 1 trillion yuan (approximately $143 billion) in exchange-traded funds (ETFs). This comes as the government pushes for a “national team” to bolster stock prices. Recent figures from data company Wind show that the […]

How BlackRock, the biggest asset manager globally, is refining market portfolios for 2026.

How BlackRock, the biggest asset manager globally, is refining market portfolios for 2026.

BlackRock has kicked off 2026 with a focused investment strategy. It revolves around three main ideas: artificial intelligence, income generation, and diversification. Jay Jacobs, who leads the exchange-traded funds (ETFs) at BlackRock, shared insights on how ETFs fit into the evolving market landscape while managing over $13 trillion in assets from investors worldwide. “The first […]

Dolphins said to appoint Jon-Eric Sullivan as their new general manager

Dolphins said to appoint Jon-Eric Sullivan as their new general manager

Miami Dolphins Name New General Manager The Miami Dolphins made a significant move on Friday by hiring John Eric Sullivan as their new general manager. He previously held the position of vice president of human resources for the Green Bay Packers. Interestingly, a candidate with connections to John Harbaugh, the Baltimore Ravens head coach, did […]