LA wildfires drive surge in rental housing prices, prompting price gouging concerns

More than 15,000 people are participating in firefighting efforts across Southern California. The devastating wildfires that have ravaged the Los Angeles area in recent weeks have further constrained an already tight housing market, spurring rental prices to rise and raising concerns about price gouging. More than 12,000 structures have been destroyed by wildfires in the […]

Ozempic picked for Medicare price bargaining

Click here for more news from The Hill {beacon} health care health care Full text   Anti-AIDS plan in Republican crosshairs over abortion funding Republicans are furious at the State Department after learning that an organization receiving funding from PEPFAR, a legacy program to control HIV/AIDS across Africa, was performing abortions in violation of U.S. […]

Demand Helped Cause Inflation, But Price Pressure from Stimulus Was Worth Growth

In an interview with Bloomberg that aired Thursday on “Balance of Power,” White House Council of Economic Advisers Chairman Jared Bernstein said “strong demand” helped drive inflation, adding that the coronavirus Inflation rates were about the same in all G7 countries, although he conceded that the upward pressure on prices from virus stimulus was worth […]

Bitcoin Price Tops $100,000 Again on CPI News, Regulatory Optimism – Investopedia

Important points Bitcoin topped $100,000 again on Wednesday, rising again after recently dipping below $90,000 for the first time since November. Inflation data and a Reuters report encouraging crypto backers likely pushed major cryptocurrencies higher. According to Reuters, the SEC could change its crypto policy as soon as next week, potentially pausing ongoing enforcement actions. […]