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UnitedHealth, CVS Caremark, Express Scripts sued for insulin prices: FTC

The Federal Trade Commission sued the nation's three largest pharmacy benefit management companies on Friday, accusing them of pushing expensive insulin on diabetics in order to receive millions of dollars in kickbacks from drug companies. The lawsuit accuses UnitedHealth Group's Optum division, CVS Health's CVS Caremark and Cigna's Express Scripts of unfairly excluding low-cost insulin […]

Home sales drop more than expected as prices hit record

U.S. existing home sales fell more than expected in August as home prices remained high despite continued improving supply. The National Association of Realtors said Thursday that home sales last month fell 2.5% from a year earlier to a seasonally adjusted 3.86 million. Economists polled by Reuters had expected home resales to fall to 3.9 […]

Oil, gasoline prices face a slump

Get the latest news from The Hill here {beacon} Energy and Environment Energy and Environment Full text   Judge sides with Illinois attorney general in lawsuit over water use at Trump Tower in Chicago A Chicago judge ruled this week that Trump Tower in Chicago violates Illinois environmental laws by using water from the Chicago […]

Oil prices up over 1% on US hurricane impact concerns By Reuters – Investing.com

Arunima Kumar (Reuters) – Oil prices rose about 2 percent on Thursday as they continued to rebound on concerns over the impact of Hurricane Francine on U.S. production, but a gloomy demand outlook capped gains. November futures were up $1.24, or 1.8 percent, at $71.85 a barrel as of 1008 GMT, while October futures were […]

Gas prices slump, marking possible good news for Harris

Crude oil prices hit a three-year low this week, a milestone that comes after gasoline prices have fallen for six consecutive weeks. The decline has little to do with direct intervention by the Biden administration and is largely the result of a confluence of economic factors, but it could provide a positive headwind for VP […]