Gold prices hit record high as rate cut cheer persists – Investing.com

Investing.com — Gold prices hit a record high in Asian markets, benefiting from continued support for lower U.S. interest rates, while rising uncertainty ahead of a series of signals this week also drove prices higher. Last week, precious metals surged to record highs after the Federal Reserve cut interest rates and have largely maintained that […]

FTC sues three largest drug middlemen for allegedly inflating insulin prices

The Federal Trade Commission (FTC) filed a lawsuit Friday against the three largest pharmacy benefit managers (PBMs), accusing them of engaging in anticompetitive practices that “artificially” inflate the list price of insulin while increasing their profits. The agency's actions target CVS Caremark Rx, Cigna's Express Scripts and UnitedHealth's OptumRx, which together fill about 80% of […]

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 […]