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Passage of Inflation Reduction Act gives Medicare historic new powers over drug prices

A pharmacist collects medications for prescriptions at a pharmacy. Simon Dawson | Bloomberg | Getty Images Medicare is poised to renegotiate the prices of some of its most expensive drugs through a historic expansion of its power, which could reduce costs for many seniors as well as federal spending on its prescription drug plan. The […]

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Cramer’s lightning round: I like E.L.F Beauty over Coty

Ammo Inc: “I know it’s a little bit of a far field in terms of where you are versus what it is, but Dick’s is my favorite in that group.” Inmode Ltd: “It’s a good company, but the people hate the medical device companies. … I think they’re overly hated. That’s why I like [Johnson […]

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Treasury yields climb to start August as investors weigh recession prospects

U.S. Treasury yields rose on Monday to begin August as investors continue to assess the prospects for an economic recession. At around 6:22 a.m. ET he yield on the benchmark 10-year Treasury note was up at 2.658% while the yield on the 30-year Treasury bond climbed to 3.02%. Yields move inversely to prices. The 2-year […]

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U.S. Treasury yields edge higher ahead of key Fed decision

U.S. Treasury yields pushed higher on Wednesday as investors geared up for a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note rose 1 basis point to 2.8068% by 1:30 a.m. ET, while the yield on the 30-year Treasury bond moved 2 basis points higher to 3.0284%. Yields move inversely to prices and […]

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Cramer’s lightning round: I like Blackstone over Apollo Global

“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed. Source link

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U.S. Treasury yields edge lower ahead of key Fed decision

U.S. Treasury yields fell on Tuesday as investors geared up for more corporate earnings this week and a key policy decision from the Federal Reserve. The yield on the benchmark 10-year Treasury note fell 4 basis points to 2.7795% while the yield on the 30-year Treasury bond fell 4 basis points to 3.0032%. Yields move inversely to prices and […]

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3 factors to keep in mind heading into the busiest week of earnings

As we look ahead into the week ahead, some of the biggest names in tech will report. Source link

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U.S. Treasury yields nudge higher ahead of Fed meeting; recession risk in focus

U.S. Treasury yields rose on Monday as investors geared up for a big week of corporate earnings and a key policy decision from the Federal Reserve. At around 3:05 a.m. ET, the yield on the benchmark 10-year Treasury note climbed to 2.7941% while the yield on the 30-year Treasury bond was up at 3.0268%. Yields […]

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10-year yield slides to two-week low as weak data, ECB move dampen sentiment

U.S. Treasury yields retreated further on Friday as weak economic data and a significant interest rate hike from the European Central Bank fueled concerns about an economic slowdown. As of around 5:30 a.m. ET, the yield on the benchmark 10-year Treasury note was down sharply to a more-than two-week low of 2.8105%, furthering Thursday night’s […]

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10-year Treasury yield ticks below 3%

The yield on the 10-year Treasury note fell below 3% Thursday as investors digested the ongoing deluge of corporate earnings and continued to assess the outlook for growth and inflation. The yield on the benchmark 10-year Treasury note dropped to 2.893% while the yield on the 30-year Treasury bond fell to 3.062%. Yields move inversely […]