Health

Six Reasons Drug Prices Are So High in the U.S.

Florida’s plan to save money by importing medications from Canada, authorized this month by the Food and Drug Administration, has renewed attention on the cost of prescription drugs in the United States. Research has consistently found that drug prices in America are significantly higher than those in other wealthy countries. In 2018, they were nearly

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Business

Food Prices Ticked Up in July, but Showed Signs of Moderating

Food prices continued to moderate in July, with costs for eggs, milk and chicken declining. But overall costs picked up slightly over the month, underscoring how stubborn price pressures have been. The cost of food rose 0.2 percent in July from the prior month, a slight increase from 0.1 percent in June, according to data

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Business

Oil Prices Rise on Saudi and Russian Production Cuts

Saudi Arabia said Monday that it would extend a cut in oil production of one million barrels a day that it announced in June through at least August, trying to push up what officials view as stubbornly weak oil prices. The Saudis were joined by Russia, whose deputy prime minister Alexander Novak said Moscow would

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World

Governments Tighten Grip on World Meals Shares, Sending Costs Larger

In a speech final week, Janet L. Yellen, the Treasury secretary, stated the pandemic and the warfare had revealed that American provide chains, whereas environment friendly, had been neither safe nor resilient. Whereas cautioning towards “a totally protectionist path,” she stated america ought to work to reorient its commerce relationships towards a big group of

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Business

PepsiCo Revenues Rise After Elevating Costs

Due to double-digit p.c will increase for the costs of lots of its in style snack and beverage merchandise, PepsiCo noticed an enormous leap in revenues within the quarter. General, PepsiCo stated on Tuesday, revenues rose 9.3 p.c to $16.2 billion within the first quarter. However the bulk of that development was fueled by value

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