Wall St. rises with oil prices, earnings optimism

(Reuters) – Wall Street closed at record highs on Thursday as rising oil prices lifted energy stocks and investors bet on a strong U.S. corporate earnings season. The S&P energy sector .SPNY closed up 2 percent as Brent crude LCOc1 went above $ 70 a barrel for the first time since December 2014, boosted by […]

British Think Tank Report Says EU Food Policies Raise Food Prices

A new report from the TaxPayers’ Alliance, a British nonprofit, argues that British food prices have been made artificially higher—an estimated seventeen percent so—by a combination of EU “tariffs, subsidies, and overly restrictive regulations.” The 51-page report comes as Britain crafts its future ahead of 2019’s Brexit, which will likely leave British lawmakers solely responsible […]

Trump’s Pick for Health Secretary Led Company That Jacked Up Insulin Prices

Trump’s Pick for Health Secretary Led Company That Jacked Up Insulin Prices

Trump says his latest nominee for health secretary, Alex Azar II, would be a “star” in the effort to lower prescription drug prices. While Azar was a leading executive at Eli Lilly and Co., the pharmaceutical giant raised the price of a crucial insulin medication for diabetes by 345 percent. Alice Dautry, the director of […]