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Consumer prices rose 0.4% in February and 3.2% from a year ago
  + stars: | 2024-03-12 | by ( Jeff Cox | ) www.cnbc.com   time to read: +4 min
The consumer price index, a broad measure of goods and services costs, increased 0.4% for the month and 3.2% from a year ago, the Labor Department's Bureau of Labor Statistics reported Tuesday. Excluding volatile food and energy prices, the core CPI rose 0.4% on the month and was up 3.8% on the year. Food costs were flat on the month, while shelter rose another 0.4%. With home prices expected to rise this year and rents falling only slowly, the long-awaited fall in shelter prices isn't coming to the rescue any time soon," said Robert Frick, corporate economist at Navy Federal Credit Union. Patrick T. Fallon | AFP | Getty ImagesAirline fares posted a 3.6% increase, apparel prices rose 0.6% and used vehicles were up 0.5%.
Persons: Dow Jones, Robert Frick, February's, Patrick T, Fallon, Jerome Powell, Paul Ashworth Organizations: Federal Reserve, Labor Department's Bureau of Labor Statistics, Dow, BLS, Navy Federal Credit Union, AFP, Getty, North, Capital Economics Locations: Redondo Beach , California, North America
But only eight to 14 candidates make the cut, April Jordan, manager of NASA astronaut selection, told Business Insider. "One of the first hurdles is to look at minimum qualifications for applicants," Jordan said. Some parts of the interview process to become a NASA astronaut are similar to what you'd encounter for many jobs, Jordan said. AdvertisementFor example, the selection team scrutinizes candidates during individual and team assessments and simulations. "We probably collect hundreds of data points on an applicant before we move to final selection," Jordan said.
Persons: , Jordan, Leland Melvin, Jasmin Moghbeli Organizations: NASA, Service, Harvard, MIT, Johnson Space Center, International Space Station, BioFabrication, Space Station Locations: Houston .
The ramifications of a cyberattack on a critical health care technology company are still being felt across the U.S. nearly two weeks later. Change Healthcare has acknowledged the hack, which reportedly affected billing and care authorization portals. “Our experts are working to address the matter, and we are working closely with law enforcement and leading third-party consultants such as Mandiant and Palo Alto Networks on this attack against Change Healthcare’s systems,” Change Healthcare said. “On Feb. 21, 2024, we discovered a threat actor gained access to one of our Change Healthcare environments,” Change Healthcare said. A spokesperson affiliated with Change Healthcare declined to answer whether a ransom has been paid, according to Wired.
Persons: paychecks, Chuck Schumer, Jesse Ehrenfeld, Rick Pollack, , , Schumer, ” Schumer, Pollack Organizations: Healthcare, Palo Alto Networks, New, American Medical Association, Department of Health, Human Services, American Hospital Association, HHS, AHA, UnitedHealth Group, The Washington Post, Justice Department, Health, Medicare, Medicaid Services, Wired, Change Healthcare Locations: U.S, Palo, New York, Optum
Family practitioners give physical exams and prescribe medicationFamily practitioners go by multiple names. They're also called general practitioners, family doctors and physicians. Medical doctors must get a bachelor's degree, attend medical school and do a residency, the latter of which alone can last three to nine years. The path is also expensive: The median cost of attending a four-year medical school in 2024 is $276,006 for public schools and $374,476 for private schools, according to the Association of American Medical Colleges. Family practitioners make a median annual salary of $229,300, according to BLS.
Persons: They're Organizations: Bureau of Labor Statistics, Association of American Medical Colleges, BLS
Lawmakers in Germany approved legalization of limited amounts of cannabis for recreational use on Friday, bringing the country a step closer to becoming one of the few European nations — and by far the largest — to do so. “By legalizing it, we are taking cannabis out of the taboo zone,” Karl Lauterbach, who as health minister is largely responsible for the law, said on public television before the vote. In the end, 407 lawmakers voted for the proposal, and 226 voted against the plan, which must be now approved by the Federal Council. Several other European countries, perhaps most notably the Netherlands, tolerate the use of cannabis, but legalization is rare: Within the European Union, only Malta and Luxembourg have gone that far. Medical marijuana has been legal in Germany since 2017.
Persons: ” Karl Lauterbach Organizations: Federal, European Union Locations: Germany, Netherlands, Malta, Luxembourg
As healthcare startups dive headfirst into building artificial intelligence products to sell to hospitals, a new report suggests many health systems don't yet have policies to support the tech. In a survey of 34 US health systems leaders, only 16% reported having systemwide policies for AI usage and data access. Some health system leaders said they haven't developed policies because the industry is in the early stages of AI adoption. Many health system leaders surveyed by KLAS expressed excitement about AI software for clinical documentation. Seventy percent of health system leaders surveyed by KLAS said their organizations planned to adopt AI software integrated with their EHRs.
Persons: , hasn't, Robert Califf, KLAS, we'll, Bryan Roberts Organizations: Business, Center, Medicine, UPMC, KLAS Research, Healthcare, Food and Drug Administration, FDA, Venture, University of Pittsburgh Medical Center, University of Kansas Health, Microsoft, Industry
He told reporters the paramedic was a part of a SWAT team that had been called to a domestic situation at the home. Inside, an armed man had barricaded himself with his family, including seven children ranging in age from 2 to 15, Evans said. Adam Finseth, 40, a firefighter and paramedic for the city since 2019, also was killed. She and her husband peered out of their sunroom and saw squad cars and a phalanx of police officers. None of the relatives of the officers or the firefighter immediately returned phone messages from The Associated Press seeking comment.
Persons: Drew Evans, Evans, , ” Evans, , Paul Elmstrand, Matthew Ruge, Adam Finseth, Elmstrand, Ruge, Adam Medlicott, Tanya Schwartz, Alicia McCullum, peered, McCullum, “ We’re, ” McCullum, BJ Jungmann, Marty Kelly, Tim Walz, “ Minnesota, Grace, Angie Craig, ” Craig, Kris Martin, Rob Jagodzinski, Bobby Caina Calvan, Maysoon, Jesse Bedayn Organizations: SWAT, Minnesota Police, Peace, Association, Medical, , Associated Press, Minnesota Gov, Burnsville City, U.S, Rep, ___ Associated Press Locations: BURNSVILLE, Minn, Minneapolis, Burnsville , Minnesota, Minnesota, Goodhue County, Burnsville, Burnsville City Hall, downtown Minneapolis, New York City, Maysoon Khan, Albany , New York, Denver
CNN —With its bright lights, big names and halftime shows, the Super Bowl has always been the biggest sporting ticket in the US. Kansas City Chiefs quarterback Patrick Mahomes holds the Lombardi Trophy after the Chiefs won Super Bowl LVIII on Sunday, February 11. Steph Chambers/Getty Images Chiefs tight end Travis Kelce kisses his girlfriend, singer Taylor Swift, during the postgame celebrations. This was just the second Super Bowl in history to go to overtime. Swift, Ice Spice, Blake Lively and others were in attendance for Super Bowl LVIII.
Persons: Taylor Swift, Patrick Mahomes, Mahomes, Steph Chambers, Travis Kelce, Brynn Anderson, Trey Smith, Eric Gay, Adam Hunger, Andy Reid, Julio Cortez, Kyle Juszczyk, Mecole Hardman Jr, Jamie Squire, Hardman, Ezra Shaw, Tim Nwachukwu, Christian McCaffrey, Jake Moody, Frank Franklin II, Bill Vinovich, Mike Blake, Reuters Kelce, Fred Warner, David J, Phillip, Moody, Harrison Butker, Jauan Jennings, Kirby Lee, Chris Jones, Brock Purdy, George Walker IV, Kyle Shanahan, Marquez Valdes, Scantling, David Gray, Ray, Ray McCloud III, Stephen R, James Lang, Brian Snyder, Ji'Ayir Brown, Doug Benc, Gregory Bull, McCaffrey, Jennings, Dre Greenlaw, Achilles, Kelce, Reid, Isiah Pacheco, Pacheco, Harry, Trent McDuffie, Deebo Samuel, Chris Conley, Javon Hargrave, Sam Lutz, George Kittle, Getty Images Purdy, Michael Reaves, Nick Bolton, Candice Ward, Reba McEntire, Lively, McEntire, Andra Day, Jay, Blue Ivy, Rumi, Steve Luciano, Carlos Barria, Sterling, ’ Taylor, cutaways, Jason’s, Swift, Blake Lively, Vince Lombardi, Bill Belichick, Belichick, Don Shula’s, Hall, Tom Landry, Belichick hasn’t, Alex Grimm, Joe Flacco, Damar Hamlin, Hamlin, commotio cordis, Jeffrey T, Barnes, Dan Campbell, Aaron Rodgers, Rodgers, Robert Saleh, There’s, Organizations: CNN, Super, Kansas City Chiefs, San Francisco 49ers, NFL, Chiefs, Getty, AP Chiefs, Hardman, AP 49ers, 49ers, Reuters, USA Today Sports Chiefs, AP, USA, Network, Sports, Reuters 49ers, CBS, Reuters Chiefs, Getty Images, Allegiant, Vegas, New England Patriots ’, Green Bay Packers, Patriots, The Patriots, Kansas City Super, New England Patriots, of Fame, Hall of Fame, Atlanta Falcons, Indianapolis Colts, Deutsche Bank, Cleveland Browns, Buffalo Bills, Bills, Miami Dolphins, Dallas Cowboys, Detroit Lions, Lions, NFC, New York Jets, Jets Locations: Las Vegas, Brittany, Japan, Allegiant, , Kansas, Massachusetts, Foxborough, Frankfurt, Germany, Cincinnati, East Rutherford
“Troops located weapons inside the hospital and apprehended dozens of terror suspects,” the Israeli military claimed in a statement on Friday. The Israeli military also said it had found weapons inside the facility, including mortar shells and grenades, releasing a low-resolution photograph of the alleged weapons stash. Palestinian patients evacuated from Nasser Hospital have been arriving in Rafah. “The military raid at Nasser Medical Complex and reports emerging from the hospitals are deeply alarming,” World Health Organization (WHO) spokesperson Tarik Jasarevic said in Geneva on Friday. “Patients, health workers, and civilians seeking refuge deserve safety, not peril in places of healing.
Persons: Khan Younis, Nasser, Mohammed Salem, Tarik Jasarevic, , Jasarevic, , Daniel Hagari, hadn’t, ” Hagari, Hagari Organizations: CNN, Nasser Hospital, Ministry of Health, Health of Organization, WHO, Nasser, Israel Defense Forces, “ Troops, IDF, Health Organization, Hamas, MSF Locations: Khan, Gaza, Israel, Nasser, Rafah, Mohammed, Geneva
Peter Thiel has invested in an effort to create an Olympic Games that welcomes doping. The PayPal cofounder was one of several investors named Wednesday in the Enhanced Games. AdvertisementPeter Thiel is backing an effort to create an Olympic Games that welcomes using performance-enhancing drugs. The Olympic Games bans the use of hundreds of medications and drugs, including categories like stimulants, anabolic agents, and hormone and metabolic modulators. Just this week, Russian figure skater Kamila Valieva was retroactively disqualified from the 2022 Beijing Olympic Games after the Court of Arbitration for Sport ruled she'd violated anti-doping rules.
Persons: Peter Thiel, , Balaji Srinivasan, Aron D'Souza, Michael Sagner, Kamila Valieva Organizations: Games, PayPal, Service, Apeiron Investment Group, King's College London, Medical Advisory Commission, Olympic Games, Beijing Olympic Games, Sport Locations: Russian
The company is developing a brain implant that aims to help patients with severe paralysis control external technologies using only neural signals. The in-human clinical trial marks just one step on Neuralink's path toward commercialization. Neuralink did not disclose how many human patients will participate in its initial in-human trial. Paradromics is aiming to launch its first trial with human patients in the first half of this year. Precision Neuroscience carried out its first in-human clinical study last year.
Persons: Elon, Neuralink, Musk, Stephen Hawking, Blackrock Neurotech, Tom Oxley's Organizations: U.S . Food, Drug Administration, FDA, SpaceX, BCI, Neuroscience, Paradromics, Blackrock Locations: U.S
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Investors shouldn't be surprised if Apple earnings aren't stellar, Jim said. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, shouldn't, Jim, Abbott, Jim Cramer's, ABT Organizations: CNBC, Dow, Nasdaq, Big Tech, Club, Microsoft, Apple, Federal, Abbott, GLP Locations: MSFT
The historic sporting moment for Palestinians comes as Israel’s war against Hamas following the group’s October 7 attacks rages in Gaza, causing widespread destruction and a catastrophic humanitarian crisis. Some Palestinian players have reportedly lost family members, or have relatives trapped in Gaza, and have spoken about the difficulties of playing while not knowing what’s happening at home. Many of those in the stands in Qatar waved Palestinian flags or held up keffiyeh scarves to show support for the team. Thaier Al-Sudani/ReutersStarvation, bombing at homeAs the Palestinian team progresses to the knockout stage in Qatar, back home the Israeli military campaign is intensifying in southern Gaza. On Monday, the Hamas-controlled health ministry in Gaza said the number of Palestinians killed in Israeli attacks in Gaza since October 7 has risen to 25,295, with at least 63,000 injuries recorded.
Persons: Dabbagh, Abdullah, Zeid Qunbar, Mohammed Saleh, Thaier, Makram Daboub, ” “, ” Daboub, Hector Cuper, Hong, Everton Camargo, Khan Younis Organizations: CNN, Palestinian, soccer team, AFC Asian, Hong, Hamas, West Bank, Reuters, , India, United Nations Relief, Works Agency Locations: Hong Kong, Qatar, Doha, Gaza, Israel, Palestine, Reuters Palestine, Syria, Iran, Hamas
CNN —Just like women, men undergo significant hormonal changes as they age, especially in their testosterone levels. About 2 in 10 men over the age of 60 suffer from low testosterone levels, according to the American Urological Association. Only about 5% of men with low testosterone receive treatment, according to a 2018 study by the New England Research Institutes. Topical gels and creams are applied to the skin, ensuring steady hormone levels but require caution to prevent skin-to-skin transfer. A 2015 review found that overweight men are more likely to suffer from low testosterone, and losing weight can increase testosterone levels.
Persons: isn’t, don’t, Jamin Organizations: CNN, American Urological Association, New England Research Institutes, TRT, Orlando Health, Florida Urological Society Locations: Florida
CNN —Medical facilities in Khan Younis in southern Gaza have been battered amid an Israeli assault in the area Monday, Palestinian health officials said, as the number of people killed in Israel’s siege on Gaza continues to rise. Dozens of people have been killed and wounded in the latest offensive in western Khan Younis, according to the Hamas-controlled health ministry in Gaza. Medical facilities including the Nasser Medical Complex, Al Amal Hospital and the Palestine Red Crescent Society headquarters are located in the area. The Nasser Medical Complex is receiving more serious injuries than it can accommodate, the health ministry said, adding that intensive care units are currently at capacity. Ahmed Naseem, a resident of Al-Amal neighborhood in Khan Younis, told CNN Monday that “intense” shelling of the area started in the early hours of Monday.
Persons: Khan Younis, ” Ahmad Al Moghrabi, , Monday, Al, Tedros Adhanom Ghebreyesus, , Amal, Khair, , Khan Younis –, ” OCHA, Kamal Adwan, Ahmed Naseem, ” Nassem Organizations: CNN —, Nasser, Al Amal Hospital, Palestine Red Crescent Society, IDF, CNN, Red Crescent Society, Amal, Al, WHO, – Al Aqsa Martyrs Hospital, Health Ministry Locations: Khan, Gaza, Palestine, Amal, Al, – Al Aqsa, Deir El, Nasser,
As a multi-stage VC fund, Lightspeed has an advantage in its exposure to both early-stage and later-stage healthcare markets, Imanbayev said. And many later-stage healthcare startups still have plenty of room to grow, he said. The first one to three years are often slow-moving for a healthcare startup, too, as it works to get its first partnerships with payers or providers, he said. But they also tend to be less risky, since later-stage startups should have revenue streams or partnerships that demonstrate their value. Lightspeed led value-based care startup Aledade's $260 million Series F in June 2023, an unusually large deal as other investors cut much smaller checks.
Persons: , Galym, Imanbayev, I'm, There's, Farzad Mostashari, Aledade Tom Sandner, VCs, Abridge, he's, Chris Severn Organizations: Business, Lightspeed Venture Partners, Lightspeed, CVS, Health, Turquoise Health, Pharma, FDA, pharma
Arms Race: What Travelers Can Expect in 2024 At the start of what promises to be a very busy year, we look ahead at what you’re likely to encounter. With 2023 in the rearview mirror, we look ahead at what travelers will face in 2024. At United Airlines, for example, smarter software can offer rebooking options and issue food and lodging vouchers when a flight is canceled, rather than just rebooking a flight. United Airlines has suspended its flights indefinitely, said Josh Freed, a United spokesman. This year, travelers are expected to choose faraway places and board small ships, according to Virtuoso, the consortium of luxury travel agencies.
Persons: Chanelle, Hayley Berg, ” Ms, Berg, , Robert W, Mann Jr, , Chad Burt, Oren Etzioni, Gilbert Ott, Hopper, Greg Forbes, Delta’s, Neville Pattinson, Mr, Pattinson, biometrics, Laura Lindsay, Joshua Smith, Smith, Laurel Brunvoll, Michael Zeiler, Airbnb, We’ve, Jamie Lane, , ’ ”, Jan Freitag, “ We’ve, David Whiteside, Brian Kelly, Guy, Leigh Rowan, “ There’s, Kelly, Rowan, ” Mr, James Thornton, Sharm el Sheikh, Khaled Ibrahim, Harry Rubenstein, Rubenstein, Eyal Carlin, Josh Freed, Jack Ezon, Tom Marchant, Beth McGroarty Organizations: World Tourism Organization, International Air Transport Association, Analysts, Express Global, , airfare, University of Washington, United Airlines, Transportation, Administration, Salt Lake, International Airport, Denver International Airport, Delta Air Lines, U.S . Customs, Border Protection, La Guardia Airport, Los Angeles International Airport, biometrics, Thales, Air, American Airlines, Global, , , MidX Studios, LivSmart Studios, Hilton, Hyatt Studios, Accor Hotels, Boston University, Visa, Mastercard, Walmart, Target, Savanti, Chase, Intrepid Travel, Amisol Travel, East Travel Alliance, United, Consumers, Ki’ama, Wellness, Global Wellness Institute Locations: United States, Point.me, Salt, North America, London, Rome, Tokyo, Cancún, Las Vegas, Cayman Islands, Polynesia, Europe, Norway, Denmark, Air Canada, Bergen, Flam, Scandinavia, Italy, France, Malta, Slovenia, Maryland, Spain, Portugal, Britain, Egypt, India, Mexico ; Cape Girardeau, Mo, Niagara Falls, N.Y . Texas, Burnet, Sulphur Springs, New York, Vienna, Marriott, Israel, Jordan, Oman, Oman —, Tunisia, Northern Africa, Sharm, Cairo, Amisol Travel Egypt, Jerusalem, Tel Aviv, Ramle, Kimberley, Western Australia, Mitre, Patagonia, Ki’ama Bahamas, Bahamas, South Africa, Hudson, Tuxedo Park, N.Y, Malibu , Calif, Mexico
But the popular chatbot is particularly useful for workers in three specific industries, according to OpenAI CEO Sam Altman. It's massively deployed and at scaled usage, at this point," Altman said during a recent episode of "Unconfuse Me," a podcast hosted by Bill Gates. Altman, whose company makes ChatGPT, made a point of noting that today's AI systems "certainly can't do [those] jobs" for you. CodingChatGPT can help programmers finish their work as much as three times faster than usual, Altman said. Some educators have worried that tools like ChatGPT could make it easier for students to cheat on assignments.
Persons: ChatGPT, Sam Altman, Altman, Bill Gates, OpenAI, Coders, coders, Gates, Dr, Tovah Klein, Healthcare OpenAI's chatbot, Jesse Ehrenfeld Organizations: Healthcare, Stanford, University of California, Educational, AIs, ASU, GSV, Barnard College, CNBC, American Medical Association Locations: Berkeley, San Diego
2023 wasn't a good year for the health-care sector, but some investors expect it to make a comeback this year — highlighting biotech and medical tech as areas to watch. But now, Citi believes that "astute investors may find themselves with a trove of rebound opportunities." Citi's top picks in biotech include Biomea Fusion , Alnylam Pharmaceuticals , and Immunovant . Jared Holz, health-care sector strategist at Mizuho Securities Americas, named biotech firm Biogen as one of his top trading ideas for 2024. "Biotech has commanded everyone's attention, but the recovery of many best-in-class medical device companies post the GLP-1 selloff has been remarkable," Orton said.
Persons: There's, Jared Holz, Biogen, Trent, medtech, Matt Orton, Orton Organizations: Citi Global Wealth Investments, U.S . Healthcare, Citi, Biomea, Alnylam Pharmaceuticals, Mizuho Securities Americas, Biogen, medtech, Raymond James Investment Management, Medical, Biotech, Abbott Laboratories Locations: U.S, Alphinity, medtech
BAINBRIDGE, Ga. (AP) — Some local residents and an animal-rights group are protesting plans for a monkey-breeding facility in southwest Georgia. Political Cartoons View All 253 ImagesThe Bainbridge facility would provide a domestic source of monkeys to offset imports, the company said. “PETA urges Bainbridge officials to withdraw their support and shut down this project before a shovel hits the dirt," she wrote. The company and local officials said the nonprofit and community's concerns are baseless. Local officials in December agreed to property tax breaks for the project — waiving them for the first 10 years and then gradually decreasing tax breaks until they end after 20 years.
Persons: didn’t, Charles River, we’d, ” Ted Lee, Lisa Jones, Engel, ” Jones, Bainbridge, Rick McCaskill, ” McCaskill Organizations: Council, Medicine, Charles River Laboratories, PETA, Development Authority of, Local Locations: BAINBRIDGE, Ga, Georgia, Bainbridge, Cambodia, Brazoria County , Texas, Houston, U.S, Development Authority of Bainbridge & Decatur County
Many of his medical achievements came at the cost of the health and well-being of enslaved Black women. He performed surgical experiments on enslaved Black women, often without the use of anesthesia. Black women were experimented on to improve health care for white womenSocietal, institutional, and systemic racism has endangered the lives of Black women for centuries. In a 2023 CDC study , Black women reported experiences of mistreatment during maternity care at the highest rate of women surveyed. As enslaved Black women were considered to be the property pf their owners, and therefore did not have their own rights of refusal, Sims' experimented on Black women in order to improve gynecological outcomes for white women.
Persons: Marion Sims, , J, Sims, Spencer Platt, fistulas, Lucy, Black, Julia Axelrod, Henrietta, Fannie Lou Hamer, sterilizing, vesicovaginal fistulas Organizations: Gynecology, Service, Design, Parks Department, Park, 103rd, Getty, Equity Locations: New York, Central, Mississippi, CDC, Montgomery
YouTube is taking steps to fight against medical misinformation, especially when it comes to finding immediate tips on how to handle an emergency. YouTube users in the U.S. can find videos on 12 topics, including CPR, seizures, choking, bleeding and psychosis. The videos will not contain ads, which means Google -owned YouTube won't make money from them, Graham said. Content moderation has long been a challenge for YouTube, which removes videos if they're found to be in violation of the company's guidelines. Even as the pandemic has subsided, medical misinformation continues to proliferate.
Persons: Brigham, Garth Graham, Graham, they're Organizations: YouTube, CNBC, Mass, Cross, American Heart Association, Sleep Locations: U.S, Mexican
"The aging population discussion in recent years has mostly revolved around future challenges to labor productivity and its economic growth implications," he said. AI, robotics and wearables The aging population stands to gain significantly from breakthroughs in robotics powered by artificial intelligence, according to Afzal. Arelis Agosto, research analyst at Global X ETFs, said wearables technology is one interesting area to invest in for the aging theme. "We view self-sustaining monitoring and therapeutic systems as the future of patient care, though it is particularly beneficial for elderly patients," Agosto said. Global X ETFs, a fund management company, offers a way to tap the aging theme through its Aging Population ETF.
Persons: Shams Afzal, There's, Afzal, Stryker, Dani Saurymper, Saurymper, Arelis Agosto, Agosto Organizations: Carnegie Investment, CNBC Pro, Stryker, EU, Longevity, Global, Carnegie, Abbott Laboratories, Agosto Locations: U.S, GLP, Agosto
Lilly's Zepbound recently entered the weight loss market, and is off to a strong start. But what's ahead for the weight loss trade in 2024? Beyond weight loss One of 2023's most pivotal events in the space was Novo Nordisk's release of top line results from its Select trial in August . In 2023, the exuberance around weight loss drugs roiled markets in many unexpected ways. The affected companies have also been very vocal in addressing how they plan to coexist with these weight loss products.
Persons: Oprah Winfrey, Eli Lilly, they've, Lilly's, Lilly's Zepbound, Andy Acker, Janus Henderson's, Lilly, Novo, FactSet, Acker, Janus, Buzz, Gregory Renza, Renza, Goldman Sachs, Chris Shibutani, Mike Kratky, Kratky, Dexcom, Leerink, Winfrey, I've, Winfrey's, Michael Bloom Organizations: Novo Nordisk, Wall Street, Wall, RBC Capital, Pfizer, Structure Therapeutics, AstraZeneca, Leerink, Nestle, Oprah Daily, Winfrey, International Locations: Friday's, Eccogene, MedTech, 3Q23
Inflation slowed to a 3.1% annual rate in November
  + stars: | 2023-12-12 | by ( Jeff Cox | ) www.cnbc.com   time to read: +3 min
While the monthly rate indicated a pickup from the flat CPI reading in October, the annual rate showed another decline after hitting 3.2% a month earlier. The consumer price index, a closely watched inflation gauge, increased 0.1% in November, and was up 3.1% from a year ago, the Labor Department reported Tuesday . Economists surveyed by Dow Jones had been looking for no gain and a yearly rate of 3.1%. Food prices increased 0.2%, boosted by a 0.4% jump in food away from home. On an annual basis, food rose 2.9% while energy was down 5.4%.
Persons: Dow Jones, Liz Ann Sonders, Charles Schwab, Lisa Sturtevant Organizations: Labor Department, Federal Reserve, Treasury, Bright MLS, Fed, CNBC Fed Survey, CNBC PRO
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