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DENVER (AP) — President Joe Biden will try to turn Rep. Lauren Boebert of Colorado into the embodiment of Republican opposition to his agenda as he visits her congressional district on Wednesday. Biden plans to tour CS Wind, the world’s largest facility for wind tower manufacturing, in the town of Pueblo. The White House said the data indicates that Biden's policies are expanding economic opportunity. He spoke at a Tuesday night fundraiser in Denver, where he said Trump and Republicans wanted to abandon his administration's efforts. Biden also said Republicans want to cut Social Security and Medicare, benefits that are crucial for many elderly Americans.

Persons: Joe Biden, Lauren Boebert, Biden, Donald Trump, MAGA, Boebert, Adam Frisch, Rosalynn Carter, Jimmy Carter, Trump, “ We’re, ” Biden, ”, “, ___ Megerian Organizations: DENVER, Republicans, CS, Democratic, Treasury Department, White, MAGA Republicans, Congressional, Social Security, Pueblo Locations: Colorado, Pueblo, Israel, Pennsylvania, ”, Atlanta, Denver, America, United States, Washington

☆ How 3 big Supreme Court cases could derail the government
▼ + stars: | 2023-11-29 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +7 min

On Wednesday, the Supreme Court is hearing a case challenging the authority of federal agencies. AdvertisementThree major Supreme Court cases could upend the way the government works — and put Americans' federal benefits and consumer protections at risk. These are the other big cases to follow on the Supreme Court's docket. AdvertisementChanging how the federal government is allowed to make regulationsAnother Supreme Court challenge has big implications for the way all federal agencies function. AdvertisementThe Supreme Court will likely issue final decisions on these cases by June.

Persons: —, George Jarkesy, Jarkesy, Sheila Bair, Loper, Raimondo Organizations: Service, SEC, Securities and Exchange Commission, Center, American Progress, Social Security, Social Security Administration, Financial, Community Financial Services Association of America Ltd, Federal, Fifth Circuit, Federal Deposit Insurance, Loper Bright Enterprises, National Marine Fisheries Locations: Chevron

☆ Opinion: Nikki Haley is ready for her closeup
▼ + stars: | 2023-11-28 | by ( Opinion Nicole Hemmer | ) edition.cnn.com time to read: +10 min

Nikki Haley is instructive. But nowhere does it talk in depth about policy or what the Koch brothers’ organization represents within the Republican coalition. What makes Haley interesting in this race is not, in fact, her position in the polls but her position in the party. Haley was, after all, Trump’s ambassador to the United Nations, an interesting position for someone who so sharply diverges from Trump’s ostensibly non-interventionist foreign policy. Or maybe it’s Haley, the standard-bearer for a more inclusive Republican Party, defined by her identities as a woman and Indian-American.

Persons: Nicole Hemmer, Carolyn T, Robert M, “, Who, Clinton, Hillary Clinton’s, Donald Trump’s, ”, Trump, Voters don’t, —, Nikki Haley, Haley, George W . Bush, Paul Ryan, David, Charles Koch, Koch, it’s Haley, Patrick Hruby, Jon Stewart, Colbert Organizations: Rogers Center, Vanderbilt University, “ Partisans, Conservative, CNN, Trump, —, Voters, Republican, South Carolina Gov, Prosperity, The New York Times, GOP, United Nations, Social Security, Republican Party, United Auto Workers, Columbia Journalism, New York Times, Washington Post, Times, Post, Political Journalism Locations: Trump, Afghanistan, Iran, Ukraine, Charleston, Detroit

☆ Even Most Biden Voters Don’t See a Thriving Economy
▼ + stars: | 2023-11-28 | by ( Lydia Depillis | More About Lydia Depillis | ) www.nytimes.com time to read: +2 min

But the White House has addressed a few specific costs that matter for families, by releasing oil from the Strategic Petroleum Reserve to contain surging oil prices in late 2022, for example. The more the administration talks about its concrete efforts to lower prices, the more Mr. Biden will benefit, Mr. Doss said. “When I talk about the economy, it’s just inflation, and to me inflation is systemic and coming from the Trump administration,” Ms. McDowell said. Moreover, she sees the situation healing itself, and thinks Mr. Biden is doing the best he can given the challenges of the wars in Ukraine and now Gaza. Because they’ve got jobs,” Ms. McDowell said.

Persons: Biden, Doss, —, Kendra McDowell, Trump, ” Ms, McDowell, they’ve, Ms, “, ” Organizations: Strategic Petroleum Reserve, Medicare Locations: Harrisburg, Pa, Ukraine, Gaza

☆ More employers offer a Roth 401(k) — and a Secure 2.0 change may prompt more workers to use it
▼ + stars: | 2023-11-27 | by ( Greg Iacurci | ) www.cnbc.com time to read: +4 min

That share has increased significantly over the past decade: Just 58.2% of employers made a Roth 401(k) available in 2013, PSCA found. Workers pay tax up front on 401(k) contributions, but investment growth and account withdrawals in retirement are tax-free. High earners may also mistakenly think there are income limits to contribute to a Roth 401(k), as there are with a Roth individual retirement account. Those that don't already do so must allow Roth contributions to facilitate this change, or disallow catch-up contributions, according to Principal. When Roth 401(k), IRA savings makes senseRoth 401(k) contributions may not be wise for all workers.

Persons: Roth, PSCA, Hattie Greenan, —, Greenan, Ted Jenkin, Jenkin Organizations: Getty, of America, Finance, Workers, Companies, Employers, CNBC, CNBC's

☆ Idaho asks Supreme Court to let abortion law that penalizes doctors to take full effect
▼ + stars: | 2023-11-27 | by ( Ariane De Vogue | ) edition.cnn.com time to read: +3 min

CNN —Idaho asked the Supreme Court on Monday to allow its state abortion ban that imposes penalties on doctors who perform abortions to take full effect despite federal requirements for emergency room doctors. But a district court blocked the law in hospital emergency rooms that receive Medicare funding, holding that the state law interferes with a federal Medicare statute. The United States sued, claiming that a provision of a federal Medicare statue – the Emergency Medical Treatment and Labor Act (EMTALA) preempts Idaho’s law in emergency rooms. The federal law requires hospitals to provide stabilizing care to emergency room patients regardless of their ability to pay. Now the state, represented by a conservative legal group that opposes abortion, is asking the Supreme Court to step in on an emergency basis to put the district court ruling on hold while appeals play out.

Persons: ”, preempts, Lynn Winmill, “, Dobbs, Erin Hawley, Alliance Defending Freedom, EMTALA Organizations: CNN, Idaho, Idaho’s Defense, United, Labor, Court, of, Alliance Defending Locations: Idaho, United States, of Idaho, Idaho’s, “, Texas

☆ Nikki Haley’s Medicare Advantage
▼ + stars: | 2023-11-24 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Images: AFP/Getty Images Composite: Mark KellyFew politicians are willing to touch entitlements these days, but Nikki Haley dared to do so in the recent debate on Medicare. A new study shows her pitch to expand the Medicare Advantage program could lower costs and improve care. Medicare Advantage plans are growing rapidly and cover about half of the entitlement’s beneficiaries. Private insurers administer the plans and are paid by Medicare per beneficiary. Insurers compete for patients by offering benefits, including vision and dental care that aren’t available in traditional fee-for-service Medicare.

Persons: equivocates, Haley, Trump, Mark Kelly, Nikki Haley Organizations: Getty, Medicare

☆ This tax-smart charitable donation strategy is like 'hitting two birds with one stone,' advisor says
▼ + stars: | 2023-11-24 | by ( Kate Dore | Cfp | ) www.cnbc.com time to read: +2 min

The strategy, known as qualified charitable distributions, or QCDs, allows retirees to transfer money from an individual retirement account to an eligible nonprofit organization. "It's like hitting two birds with one stone," said certified financial planner Sean Lovison, founder of Philadelphia-area Purpose Built Financial Services. If you're age 70½ or older, you can use a QCD to donate up to $100,000 for 2023. How QCDs provide a tax breakSince 2018, there's been a higher standard deduction, which makes it tougher to claim a tax break for charitable gifts. If you're age 73 or older, QCDs can also cover your required minimum distributions, which otherwise would have boosted income, experts say.

Persons: there's, Sean Lovison, Marguerita Cheng, Kevin Brady, aren't, Ольга Носова Organizations: Blue, Global Wealth, CNBC's, Social Security, Wealthspire Advisors Locations: Philadelphia, Gaithersburg , Maryland, New York

☆ You can get Covid-19 and flu vaccines at the same time, but should you? What the science says
▼ + stars: | 2023-11-24 | by ( Brenda Goodman | ) edition.cnn.com time to read: +5 min

CNN —With holiday season underway, you may be realizing that you forgot to get your Covid-19 and flu vaccines, and now you’ll be sitting across the table from your elderly relatives. Covid-19 vaccines were updated this year to target one strain of the coronavirus rather than two. “The flu vaccine might have been an adjuvant for the Covid vaccine,” she said. Moss led a recent study that compared neutralizing antibody responses of 53 Israeli health care workers who received their bivalent Covid-19 vaccines separately or with a flu shot. Blood samples from these health care workers were equally able to prevent Covid-19 and flu viruses from infecting cells, whether they got their vaccines together or separately.

Persons: Mandy Cohen, ” Cohen, “, ”, Susanna Barouch, Barouch, they’re, Stephen Moss, Moss, ” Moss, Dr, Sanjay Gupta, William Schaffner Organizations: CNN, US Centers for Disease Control, CDC, US Food and Drug Administration, University of Michigan, Pfizer, CNN Health, Vanderbilt University Locations: Boston, Cambridge , Massachusetts, Netherlands

☆ Every country needs an Inflation Reduction Act
▼ + stars: | 2023-11-23 | by ( Antony Currie | ) www.reuters.com time to read: +9 min

REUTERS/David Gray/File Photo Acquire Licensing RightsMELBOURNE, Nov 23 (Reuters Breakingviews) - Lawmakers in South Korea blasted the U.S. Inflation Reduction Act as a betrayal. Yet concerns about market distortion from the policy intended to stimulate investment in the energy transition and signed into law by President Joe Biden in August 2022 are easing. The Biden administration’s willingness to negotiate on its package of $370 billion of tax breaks and other measures has helped. Reuters GraphicsTrouble is, governments also need to show that they will be fiscally responsible stewards of the energy transition in the short term – especially with inflation still a threat and budgets under pressure. In a speech on Nov. 2 about enabling Australia’s energy transition, Treasurer Jim Chalmers said that “incentives like the type we’ve seen in the Inflation Reduction Act in the United States can be part of an answer but they’re not the whole answer”.

Persons: David Brockwell, David Gray, Australia’s Fortescue, FMG.AX, Joe Biden, Biden, –, Goldman Sachs reckons, ’, Uncle Sam, Fumio, Jim Chalmers, they’re, Chalmers, Una Galani, Thomas Shum Organizations: REUTERS, Rights MELBOURNE, Reuters, Australia, Washington, European, of America, Labor Energy Partnership, U.S, Canberra, Climate Energy Finance, Climate Capital Forum, Deloitte, National Australia Bank, quicken, Thomson Locations: Lake George, Canberra, South Korea, United States, Seoul, European Union, U.S, Japan, Washington, EU, Australia

"A fiscal commission is direly needed," Republican Senator Mike Braun, a Budget Committee member, said in an interview. It circulated ideas from a dozen experts on how a commission could offer up solutions for taming deficits and debt. Other recommendations included subjecting high-income earners to more Social Security taxes and gradually raising the age for full retirement benefits to 69 from the current 67. A commission, said independent Senator Bernie Sanders, who caucuses with Democrats, would simply be "a backdoor way to get into cutting Social Security." Sanders embraced lifting the cap on taxable income to extend the life of the Social Security trust fund.

Persons: Kevin Wurm, Mike Braun, Braun, Moody's, Fitch, Michael Peterson, Peter G, Mark Zandi, Dana Peterson, Lori Esposito Murray, Joe Manchin, Mitt Romney, Bernie Sanders, Sanders, Richard Cowan, Moira Warburton, Grant McCool Organizations: U.S, Capitol, REUTERS, Rights, Congress, Treasury Department, Republican, AAA, Peterson Foundation, Conference Board, Democratic, Representatives, Social Security, Social, Thomson Locations: Washington , U.S

☆ Retirees face significantly higher Medicare Part D prescription drug premiums in 2024. What to know
▼ + stars: | 2023-11-21 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Fatcamera | E+ | Getty ImagesA new law is poised to cap seniors' prescription drug costs covered under Medicare, starting in 2025. But retirees may be in for a shock next year — significantly higher Medicare Part D premiums for prescription drug coverage. That represents an increase ranging from $128.32 to $380.96 from 2023 to 2024, according to the firm. watch nowInsurers may pay higher costs due to the higher out-of-pocket limits, and higher premiums is a way of getting beneficiaries to share that burden, according to Ron Mastrogiovanni, founder & CEO of HealthView Services. High-income beneficiaries will pay higher premiums.

Persons: Ron Mastrogiovanni, Mastrogiovanni, Juliette Cubanski, Cubanski, Michael Daley, Daley Organizations: Medicare, HealthView Services, Research, Social Security Locations: California, Florida , New York , Pennsylvania, Texas, KFF

Yet according to a raft of polls and surveys, most Americans hold a glum view of the economy. Polls consistently show that most Americans disapprove of Biden's handling of the economy. I hear that from my family.”That's particularly true for some of the goods and services that Americans pay for most frequently: Bread, beef and other groceries, apartment rents and utilities. “Partly because the country is more polarized.”Even so, many Americans, like Charles, are still feeling the pain of inflation. Even if it does, the higher pay may come with a time lag.

Persons: they’re, Joe Biden, Lisa Cook, Cook, ”, Wendy Edelberg, Katherine Charles, Charles, “, ” Charles, Maximus, Eileen Cassidy Rivera, ” Rivera, Karen Dynan, George W, Bush, Obama, Edelberg, ” Edelberg, haven't, Brad Hershbein, Anthony Murphy, Murphy, Aparna Jayashankar, ” Hershbein Organizations: WASHINGTON, Associated Press, NORC, for Public Affairs Research, Federal Reserve's Board of Governors, Duke University, “, Brookings Institution, Medicare, Affordable, Teamsters, Biden, House, Republicans, University of Michigan's, Harvard, Upjohn Institute, Federal Reserve Bank of Dallas Locations: U.S, Tampa , Florida, autoworkers, ”

☆ Here’s a rapid-fire update on all 35 stocks in our portfolio, including a new industrial
▼ + stars: | 2023-11-15 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +14 min

Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Honeywell International (HON): This is the most undervalued stock in our portfolio, Jim said. In a diversified stock portfolio, Jim said there's always room for high-quality companies like P & G, which also has a track record of raising its dividend. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. Here's a rapid-fire update on all the stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club.

Persons: Jim Cramer's, Jim, Bausch, That's, Dupont De Nemours, Dupont, Danaher, Walt Disney, Estee Lauder, Locker, Vimal Kapur, we're, We've, we've, Linde, Eli Lilly, Eli, hasn't, Mark Zuckerberg, Meta's, Zuckerberg, Morgan Stanley, Morgan Stanley's, Ted Pick, James Gorman, he's, there's, Patience, Stanley Black, Decker, Wells Fargo, Jim Cramer Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Amazon Web Services, Broadcom, VMWare, Bausch Health, Caterpillar, Costco Wholesale, Coterra Energy, Disney, Eaton Corp, Emerson, Ford, Union Auto Workers, GE Healthcare Technologies, General Electric, GE, Management, Google, YouTube, Honeywell International, Honeywell, Linde, LIN, Reality Labs, Microsoft, Nvidia, U.S, Oracle, Palo Alto Networks, Procter & Gamble, Starbucks, Constellation Brands, Corona, Modelo, Stanley, TJX, Wynn Resorts, WYNN, Trust Locations: China, India, Salesforce's, redeploy

☆ Fact Check: Women’s birthing-duty quote misattributed to US House Speaker Johnson
▼ + stars: | 2023-11-15 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

U.S. House of Representatives Speaker Mike Johnson did not say that a woman’s duties include giving birth to able-bodied workers, according to his spokesperson, despite posts online sharing the quote. The quote attributed to Johnson in a post on Instagram (archived), reads: “Every Woman has a duty to birth at least one able-bodied worker.” A similar quote was shared on Facebook (archived). In a May 2022 House Judiciary Committee hearing, Johnson did suggest that abortion deprives the national economy of potential “able-bodied workers”, during a discussion of the Supreme Court’s anticipated overturning of Roe v. Wade. We’re all struggling here to cover the bases of Social Security and Medicare and Medicaid and all the rest. U.S. House Speaker Mike Johnson has previously suggested that millions of able-bodied workers were lost to the economy due to abortion, but has not stated publicly that a woman’s duty is to give birth to able-bodied workers.

Persons: Mike Johnson, Johnson, Raj Shah, Roe, Wade, Johnson’s, ”, “ Roe, Donald Trump’s, Read Organizations: House, Facebook, Reuters, YouTube, Social Security, Judiciary, Democratic National Committee, Thomson Locations: America

☆ US Congress tries to overcome partisan logjam to avert government shutdown
▼ + stars: | 2023-11-14 | by ( David Morgan | ) www.reuters.com time to read: +5 min

REUTERS/Nathan Howard/File Photo Acquire Licensing RightsWASHINGTON, Nov 14 (Reuters) - U.S. House Speaker Mike Johnson's plan to avert a government shutdown faces a key test on Tuesday, as he tries to overcome hardline opposition from his own Republican conference, even as some Democrats signal tentative support for the measure. Senate Majority Leader Chuck Schumer, Congress' top Democrat, gave a tentative welcome to the proposal on Monday. But House Republican hardliners are threatening to use procedural roadblocks to stop the bill from advancing. With a slim 221-213 majority, the Republican speaker can afford to lose no more than three party votes on legislation that Democrats oppose. They claim the bill also leaves in place policies favored by prominent Democrats including Senate Majority Leader Chuck Schumer and Representative Nancy Pelosi, the former House speaker.

Persons: Mike Johnson, Nathan Howard, Mike Johnson's, Johnson, Joe Biden, Chuck Schumer, Schumer, Chip Roy, Roy, bipartisanship, Nancy Pelosi, Nancy Pelosi's, Andrew Clyde, Biden, McCarthy, David Morgan, Moira Warburton, Scott Malone, Richard Chang Organizations: U.S, Capitol, REUTERS, Rights, ., Republican, Democratic, Republicans, Food and Drug Administration, House, Social Security, Total U.S, Thomson Locations: Washington , U.S, Mexico

Political Cartoons View All 1244 Images“They ask questions but they don’t tell us what is going on,” Hawkins said of CMS. If trends continue, as many as 30 million people could end up being dropped from Medicaid once states finish reviewing their Medicaid rolls, according to Avalere's projections. The numbers dwarf the Biden administration’s initial projections that only 15 million people would lose coverage throughout the process. “We have to say it’s going poorly,” Massey Whorley, a principal at Avalere, said of the Medicaid redeterminations. Some Texas lawmakers have asked CMS to investigate issues in the state, where nearly 1 million have lost Medicaid.

Persons: Biden, Avalere, ”, Trevor Hawkins, Hawkins, “, ” Hawkins, they’ve, Xavier Becerra, Daniel Tsai, Tsai, Lily Mezquita, Mezquita, ” Massey Whorley, I’ve, Gavin Lesnick, Lesnick, Lynn Hearn, Hearn, We’ve, we’ve, ” Hearn, Mallory McManus, Cassidy Estes, Rogers, didn't, Estes, Graciela Camarena, Camarena, Jennifer Ruffcorn, Jennifer Wagner, ___ Hunter, Robert Wood Johnson Organizations: WASHINGTON, Medicaid, Legal Aid, Centers, Medicare, Services, CMS, Democratic, Human Services, HHS, CMS Center, Children’s Health Insurance, Biden, AP, state's Department of Human Services, Florida Health Justice, Florida Department of Children, Charlotte Center, Legal, Children's Defense Fund, Texas, Texas Health, Center, Budget, Associated Press Health, Science Department, Robert Wood Johnson Foundation Locations: Florida, Arkansas, Texas, Miami , Florida, Avalere, North Carolina, Atlanta

☆ The UAW’s deal to end the auto strike could be in trouble
▼ + stars: | 2023-11-14 | by ( Chris Isidore | ) edition.cnn.com time to read: +4 min

The Ford vote in Kentucky showed 55% of the members at the Kentucky Truck plant voting against the deal. That plant went on strike with little notice on October 12, about three weeks into the strike that targeted specific plants at the company. Members at Ford’s nearby Louisville Assembly plant who belong to the same union local voted 53% in favor of the deal. A vote tracker on the UAW site shows that 65% of members at Ford who have voted so far approve of the deal. So far the vote at Stellantis has overwhelming support, with 82% of the members who have voted supporting the deal.

Persons: Mack Truck, Spokespeople, Shawn Fain, Fain, Stellantis Organizations: New, New York CNN, General Motors, Ford, GM, Kentucky, UAW, Flint, Facebook Locations: New York, Louisville , Kentucky, Flint , Michigan, Kentucky, Ford’s, Louisville, Dearborn Michigan, Stellantis, Marysville , Michigan, Detroit

It was costing us $8,000 out of pocket to have people come into my mom’s house to help her, and that was only eight hours a day. She was in rehab for the maximum number of days that Medicare will cover and couldn’t return home. Because she owned a house, had two rentals, savings and two cars, she had to pay long-term care costs out of her pocket. The state says we still owe close to $20,000 for the year Medicaid paid for her nursing home. It was awful — personally all the time and energy and money to do this for her — and it was great.

Persons: I’m, —, that’s, Bryan Ness Organizations: Medicaid

WASHINGTON, Nov 13 (Reuters) - U.S. House of Representatives Speaker Mike Johnson's plan to avoid a partial government shutdown secured tentative support from top Senate Democrat Chuck Schumer on Monday, even as some of Johnson's hardline Republican colleagues pushed back against it. Without changes, the Texas Republican said he would oppose efforts to bring the bill to the floor. The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time.

Persons: Mike Johnson's, Chuck Schumer, Schumer, Chip Roy, Roy, Hakeem Jeffries, Kevin McCarthy, Joe Biden, Johnson's, centrists, Mike Johnson, Elizabeth Frantz, Johnson, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Republican George Santos, Perry, Karine Jean, Pierre, Biden, McCarthy, David Morgan, Moira Warburton, Steve Holland, Scott Malone, Andrea Ricci, Richard Chang Organizations: . House, Senate, Texas Republican, Republican, Democratic, U.S . House, U.S, Capitol, REUTERS, Food and Drug Administration, House, White, Caucus, White House, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S

☆ Hardline Republicans push back on US House speaker's plan to avert shutdown
▼ + stars: | 2023-11-13 | by ( David Morgan | ) www.reuters.com time to read: +6 min

The bill is intended to pressure the House and Senate to agree on spending bills for fiscal 2024 by the assigned dates. Johnson warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement on full-year spending. Democrats had worried that Republicans would put defense and other party priorities in the first tranche and then let the remaining programs shut down. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting among Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.

Persons: Mike Johnson, Elizabeth Frantz, Johnson, Bob Good, Kevin McCarthy, Joe Biden, Johnson's, centrists, Good, Marjorie Taylor Greene, Warren Davidson, Scott Perry, Andrew Clyde, Chip Roy, Republican George Santos, Perry, Chris Murphy, Biden, McCarthy, David Morgan, Scott Malone, Andrea Ricci, Richard Chang Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Caucus, White House, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana

☆ Novo Nordisk shares rise as Wegovy shows heart benefits beyond weight loss
▼ + stars: | 2023-11-13 | by ( Maggie Fick | ) www.reuters.com time to read: +3 min

LONDON, Nov 13 (Reuters) - Novo Nordisk (NOVOb.CO) shares rose 3% on Monday as the market reacted to data the drugmaker presented over the weekend showing that the heart protective benefits of its popular obesity drug Wegovy are not solely due to weight loss. Wegovy is part of a class of drugs that mimic a gut hormone that helps regulate blood sugar and appetite. U.S. companies across sectors such as food and beverage makers have addressed investor concerns on the potential impact to their businesses from the growing popularity of the promising weight-loss drugs. Novo was first to market with its highly effective weight loss drugs. At the close of markets on Friday, Novo's shares were up 47.5% this year.

Persons: Markus Manns, Jefferies, Wegovy, Novo, Eli Lilly's, Lilly, Novo's, Maggie Fick, Boleslaw Lasocki, Medha Singh, Louise Heavens Organizations: Novo Nordisk, Novo, Union Investment, Reuters, Pfizer, Jefferies, U.S, Thomson Locations: United, Germany, Novo, U.S, Bengaluru

☆ New US House speaker tries to muster his Republicans to avert government shutdown
▼ + stars: | 2023-11-13 | by ( David Morgan | ) www.reuters.com time to read: +6 min

[1/2] Newly elected Speaker of the House Mike Johnson (R-LA) addresses the U.S. House of Representatives after he was elected to be the new Speaker at the U.S. Capitol in Washington, U.S., October 25, 2023. Johnson also warned Democrats that House Republicans would impose a full-year CR for 2024 "with appropriate adjustments to meet our national security priorities" if Congress fails to reach agreement. House Republicans are aiming for a Tuesday vote. Failure to hit that benchmark led to McCarthy's ouster, but some House Republicans suggested Johnson deserved more time. The brutal infighting that has characterized Republicans this year, including the party's own rejection of three seasoned nominees for House speaker, coincides with falling federal revenues and mounting costs for interest, health and pension outlays.

Persons: Mike Johnson, Elizabeth Frantz, Johnson's, Kevin McCarthy, Joe Biden, Johnson, centrists, Marjorie Taylor Greene, Warren Davidson, Chris Murphy, Murphy, Tom Cole, Biden, McCarthy, Ken Buck, David Morgan, Scott Malone, Andrea Ricci Organizations: U.S . House, U.S, Capitol, REUTERS, Rights, . House, Republican, Democratic, Senate, Food and Drug Administration, House, White, Firebrand, NBC, Republicans, Social Security, Total U.S, Thomson Locations: Washington , U.S, Washington, Louisiana

☆ Biden’s Race Against a Cure
▼ + stars: | 2023-11-13 | by ( The Editorial Board | ) www.wsj.com time to read: 1 min

Wonder Land: Citing the president’s age lets Democrats off the hook for the political failure of his economic policies. Images: AP/AFP/EPA/Getty Images Composite: Mark KellyThe Food and Drug Administration may soon approve two gene therapies with the potential to cure more than 100,000 Americans with debilitating sickle-cell disease. Gene therapies fix missing or defective genes. The one-time treatments have the potential to cure inherited disorders with early death sentences. The FDA has approved nine gene therapies for such diseases as Duchenne muscular dystrophy, spinal muscular atrophy and retinal dystrophy.

Persons: Mark Kelly The Organizations: AFP, EPA, Drug Administration, Medicare, Medicaid Services, FDA

☆ It's open enrollment season for health coverage. If you're self-employed, you can't afford to ignore it
▼ + stars: | 2023-11-13 | by ( Cheryl Winokur Munk | ) www.cnbc.com time to read: +6 min

Picking health insurance on your own — without the help of a human resources department — can be daunting. Instead of throwing up your hands in frustration, here are answers to questions self-employed individuals often have about open enrollment. Doing nothing will mean they are automatically reenrolled in last year's marketplace plan. How much health insurance costs the self-employed Cost will vary, depending on the plan you choose, who is covered and what subsidies you're eligible for. If you want more specific help, you can also choose to work with an agent or broker who is trained and certified to sell marketplace health plans in the state they are licensed.

Persons: Anthony Lopez, Alexa Irish, Laura Speyer, enrollees, Lopez, You'll Organizations: Getty, Centers, Medicare, Medicaid Services, U.S . Department of Health, Human Services, deductibles, state's Department of Insurance Locations: trepidation, eHealth

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