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☆ Typhoon Krathon: Taiwan warns of possible ‘catastrophic’ impact ahead of storm landfall
▼ + stars: | 2024-10-01 | by ( Eric Cheung | Robert Shackelford | ) edition.cnn.com time to read: +3 min

Super Typhoon Krathon, equivalent to a Category 4 Atlantic hurricane, is currently situated in the Bashi Channel in the northern part of the Luzon Strait, between Taiwan and the Philippines. As of 11:30 a.m. local time Tuesday, it had winds of 240 kph (150 mph), according to the Joint Typhoon Warning Center (JTWC). The storm, known locally in the Philippines as Julien, has already lashed the country’s northernmost islands, prompting evacuations and severe flooding in coastal communities. Rescuers help residents as they negotiate floods caused by powerful Typhoon Krathon locally called "Typhoon Julian" at Bacarra, Ilocos Norte province, northern Philippines on Monday, September 30, 2024. Krathon is set to be the second typhoon to make landfall on Taiwan this year, after Typhoon Gaemi struck the island in July, killing 11 people.

Persons: Julien, Julian, Bernie Dela Cruz, “, Krathon, Lai Ching, Chen Chi, Sun Li, Typhoon Gaemi Organizations: Taiwan CNN, Super, Typhoon Warning, Philippine News Agency, Central Emergency Operations Center, Weather Administration Locations: Taipei, Taiwan, Philippines, Luzon, Taiwan’s, Kaohsiung, Bacarra, Ilocos Norte, Taiwan’s Hualien

☆ Is Bill Gates too rich? 'I would take away 62% of what I have,' he says
▼ + stars: | 2024-09-30 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +2 min

When an interviewer asked Gates directly if he believed he was "too rich," the billionaire avoided giving a "yes" or "no" answer. Gates is personally invested in the issue: His nonprofit Bill & Melinda Gates Foundation has donated billions of dollars to address global problems like poverty and inequity. He's previously stated that the wealthiest people, himself included, should pay much higher tax rates. "I'm for a tax system in which, if you have more money, you pay a higher percentage in taxes. I think the rich should pay more than they currently do," Gates wrote in a 2019 blog post.

Persons: Bill Gates, Gates, Melinda Gates, He's, Kara Swisher, Sen, Bernie Sanders, Sanders Organizations: Microsoft, Forbes, Netflix, Melinda Gates Foundation Locations: New York

☆ Why Kamala Harris and Donald Trump Are Courting the Crypto Crowd
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. Related storiesWhile Molly White, a crypto researcher and critic, described Harris' recent statements about crypto as "middle of the road," she said she thought the crypto industry was "definitely taking an optimistic view." The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

Persons: cryptocurrency, Crypto, Sen, Katie Porter, Jamaal Bowman, Sherrod Brown's, Bernie Moreno, Donald Trump, Kamala Harris, Trump, Harris, Marc Andreessen, Ben Horowitz, Andreessen Horowitz, Cameron, Tyler Winklevoss, He's, Adam Kovacevich, Joe Biden's, Gary Gensler, Lina Khan, Biden, Sheila Warren, Brian Hughes, Elizabeth Warren, Jon Tester, Bernie Sanders, Barron, it's, Robert Weissman, he's, She's, Chuck Schumer, Jared Polis of, Anthony Scaramucci, Mark Cuban, Ron Conway, Sherrod Brown, Kamala, she's, Rachael Horwitz, " Horwitz, Harris hasn't, Molly White, Horwitz, It's, There's, Weissman, Dan Cassino, Khan, Warren, that's, Emily Stewart Organizations: Democratic, Sherrod Brown's Republican, Gemini, Facebook, Trump, GOP, Republican, of, Democrats, Securities and Exchange, Federal Trade Commission, Crypto, Innovation, Liberty Financial, Public Citizen, Financial Times, Politico, Gov, Jared Polis of Colorado, Wall Street, Haun Ventures, Fairleigh Dickinson University, Capitol Hill, SEC, FTC, Chamber, Business Locations: Ohio, Wisconsin, Nashville, United States, Silicon Valley, That's, California, New York, America, bitcoin, Washington

☆ 2024 Election: Crypto Bros Could Swing Votes Toward Kamala or Trump
▼ + stars: | 2024-09-30 | by ( Emily Stewart | ) www.businessinsider.com time to read: +14 min

Trump and Harris have different reasons to try to attract the crypto community — donors, voters, the fact that the former president likes anyone who flatters him, etc. All of Trump's courting of the crypto industry is possible because Democrats left open an opportunity for him to pounce. In September, he unveiled his own crypto venture, World Liberty Financial. The crypto industry doesn't mind the attention it's getting from policymakers. What Harris or Trump will actually do on crypto is unclear, but that's not really the point right now.

☆ 'Saturday Night Live' has debuted its new cast of political characters. Here's who is playing who.
▼ + stars: | 2024-09-29 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +1 min

Go to newsletter preferences Thanks for signing up! Advertisement"Saturday Night Live" began its 50th season lampooning the upcoming US presidential election. The cameras were rolling live in 30 Rockefeller Plaza's studio 8H as former and current cast members tackled the 2024 presidential race and two of the biggest scandals of the election season. Sarah Palin may have even influenced the public's perception of her before the 2008 presidential election, according to The Washington Post. AdvertisementFans of the show had wondered who its producer, Lorne Michaels, would tap to play some of the key political roles.

Persons: Maya Rudolph, Kamala Harris, Bowen Yang, Ohio Sen, JD Vance, —, Vermont Sen, Bernie Sanders, Tina Fey's, Sarah Palin, Lorne Michaels, Here's who's Organizations: NBC, Service, Rockefeller, Research, Alaska Gov, The Washington Locations: Ohio, Vermont

☆ A bloc of Trump voters in key swing states also backs Democratic Senate candidates. Here's why that matters.
▼ + stars: | 2024-09-29 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

However, there's an interesting dynamic at play in pivotal swing states like Arizona, Michigan, and Pennsylvania headed into November: A relatively small but significant bloc of Trump voters are also backing Democratic Senate candidates. In Michigan, Democratic Rep. Elissa Slotkin led Rogers by five points (47% to 42%). If Harris wins in November and Democrats win exactly 50 seats, then Minnesota Gov. But should Trump win the election and pro-Trump ticket-splitters help Democrats keep their majority, it would pump the brakes on a conservative agenda. AdvertisementA Democratic Senate would serve as a check on Trump.

Persons: Donald Trump, —, John Kerry, — Blanche Lincoln, Byron Dorgan — coasted, Democrat Joe Biden, Republican Susan Collins, Kamala Harris, Harris, Biden, Trump, Kari Lake, Mike Rogers of, Bernie Moreno, David McCormick of, he's, Elissa Slotkin, Andrew Harnik, Democratic Sen, Sherrod Brown, Moreno, Brown, Ruben Gallego, Rogers, Bob Casey Jr, Tammy Baldwin, it'll, Montana Sen, Jon Tester, Republican Tim Sheehy, Tim Walz Organizations: Service, Democratic, GOP, Democrat, Republican, Trump, David McCormick of Pennsylvania, New York Times, Siena College, Buckeye State, Democratic Rep, Democrats, Minnesota Gov, Republicans Locations: Arkansas, North Dakota, Maine, Arizona , Michigan, Pennsylvania, Kari Lake of Arizona, Mike Rogers of Michigan, Bernie Moreno of Ohio, Siena, Arizona , Michigan , Ohio, Wisconsin, , Ohio, Michigan, Arizona, In Michigan, Sens, Ohio, Montana, Florida, Texas, Minnesota

☆ Insider Today: Austin's genius housing fix
▼ + stars: | 2024-09-28 | by ( Joi-Marie Mckenzie | ) www.businessinsider.com time to read: +7 min

This week's dispatchThe high cost of weight-loss drugsiStock; Rebecca Zisser/BIWhy are two popular weight-loss drugs — Wegovy and diabetes medication Ozempic — so expensive in the US? Patients also bargain-hunt for cheaper weight-loss drugs online, or try to use manufacturer-issued coupons. See the full listiStock; Rebecca Zisser/BIDeals we loveCalling all Madewell shoppers: The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The bi-annual Madewell Insiders sale is here with 25% off almost everything full-price and an additional 40% off sale. The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York City.

Persons: —, you've, Shailene Woodley, George Clooney, Rebecca Zisser, Ozempic, Lars Fruergaard Jorgensen, Sen, Bernie Sanders, it's, Gabby Landsverk, Ro, Henry Meds, Eli Lilly, Stefania Pelfini, Jenny Chang, Rodriguez, BI Marie, Mangin, Yellowstone Joey Hadden, Jackson, Wyoming's, Natalie Ammari, Zers, Austin, Tyler Le, Dan DeFrancesco, Jordan Parker Erb, Lisa Ryan, Amanda Yen, Grace Lett Organizations: Business, Service, Novo Nordisk, Federal Trade Commission, FDA, copycats, BI, Yellowstone, Austin, Lone Star, Disney, Pixar, British, Netflix, Insiders Locations: Washington ,, Germany, New York City, New York, Chicago

☆ For him or against him, young men see the election as all about Trump: From the Politics Desk
▼ + stars: | 2024-09-26 | by ( The Politics Desk | ) www.nbcnews.com time to read: +12 min

In today’s edition, national political reporter Ben Kamisar breaks down the latest installment of the NBC News Deciders Focus Group series, which featured young men from battleground states who are skeptical of both candidates. For him or against him, young men see the election as all about TrumpBy Ben KamisarNew focus groups of skeptical young men planning to vote in this fall’s most critical battleground states illustrate how, for them, this election is all about Donald Trump. The battle for young votersPolling has shown a significant gender gap in the presidential race, with Trump holding the upper hand among men and Harris with women. The two campaigns have been vocal about their attempts to win over young men — Trump through the world of influencers and combat sports, and Harris through targeted ads and the refrain about vice presidential nominee Tim Walz’s past as an assistant football coach. Read more → Follow live updates from the campaign trail →That’s all from the Politics Desk for now.

Persons: Ben Kamisar, Jonathan Allen, Donald Trump, —, Harris, ” “ Kamala Harris, MAGA, John M, Trump, “, ”, Drake, SurveyMonkey, — Trump, Tim Walz’s, → Harris, Garrett Haake, Sen, Mike McDonnell —, — Sen, Lindsey Graham, Jane Kleeb, McDonnell, Harris ’, Joe Biden, Ben Kamsiar, Kamala Harris ’, Donald Trump’s, Alex Conant, — we’ve, ” Conant, Read, loos Organizations: NBC, White House, Capitol, Capitol Hill, Trump, Wisconsin —, Syracuse University, Democratic, Republican Party, GOP, Trump reminisced, Congressional, Electoral, Republican, Democrats ’, Nebraska Democratic Party, NBC News, doling, Republicans, ntr, aig Locations: Nebraska, Michigan , Pennsylvania, Wisconsin, Pennsylvania, Philadelphia, Omaha, — Maine, Nebraska’s, Omaha —, Pennsylvania , Michigan, Georgia

By comparison, from Ohio’s March primary through August, Democrats held the edge, dropping $78.5 million on ads to Republicans’ $59 million. “Bernie’s special interest allies are dumping hundreds of millions of dollars into this race to try and defeat Sherrod because they know Sherrod will always stand up to them to do what’s right for Ohio,” Brown spokesperson Matt Keyes said in a statement. Democrats, who hold a one-seat majority in the Senate, are growing increasingly nervous about Sen. Jon Tester’s re-election bid in Montana. Democrats had a clear advertising advantage coming out of a contentious March primary that cost Moreno’s campaign millions of dollars to win. Close behind is WinSenate, a political action committee affiliated with the Democrats’ Senate Majority PAC, which has spent more than $22 million this month.

Persons: Sen, Sherrod Brown, Bernie Moreno, Brown, ”, Jai Chabria, JD Vance’s, “, Moreno, Sherrod, ” Brown, Matt Keyes, Jon Tester’s, Larry Hogan, Gary Peters of, “ We’re, ” Philip Letsou, Chuck Schumer, Kamala Harris, ” Letsou, Barack Obama, Donald Trump, “ Sherrod, Chris Grant, Moreno’s, it’s, beholden, Harris, Joe Biden, Bernie, Scott Guthrie, ” Peters, I’m, “ Jon Tester, ” Moreno, Reagan McCarthy, chastise Brown, Mary Ann, ” Mary Ann, Bernie Moreno’s, ” Chabria, Vance Organizations: CLEVELAND, Senate, Democratic, ’, GOP, Republican, Democratic Senatorial, National Press Club, National Republican Senatorial Committee, Democrat Party, lockstep, Democrats, Defend, Jobs, Fund, PAC, National Republican, Moreno’s, ” Locations: Ohio, Montana, Florida, Texas, Montana and Ohio, Arizona , Michigan, Nevada , Pennsylvania, Wisconsin, Maryland, Gary Peters of Michigan, Washington, lockstep ”, ” Ohio, Toledo

☆ Social Security’s death benefit has been $255 since 1954. Some senators want to change that
▼ + stars: | 2024-09-26 | by ( Lorie Konish | ) www.cnbc.com time to read: +2 min

When a Social Security beneficiary dies, their loved ones may qualify for a one-time $255 lump-sum death payment. Yet that amount has not changed in 70 years — since 1954 — while inflation has pushed the costs for funerals higher. On Wednesday, Sen. Peter Welch, D-Vt., introduced a new bill, the Social Security Survivor Benefits Equity Act, to raise the lump-sum death benefit to $2,900 to reflect today's cost of living. Under the terms of the bill, the higher $2,900 death benefit would go into effect in 2025. The proposal has been endorsed by advocacy organizations Social Security Works and the Strengthen Social Security Coalition.

Persons: Sen, Peter Welch, Bernie Sanders, Elizabeth Warren, Welch, haven't Organizations: Social, Social Security Survivor, Equity, Finance, Social Security, National, Consumer, Urban, Clerical Workers, Social Security Coalition Locations: Sens

☆ Republicans still haven't found their footing on the abortion issue: From the Politics Desk
▼ + stars: | 2024-09-25 | by ( The Politics Desk | ) www.nbcnews.com time to read: +6 min

Bernie Moreno, Republican Senate candidate for Ohio, at the RNC in Milwaukee, Wis., on July 16. “Honestly I think Bernie is heading in the right direction but handed Sherrod an opening with that.”Democrats have been hammering Republicans across the country on the abortion issue. Some Republicans warned that the party’s failure to counter abortion attacks cost them crucial seats that year. In 2022, exit polling found Democrats had an 11-point advantage on the issue of abortion. And in this new NBC poll, Harris’ advantage was just under 20 points.

Persons: Chuck Todd, Kamala Harris, Roe, Bridget Bowman, Adam Edelman, Henry J, Gomez, Bernie Moreno’s, Bernie Moreno, Eva Marie Uzcategui, Sherrod Brown, “ Bernie oof, ”, Moreno, Bernie, Sherrod, Democratic Sen, Jacky Rosen of, Joe Biden’s, Donald Trump, Harris, Gail Gitcho, “, Sam Brown, Pennsylvania’s Dave McCormick, Larry Hogan —, Sen, Rick Scott, hasn’t, Trump, Joe Biden, Republican Bill McInturff, Jeff Horwitt, Biden, I’d, Trump’s, it’s, Chuck → That’s Organizations: NBC, White House, Capitol, Gomez Republicans, Ohio, Republican, RNC, Bloomberg, Getty, Democratic, Democrats, Republicans, NBC News, GOP, didn’t, Trump, Hart Research, Biden Locations: Milwaukee, Wis, Ohio, Spanish, Jacky Rosen of Nevada, Florida

In the seven most competitive Senate races, Democratic campaigns and outside groups launched 33 TV ads on abortion just in the last week, according to the ad-tracking firm AdImpact. Just one Republican ad, a Spanish-language spot from an outside group targeting Democratic Sen. Jacky Rosen of Nevada, mentioned abortion. Some Republicans warned that the party's failure to counter abortion attacks cost them crucial seats that year. In Arizona, Republican Senate candidate Kari Lake has softened her position on abortion rights. Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it.

Persons: Bernie Moreno’s, Sherrod Brown, “ Bernie oof, ”, Moreno, “, Bernie, Sherrod, Sherrod Brown’s, Nikki Haley, Kamala Harris, Democratic Sen, Jacky Rosen of, Sarah Guggenheimer, Tommy Garcia, Joe Biden's, Harris, Gail Gitcho, Sam Brown, Pennsylvania's Dave McCormick, Larry Hogan —, Florida Sen, Rick Scott, Mike Berg, Lauren Zelt, Mitt Romney's, —, Sen, Jon Tester, Tim Sheehy, Debbie Mucarsel Powell, Republican Sen, Amy Walter, haven't, Kari Lake, Republican Sam Brown, Brown, Alex Conant, it’s, Conant, Moreno’s, Reagan McCarthy, Ohioans, “ Moreno, ” Brown, Reeves Oyster Organizations: Ohio, GOP, Republican, Democratic, PAC, Democrats, Republicans, NBC News, Trump, didn’t, “, NBC, WCMH Locations: Ohio, Spanish, Jacky Rosen of Nevada, Florida, America, Arizona, Florida , Nevada, Montana, Nevada, Columbus

Ohio Republican Senate candidate Bernie Moreno is facing a wave of criticism over his remarks about suburban women and abortion heading into the homestretch of the competitive race. Moreno said at a town hall in Warren County on Friday that many "suburban women" are "single-issue voters" when it comes to abortion. “You know, the left has a lot of single-issue voters,” Moreno said. “Sadly, by the way, there’s a lot of suburban women, a lot of suburban women that are like, ‘Listen, abortion is it. Ohio voters in November passed a ballot measure enshrining the right to abortion care in the state constitution.

Persons: Bernie Moreno, Moreno, ” Moreno, “, ’, Sen, Sherrod Brown, Reagan McCarthy, “ Bernie, ” Brown, —, Brown, Donald Trump, Nikki Haley, ” Maura Gillespie, John Boehner, ”, Gillespie, Roe, Wade Organizations: Ohio Republican, NBC, Democratic, Ohio, Senate, Republicans, U.N, CNN Locations: Warren County, Columbus, Ohio

☆ Video: Mark Cuban compares Trump to Bernie Sanders
▼ + stars: | 2024-09-25 | by ( ) edition.cnn.com time to read: 1 min

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The head of the committee, Sen. Bernie Sanders, I-Vt., has been vocal about his frustrations over how much Novo Nordisk charges Americans for both Ozempic (used to treat type 2 diabetes) and Wegovy (approved for weight loss). Mariam Zuhaib / AP“It is clear that Novo Nordisk is ripping off the American people,” Sanders told NBC News in June. In a statement Monday, Novo Nordisk defended its pricing structure. Novo Nordisk holds the patent on semaglutide, so other companies aren't able to make a generic version. That leaves Novo Nordisk — and ultimately Jørgensen — to answer questions about the price of its blockbuster drugs.

Persons: Lars Fruergaard Jørgensen, Jørgensen, Sen, Bernie Sanders, Sanders, Mariam Zuhaib, ” Sanders, “, United States don’t, ” Organizations: Nordisk, Capitol, Health, Education, Labor, Pensions, NBC News, Novo Nordisk, Department of Health, Human Services, NBC, Novo Nordisk — Locations: Canada, Europe, United States, Germany, United Kingdom, U.S, Novo

☆ Trump says women won’t be ‘thinking about abortion’ if he’s elected, casting himself as their ‘protector’
▼ + stars: | 2024-09-24 | by ( Kate Sullivan | ) edition.cnn.com time to read: +3 min

CNN —Former President Donald Trump cast himself as a “protector” of women at a Pennslyvania rally Monday evening and claimed that American women won’t be “thinking about abortion” if he’s elected. “I always thought women liked me. But the fake news keeps saying women don’t like me,” Trump said in Indiana, Pennsylvania. As president, I have to be your protector,” Trump said. Americans remain broadly opposed to the ruling, according to CNN polling, and its proven to be thorny campaign issue for Republicans in down-ballot races.

Persons: Donald Trump, ”, won’t, “, ” Trump, Kamala Harris, Trump, Harris, Roe, Bernie Moreno, Moreno, Sen, Sherrod Brown, Eric Bradner Organizations: CNN, GOP, US, WCMH Locations: Indiana , Pennsylvania, Ohio, Columbus , Ohio

☆ ‘Greed, greed, greed’: Sanders demands Ozempic maker lower prices
▼ + stars: | 2024-09-24 | by ( Meg Tirrell | Tami Luhby | ) edition.cnn.com time to read: +7 min

“We are very committed to making sure that Americans have access at an affordable price point for our medicines,” Jorgensen replied. Similarly, Wegovy’s list price is $1,349 in the US, but it costs $186 in Denmark, $140 in Germany and $92 in the United Kingdom, he said. Tuesday’s hearing boiled down to a familiar argument over who is responsible for the US’s higher prices: drug companies that set starting – or “list” – prices or pharmacy benefit managers, the middlemen that negotiate discounts on those list prices in exchange for favorable insurance coverage and access. Jorgensen said Novo Nordisk pays back about 75% of its medicine sales in rebates, discounts and fees, so the net price it receives is far lower than the list price. “The broad totality is that less patients have access to our medicines when we lowered the price,” Jorgensen told Sen. Maggie Hassan, D-New Hampshire, after she pressed him to reduce list prices.

Persons: Sen, Bernie Sanders, ” Sanders, Lars Fruergaard Jorgensen, ” Jorgensen, “, Sanders, Jorgensen, it’s, Maggie Hassan, drugmakers, ”, PBMs, scot, ” Sen, Tim Kaine, Roger Marshall, Eli Lilly, Dr, Sanjay Gupta, Tammy Baldwin Organizations: CNN, Nordisk’s, US, Health, Education, Labor, Pensions, Yale, Novo Nordisk’s Ozempic, Novo Nordisk, Pharmaceutical Care Management Association, Nordisk, Novo Nordisk’s, Federal Trade Commission, CVS, Cigna’s, Republican, Wegovy’s, CNN Health, Medicare, Services Locations: United States, Danish, America, Canada, Denmark, Germany, United Kingdom, New Hampshire, Big, Virginia, Kansas, Novo, Wisconsin

☆ Americans are drowning in credit card debt. Trump’s proposed cap on interest rates probably won’t help
▼ + stars: | 2024-09-24 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

At $1.14 trillion, Americans’ credit card debt is at a record high, according to data from the Federal Reserve Bank of New York. “While working Americans catch up, we’re going to put a temporary cap on credit card interest rates,” Trump said at a rally last week. You may not be able to count on your credit card for purchasesThe average American has racked up $6,500 in credit card debt, according to Experian data from the third quarter of last year. The reason: Interest rates are how credit card companies manage the risk that a customer won’t pay their credit card bill on time. Your favorite credit card rewards could be jeopardizedEven if you don’t currently have any credit card debt and have a top-tier credit score, you could be left worse off from a 10% credit card fee cap.

Persons: New York CNN —, Donald Trump’s, ” Trump, Republican Sen, Josh Hawley, Sen, Bernie Sanders, Alexandria Ocasio, Matt Schulz, “, Schulz, Karoline Leavitt, ” Leavitt, Banks, Joe Biden’s, ” Schulz, ” Organizations: New, New York CNN, Federal Reserve Bank of New, Republican, CNN, Trump Locations: New York, Federal Reserve Bank of New York, Congress, Alexandria, Cortez

☆ Mark Cuban mocks Trump for going even further than Bernie Sanders on capping credit card interest rates
▼ + stars: | 2024-09-24 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +5 min

Read previewBillionaire investor Mark Cuban on Tuesday teed off on Donald Trump's proposal to cap credit card interest rates at 10% and the former president's broader economic agenda. is the 10% price cap on credit card interest rates," Cuban said during a press call hosted by Vice President Kamala Harris' campaign. AdvertisementDuring a rally last week in New York, Trump floated the idea of temporarily capping credit card interest rates at "around 10%." AdvertisementExperts have said credit card companies would likely respond to an interest cap by making it harder for some people to access credit. The interest rates Americans pay on that debt are also higher now than they were before the COVID-19 pandemic.

Persons: —, Mark Cuban, Donald Trump's, Kamala Harris, Harris, I've, it's, Donald Trump, Trump, Sen, Bernie Sanders, Alexandria Ocasio, Cortez, Donald, Steven Cheung, Josh Hawley, Messrs, Sanders, Matt Schulz, Karoline Leavitt Organizations: Service, Business, Cuban, Rep, Trump, Republican, CNN, Financial, New York Federal Reserve Locations: Savannah , Georgia, New York, Alexandria, Cortez of New York, Cuban, Josh Hawley of Missouri

☆ Novo Nordisk CEO to testify at Senate hearing over high weight loss drug prices
▼ + stars: | 2024-09-24 | by ( Annika Kim Constantino | ) www.cnbc.com time to read: +1 min

Lars Fruergaard Jørgensen, CEO of Novo Nordisk, speaks during an interview in New York on Aug. 10, 2022. Novo Nordisk 's top executive is slated to face a Senate grilling on Tuesday over the high prices of the company's weight loss drug Wegovy and diabetes treatment Ozempic, as demand for both injections soars in the U.S.Novo Nordisk CEO Lars Fruergaard Jørgensen will testify at a Senate Health, Education, Labor and Pensions Committee hearing at 10 a.m. It comes roughly five months after Sen. Bernie Sanders, the Vermont independent who chairs the Senate panel, opened an investigation into the Danish drugmaker's pricing practices. Sanders contends that Novo Nordisk charges Americans substantially higher prices for its blockbuster drugs than it does for patients in other countries. Before insurance, Ozempic costs nearly $969 per month and Wegovy costs almost $1,350 per month in the U.S.

Persons: Lars Fruergaard Jørgensen, Sen, Bernie Sanders, Sanders Organizations: Novo Nordisk, Health, Education, Labor, Washington , D.C, Nordisk Locations: New York, U.S, Washington ,, Vermont, Danish, Germany

☆ Every Falsehood, Exaggeration and Untruth in Trump’s and Harris’s Stump Speeches
▼ + stars: | 2024-09-21 | by ( Linda Qiu | Elena Shao | ) www.nytimes.com time to read: +54 min

They’re going to take away your guns, you saw that, they’re going to take away your guns. And at the end it was, “Thank you, thank you, thank, thank, thank, thank, thank, thank.” I said, “What the hell’s… What’s wrong with her?” I say, “Thank you.” And you wait a couple of seconds. “Thank you, thank, thank, thank, thank.” There’s something wrong with her, okay? She was all talk, I’m going to do this and I’m going to do that, and then I’m going to cut tax and then I’m going to give you 25,000 per house and then I’m going to go, over and over. When Biden was president — going to give up the whole thing to Russia, it looks like.

Persons: I’m, Kamala Harris, Rasmussen, We’re, Kamala, Sleepy Joe Biden, ”, “, can’t, Country’s, Harris, we’ve, you’re, You’re, “ Donald Trump, Donald Trump, – Joe Biden, didn’t, Sleepy Joe, ” “ I’m, Joe, That’s, Trump, What’s, Kamala …, she’s, Bernie Sanders, Nancy Pelosi, She’s, let’s, Kamala Harris …, I’ve, David Muir, David Muir barged, Sir, President Trump, FBI …, don’t, –, There’s, Donald J, You’ve, we’ll, – Mr, You’ll, Where’s Harris, would’ve, Jimmy Carter, Xi, Del Cueto, Biden, They’ve, “ They’re, ” They’re, They’re, it’s, it’ll, Let’s, Forbes, Michael, Jacky Rosen, Crooked Joe Biden, Joe Biden’s, Jacky, Sam Brown, Nobody’s, He’s, Joe Lombardo, Joe’s, that’s, It’s, they’re, Tampon Tim, tampons –, Governor Lombardo, we’re, Ding, haven’t, Russia would’ve, Bush, Barack Hussein Obama, —, Russia’s, Korea’s, Muhammad Ali, Muhammad, Henry, “ I’ll Organizations: Philadelphia TV, gaslight, JD, FBI, Department of Justice, of Justice Statistics, Communist, Border, Marxist, Street, The New York Times, New York Times, Washington, White, ICE, DHS, Forbes, United Auto Workers, Biden, Unions, Keystone XL, United States, Paris Climate, Nevada Climate Accord, Police, California, ABC Fake, Trump Reciprocal Trade, Green New, Washington D.C, We’re, America, Make Locations: Las Vegas, Aurora , Colorado, Springfield , Ohio, Colorado, Iowa, Pennsylvania, United States, McDonald’s, – Pennsylvania, ”, America, Idaho . Idaho, Haiti, Chile, Colombia, New York, Chicago, Florida, Middle America, Aurora, Virginia, Tennessee, Honduras, So Nevada, Nevada, American, You’ve, Texas, Western Nevada, Mexico, China, Paris, Russia, Saudi Arabia, California, Nevada , Wisconsin , Pennsylvania, Michigan, Washington, Manhattan, Ukraine, Israel, Italian, Venezuela

While school meal prices vary throughout the country, a survey conducted by the School Nutrition Association, a trade organization, found that lunches typically cost about $2.83 for elementary school students, $3 for middle school students and $3.05 for high school students. The prices mean that the $100 million in transaction fees could have bought another 33 million or so school lunches or over 55 million school breakfasts. “Junk fees on school lunch should not exist. A handful of states have made universal school meals permanent, but most have returned to the pre-pandemic format. “School lunch should always be free, and definitely free of judgment,” Fetterman said at the hearing on Wednesday.

Persons: Tom Vilsack, Sen, Elizabeth Warren, “, ”, Bernie Sanders, ” Warren, NBC News . Sen, John Fetterman, Warren, Sanders, Fetterman, Bob Casey, Debbie Stabenow, Sherrod Brown, Raphael Warnock of, Brian Schatz, —, Marisa Kirk, Epstein, ” Fetterman Organizations: Agriculture Department, NBC News, Consumer Financial Protection Bureau, School Nutrition Association, NBC News ., USDA, NBC, Sens, Supplemental, Assistance, SNAP Locations: Vermont, Pennsylvania, Michigan, Ohio, Raphael Warnock of Georgia, Hawaii, Vilsack

☆ Bill Gates says the rich would be a lot poorer if he set taxes — but banning billionaires isn't on his agenda
▼ + stars: | 2024-09-19 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +1 min

Bill Gates said the wealthy would be about two-thirds poorer if he controlled the tax system. Sen. Bernie Sanders told Gates he would ban billionaires as nobody deserves such wealth and power. Go to newsletter preferences Thanks for signing up! AdvertisementBill Gates says if he set tax rates, the rich would be almost 70% poorer — but unlike Bernie Sanders, he would not outlaw billionaires. He revealed his ideal tax policy in an episode of his new Netflix series "What's Next?

Persons: Bill Gates, wouldn't, Sen, Bernie Sanders, Gates, — Organizations: Service, Microsoft, Netflix, Business

WASHINGTON — Sen. Bernie Sanders, I-Vt., renewed his criticism of drugmaker Novo Nordisk on Tuesday, claiming that the CEOs of major generic pharmaceutical companies have told him that they can produce and sell its blockbuster diabetes drug Ozempic for less than $100 a month. During Tuesday's roundtable, Sanders said his recent conversations with generic drugmakers revealed that Novo Nordisk's pricing is "nothing less than excess corporate greed." “They have studied the math, and they tell me that they can sell a generic version of Ozempic, the exact same drug that Novo Nordisk is manufacturing, to Americans for less than $100 a month," Sanders said. Sanders’ office declined to say which generic drug companies told him that they could sell Ozempic at a fraction of what Novo Nordisk charges. Novo Nordisk did not immediately respond to a request for comment.

Persons: WASHINGTON — Sen, Bernie Sanders, Sanders, Lars Fruergaard Jorgensen's, Jorgensen, Wegovy, Dale Folwell, Eli Lilly's Organizations: drugmaker Novo Nordisk, Capitol, Novo Nordisk, Health, Education, Labor, Pensions, Wegovy, Nordisk, Yale Locations: U.S, Novo, Denmark, Germany, United Kingdom, North Carolina

☆ Ryan Routh was camped out for 12 hours and didn't have Trump in his line of sight when Secret Service fired at him
▼ + stars: | 2024-09-17 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | Corky Siemaszko | ) www.nbcnews.com time to read: +8 min

The revelations about Ryan Wesley Routh emerged Monday, a day after a Secret Service agent rousted him from a hiding place at the West Palm Beach, Florida, golf course where Trump had been playing. Trump was on the fifth fairway and not in Routh’s line of sight when the agent “engaged” the suspect, said Ronald Rowe, acting director of the Secret Service. In 2002, court records show, Routh was convicted of illegally possessing a machine gun. Court records for a person named Ryan Routh also show a 2003 divorce, along with multiple civil judgments after contractors and individuals sued a roofing company he helped run. Routh disparaged Trump as a “fool” and a “buffoon,” but he credited him for reaching out to North Korean leader Kim Jong Un.

Persons: Donald Trump, Ryan Wesley Routh, rousted, Trump, Sheriff’s, Routh, “, Ronald Rowe, Paul G, Martin, Martin County Sheriff William Snyder, Ryan Routh, Valentyn Ogirenko, unruffled, ”, ” Routh, Thomas Matthew Crooks, Kim Mungo, Mungo, Sen, Bernie Sanders, Joe Biden, Sleepy Joe, Routh bristled, Kim Jong Un, Biden “ Organizations: Service, Rogers Federal Court House, FBI, Trump, Sheriff’s, Martin County Sheriff, NBC News, Reuters, Global Citizen, Golf Club, Nissan, Twitter, Democratic, Commission, Democrat, Republican, NBC, Newsweek Romania, International Legion, Defense, Russia Locations: Ukraine, Palm Beach , Florida, West Palm Beach, Martin, Martin County, Mariupol, Hawaii, Iran, Taiwan, Afghanistan, North Korea, U.S, Butler , Pennsylvania, Honolulu, Greensboro , North Carolina, Greensboro, Russia, Kyiv

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