WASHINGTON, Nov 18 (Reuters) – A divided U.S. Congress after November’s midterm elections will weaken pharmaceutical companies, which want to weaken a new law that allows the government to negotiate drug prices,…
Tag: POL
US existing home sales fall in October; Prices are even higher
WASHINGTON, Nov 18 (Reuters) – U.S. existing home sales fell for a ninth consecutive month in October, putting homeownership out of reach for many Americans, as the 30-year fixed mortgage rate hit…
Column: Warnings of Medicare fraud mounting; Here’s how to avoid it
Nov 17 (Reuters) – A new report by the U.S. Senate Finance Committee has documented a range of fraudulent and misleading marketing practices used to sell Medicare Advantage plans – and some…
EU to propose natural gas price cap after November 24 meeting
SHARM EL-SHEIKH, Egypt, Nov 16 (Reuters) – The EU’s energy policy chief said the European Commission plans to propose a cap on natural gas prices after Nov. 24 to stem an energy…
Putin calls for price controls as Russian car sales fall to record lows
MOSCOW, Nov 16 (Reuters) – President Vladimir Putin urged the Russian government on Wednesday to rein in car prices, as an industry chief said that Western sanctions could send annual sales below…
Moody’s sees European electricity prices staying high
FRANKFURT, Nov 16 (Reuters) – European electricity prices are likely to remain high in the medium term, Moody’s Investors Service said in a report on Wednesday, citing technical problems at French nuclear…
Oil prices rose after the incident involving a ship off the coast of Oman
The Druzhba pipeline has been temporarily shut down China’s COVID policy dims demand outlook US stockpiles fall, more data expected LONDON, Nov 16 (Reuters) – Oil prices rose on Wednesday after an…
Oil prices rise due to Druzhba oil pipeline disruption
Russia’s Transneft: Notice from Ukraine suspends oil supply to Hungary via Druzhba – RIA An explosion in eastern Poland killed two people as Russian missiles hit neighboring Ukraine Slower US producer price…
Slower US producer price growth adds to improving inflation outlook
Producer prices rose 0.2% in October Excluding food, energy, trade, PPI rose 0.2% PPI rises 8.0% year-on-year; Core PPI rose 5.4% WASHINGTON, Nov 15 (Reuters) – U.S. producer prices rose less than…
Oil prices are little changed amid China Covid concerns, supply issues
SINGAPORE, Nov 15 (Reuters) – Oil prices were steady on Tuesday as rising Covid-19 cases in China raised fears of lower fuel consumption by the world’s top crude importer and a cut…