Litigation Against Pharmacy Benefit Managers

Pharmacy Benefit Managers (PBMs) play a large role in the pharmaceutical medication distribution industry and have faced a great deal of litigation in recent years. This blog entry looks at cases…

US consumer spending picks up; inflation rises moderately in July

WASHINGTON (Reuters) – U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-percentage-point interest rate cut…

Traders see Fed delivering 25 bps cut in Sept, 100 bps by year-end

(Reuters) – Traders added to bets that the Federal Reserve will start U.S. interest-rate cuts next month with a quarter-point reduction in the policy rate, rather than a bigger half-point…

Gap shares rise after it resumes trading, Q2 results show growing sales and margin

Gap (GAP) is showing signs of a comeback. In Q2, revenue grew 5% to $3.72 billion, compared to estimates of $3.63 billion, while adjusted earnings per share came in at…

Oil Holds Gain on Positive US Economic Data, Libya Disruptions

(Bloomberg) — Oil steadied after jumping on Thursday on positive US economic data and worsening supply disruptions in Libya. Most Read from Bloomberg Brent for October traded around $80 a…

TikTok Loves These 6 Herbal Supplements, But They May Damage Your Liver

New research has found that six herbal supplements that are popular on TikTok may cause liver damage. Researchers at the University of Michigan concluded that supplements, including Ashwagandha, Green Tea…

(Employee) Therapy Anyone?

The recent WSJ article about employer-provided in-office therapy sessions raises some good points about destigmatizing mental health in the workplace and promoting overall wellness generally. But the article also reminds us about…

Houthis Say Tugs Can Tow Away Stricken Red Sea Oil Tanker

(Bloomberg) — Yemen’s Houthi militants said they’ll let tugboats tow away an oil tanker that they attacked last week in the Red Sea, a step that might help avert an…

Libya’s Political Feud Threatens Return of Oil Supply Chaos

(Bloomberg) — Libya’s political crisis is threatening to return the OPEC member’s oil production to the chaos that plagued it for years after the toppling of dictator Moammar Al Qaddafi.…

Sleeping In on Weekends May Lower Your Heart Disease Risk By 20%

A new analysis suggests that sleeping in on weekends could help lower heart disease risk in sleep-deprived individuals. The effects became more pronounced in people who regularly experience insufficient sleep,…