NBC News

The Biden administration said Thursday that it had reached an agreement with drugmakers to lower prices on the 10 costliest prescription drugs under Medicare. It's part of the federal government's first-ever drug pricing negotiations, a cost reduction it claims could help ease the financial burden on the estimated 1 in 7 older adults in the U.S. struggling to pay for their medications.

Medicare announces lower prices on 10 common, high-cost drugs

Medicare patients could save $1.5 billion on 10 prescription drugs. The U.S. Department of Health and Human Services (HHS) announced Thursday the lowered prices of the first 10 prescription drugs that underwent Medicare negotiations. Suggested Reading. People that have Medicare prescription coverage are expected to save $1.5 billion in out-of-pocket...

Medicare negotiated lower prices for these 10 drugs. It could lead to $6 billion in savings

The Biden administration released prices for the first 10 prescription drugs that were subject to landmark negotiations with Medicare. The government estimates that the new prices could produce $6 billion in net savings for Medicare in 2026 alone, based on data from 2023. It is a milestone in a controversial...

Biden administration releases prices of 10 drugs in Medicare negotiations, says U.S. will save $6 billion in first year

From 1,345 Pounds to 139 Pounds: The Remarkable Journey of Khalid bin Mohsen Shaari. In an extraordinary feat of medical science and human determination, Khalid bin Mohsen Shaari, once the world’s heaviest man alive, has shed an astonishing 1,195 pounds (542 kg), thanks to the intervention of Saudi Arabia’s former King Abdullah. Shaari, who initially tipped the scales at 1,345 pounds (610 kg), now weighs a mere 139 pounds (63 kg).

World’s heaviest man alive loses 1,195 pounds in historic transformation

Entrepreneur

A hacking group allegedly leaked 2.7 billion pieces of data.

Everyone's Social Security Number Has Reportedly Been Compromised in a Massive Data Hack

Business Insider

After Joe Biden dropped out of the race and endorsed Kamala Harris, a host of Democrats also threw their support behind the VP to replace him.

All the Democrats who have endorsed Kamala Harris to replace Joe Biden after he dropped out

Mediaite

Former federal prosecutor and NBC legal analyst Glenn Kirschner said that if Donald Trump loses the 2024 election, he will “spend the rest of his miserable life in court” or in prison. During a conversation on SiriusXM’s The Dean Obeidallah Show, host Dean Obeidallah asked about how and...

Former Federal Prosecutor: If Trump Loses Election He Spends ‘Rest of His Miserable Life’ in Court or Prison

PBS NewsHour

The savings range from 79 percent for Januvia, a drug to treat diabetes, to 38 percent for Imbruvica, which is used to treat blood cancers.

Here's a list of drugs affected by Biden's latest Medicare pharmaceutical price cuts

I took my standard weekly shopping list to Trader Joe's and Walmart to see which grocery chain had the best variety, deals, and experience.

I took the same grocery list to Trader Joe's and Walmart. My money went way further at the bigger chain, and I found cool stuff.

CNN anchor Kasie Hunt was stunned by an exchange in which former President Donald Trump claimed that Vice President Kamala Harris resembled his wife former First Lady Melania Trump in her TIME Magazine cover illustration. Trump participated in a glitch-plagued X/Twitter event with Elon Musk Monday night during whieh he...

‘What?! Like WHAT?!’ CNN Anchor Stunned By Trump Saying Kamala Harris Looks Like Melania

HuffPost

Republicans have reportedly been pleading with Trump to stay on message — but his campaign just can't seem to help itself.

The Trump Campaign Just Tweeted Something Really Racist

Axios

Former President Trump has been in a foul mood the past few weeks and has repeatedly called Vice President Harris a "bitch" in private, the N.Y. Times' Maggie Haberman and Jonathan Swan report. Why it matters: Axios has written extensively about this as the girls vs. boys election, with Democrats...

Report: Trump calls Harris a "bitch"

If you own one of the following Ford or Lincoln vehicles with an outstanding safety recall for potentially faulty Takata-sourced airbag inflators, which could explode and send shrapnel throughout the interior, Ford has an advisory for you: Do not drive your car. Park it, immediately, then work on getting it repaired. The automaker issued a do-not-drive advisory to compel owners who've yet to bring their affected cars in for repairs to do so, taking the dramatic step as a way of showing those owners how serious it is.

750,000 Ford Owners Told to Stop Driving Their Cars, Trucks, and SUVs

The Week

A shake-up at the top of the Democratic ticket has pushed a once static-seeming race into largely uncharted political waters

Can Kamala Harris beat Donald Trump?

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you have a long-term savings goal, like saving up for a down payment on...

Best 5-year CD rates of August 2024 (up to 4.75% APY)

As new government data shows inflation subsiding, Social Security beneficiaries may expect a lower cost-of-living adjustment in 2025. The prospective Social Security COLA for 2025 could be the lowest since 2021, according to a new estimate. Even as new government inflation data shows inflation subsiding, many retirees are still struggling...

Social Security cost-of-living adjustment may be 2.6% in 2025, new estimate finds

Republican vice presidential nominee JD Vance discusses the massive prisoner swap with Russia that included Wall Street Journal reporter Evan Gershkovich.

JD Vance credits Trump for prisoner swap Biden negotiated

The US Sun

SHE’D decided to splash out on some Stanley cups as a treat for her grandkids. And while she thought she’d grabbed a bargain with a multi-pack on Temu, she realised her error as soon as they arrived. Her husband took to TikTok to share a video of the woman in hysterics as she opened the […]

My wife splashed out on a Temu multi-pack of Stanley cups for the grandkids… when they arrived she was left in hysterics

Pennsylvania State

Many Democrats are welcoming Kamala Harris as their new presidential candidate, instead of current President Joe Biden. Chief National Affairs Correspondent John King travels to the swing state of Pennsylvania to find out how older Democrats are responding.

How older Democratic voters are responding to Harris replacing Biden

Vice President Kamala Harris will propose the first-ever federal ban on "corporate price-gouging" in the food industry, her campaign announced. Harris will also pledge that if elected, she will direct the Justice Department to increase scrutiny of potential mergers between grocers and food producers. The ban is part of a...

Harris to propose federal ban on 'corporate price-gouging' in food and groceries

NewsBreak

Biden administration releases prices of 10 drugs in Medicare negotiations

CNBC's Bertha Coombs joins 'Squawk Box'...

Biden administration releases prices of 10 drugs in Medicare negotiations

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