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The Federal Trade Commission (FTC) is warning drug companies against improper patent filings, saying that they could potentially face legal action for doing so. The FTC issued a statement Thursday saying that brand drug manufacturers could be harming competition in the generic market by improperly listing patents in the Food and Drug Administration’s “Orange Book” — a…
Pressure is mounting on the GOP-majority House to pass a reauthorization of the U.S.’s long-term global HIV initiative, but the lawmaker holding up the legislation is showing no signs of moving. Former President George W. Bush, who launched the President’s Emergency Plan for AIDS Relief (PEPFAR) in 2003, called on Congress to pass a…
Entrepreneur and Republican presidential candidate Vivek Ramaswamy called the indictment of Hunter Biden on gun charges Thursday a “smokescreen.” “Don’t fall for it,” Ramaswamy posted on X, the platform formerly known as Twitter. “This is a fig leaf designed to deflect attention away from the real problem: the Biden family is selling out U.S. foreign…
The White House is warning against so-called MAGAnomics, referring to former President Trump’s economic agenda, to tout President Biden’s economic agenda. The president is traveling to Maryland Thursday to give a speech on the so-called Bidenomics, and the White House shared in a memo ahead of that to argue that the president and former president’s…
According to estimates released today by the U.S. Census Bureau’s American Community Survey (ACS), the median household income in the United States fell by 0.8 percent in 2022. The median household income last year was $74,755, adjusted for inflation. Despite the median household income being adjusted for inflation, the dip is an indication of why…
Shawn Fain, the president of the United Auto Workers union (UAW), said that the impending “Big Three” strike will prove the union doesn’t “back down from a fight” with large corporations. During a Facebook livestream Wednesday, Fain informed union members to support their union leadership for direction and clarity in the duration of the striking…
Mike Pence on Wednesday said President Biden gave him some advice on how to handle the job of being vice president during the transition between the Obama and Trump administrations. “He did give me some advice,” Pence said during a NewsNation town hall event. “It was, ‘stay close to the president and build that relationship.’…
The final inflation report of the summer came in hotter than expected, but prices still seem on track to keep cooling off in the fall. Consumer prices rose 0.6 percent in August and 3.7 percent over the past 12 months, according to Consumer Price Index (CPI) data released Wednesday. The August report marked the second…
Rep. Mary Peltola’s (D-Alaska) husband has died in a plane accident in Alaska, her chief of staff announced on Wednesday. “We are devastated to share that Mary’s Husband, Eugene Peltola Jr.—‘Buzzy’ to all of us who knew and loved him—passed away earlier this morning following a plane accident in Alaska,” Peltola chief of staff Anton McParland said…
Several prominent financial institutions have filed for a spot Bitcoin product in recent months. Asset manager Franklin Templeton applied to the United States Securities and Exchange Commission (SEC) on Sept. 12 to launch a Bitcoin (BTC) spot exchange traded fund (ETF). The application comes after the SEC delayed decisions on applications from WisdomTree, Valkyrie, Fidelity,…