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ALEX AZAR, secretary of Health and Human Services, speaks during a press briefing at the White House after an event on lowering drug prices with President Donald Trump. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump health secretary says drugmakers must help cut prices

NEW YORK - President Donald Trump’s top health official said the administration plans to turn up the heat on the pharmaceutical industry if it doesn’t...
THE TRUMP ADMINISTRATION released a blueprint called American Patients First that aims to increase competition for medicines and reduce patients’ out-of-pocket costs for prescription drugs. / BLOOMBERG FILE PHOTO/DHIRAJ SINGH

Trump promises aggressive campaign to cut U.S. drug prices

NEW YORK - President Donald Trump said he would propose the most sweeping plan in United States history to lower drug prices, an attempt...
CVS HEALTH'S stock dipped Monday after a Trump official said that PBMs role in the health care industry was hurting patients. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

Drug plans drop as Trump official targets PBMs ahead of speech

NEW YORK - Shares of CVS Health Corp. and Express Scripts Holding Co. slipped Monday after one of the Trump administration’s top health-care officials said...
STEPHEN G. DAMBRUCH has been appointed the U.S. Attorney for the District of Rhode Island. / COURTESY U.S. ATTORNEY'S OFFICE

Dambruch named U.S. Attorney for District of R.I. following interim post

PROVIDENCE – Stephen G. Dambruch has been appointed the U.S. Attorney for the District of Rhode Island by United States District Court Chief Judge...
THE UNITED STATES trade deficit narrowed to $49 billion in March. / BLOOMBERG FILE PHOTO/TIME RUE

U.S. trade gap narrows, claims remain low, productivity tepid

NEW YORK - The United States trade deficit narrowed in March by the most in two years, while last week’s unemployment filings were below...
S&P 500 COMPANIES have saved an estimated $12.8 billion due to the recent adjustment to their effective tax rates. / BLOOMBERG

Corporate America is saving big on Trump tax-cut windfall

NEW YORK - America’s companies are swimming in cash thanks to the big cut in the corporate tax rate.The roughly 180 companies in the S&P...
GDP growth eased to 2.3 percent for the first quarter, drawn down by a slowdown in consumer spending growth. / BLOOMBERG FILE PHOTO/SCOTT MCINTYRE

U.S. growth cools to 2.3% as gains in consumer spending ease

NEW YORK - United States economic growth cooled last quarter as consumers pulled back following outsize spending in the prior period, though solid business...
JAY CLAYTON is chairman of the U.S. Securities and Exchange Commission, which recently proposed to overhaul its conflict of interest rules for brokers. / BLOOMBERG FILE PHOTO/ANDREW HARRER

Trump’s SEC proposes rewrite of Obama-era broker conflict rules

NEW YORK – The U.S. Securities and Exchange Commission on Wednesday proposed overhauling its conflict of interest rules for brokers, a move likely ensuring...
THE TRADE CONFLICT between the United States and China, the two largest economies in the world, appears to be easing. Shipping containers stand in a terminal at the Yangshan Deep Water Port in Shanghai in March. / QILAI SHEN/BLOOMBERG NEWS PHOTO

Trump weighs rejoining TPP as he tones down China trade threat

WASHINGTON – President Donald Trump told lawmakers he is considering rejoining the Trans-Pacific Partnership, the free-trade deal he withdrew from shortly after taking office,...
BETTER TO BUY A BOAT? The Trump administration has rolled back Obama-era fuel efficiency standards for automobiles, something that had been put in place expressly to combat the increasing severity of weather events brought on by climate change. Will the rollback lead to even more extreme weather? / PBN FILE PHOTO/FRANK MULLIN

Do you agree with the rollback of automobile efficiency standards that...

In reversing another Obama-era rule, the Trump administration has rolled back the automobile fuel efficiency standards that were set to be in effect through...
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