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CVS CAREMARK, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices. / AP FILE PHOTO/GENE J. PUSKAR

CVS Caremark settles with FTC, agrees to drug-pricing changes

Economic Activity 07/15/2026

WOONSOCKET – CVS Caremark, CVS Health Corp.’s pharmacy benefit manager, has reached a settlement with the Federal Trade Commission over insulin prices and rebate practices. The agreement resolves the...

Risk of innovation is a big driver of high drug costs

Commentary 05/08/2026

Developing new drugs is a high-stakes gamble. National Institutes of Health data shows that more than 95% of drugs fail during development, and only...

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RHODE ISLAND will receive up to $64.5 million in a multistate settlement with Meta Platforms Inc., Attorney General Peter F. Neronha announced Wednesday. / AP FILE PHOTO/THIBAULT CAMUS

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