Everything in the middle is struggling we saw this once again today, especially with the dow gained 102 points, s p advanced 0. 41 nasdaq up. 57 Dollar General, walmart, costco and target low end. Well, as well as rh, the former Restoration Hardware and lululemon on the high end. Some call it lululemon and theyre wrong. Lets unpack these Dollar General and dollar tree are Bargain Basement plays that indicator to the vast majority of americans who are trying to make ends meet these companies are extraordinarily good at what they do. This morning oppenheimer argued the chain has some of the best Revenue Growth momentum around, at a time when Interest Rates are slowing, meaning investors think the economy is getting weaker well, guess what this is a defensive holding. When retails not so hot right now, dollar gen. Dollar tree has a similar story, the acquisition of Family Dollar which is finally starting to pay off. Oh, man its having a big impact on the numbers. This was no easy feat. I
Washington, d. C. Hello, everybody. Beyonce is for me. I need that in order to be excited in the morning. I heard that earlier. They know, they know. As kevin just said, i work and write the politico playbook and am excited to kick off our health care joined by President Biden from hamden. Thanks for having me. You having fun . It will be a blast. Your portfolio is expansive, domestic policy. Well try to stick in the realm of health care today. An easy topic and everybody agrees on everything, very good. I want to start with probably the most important topic of today,osis empick. Today,President Biden said itt time to its time to go further and give medicare the power to negotiate lower prices for 500 different drugs over the next does he want the government to negotiate lower costs on popular weight loss drugs like ozempic . People want to know. I am people. Thank for you that question. The Inflation Reduction Act asks c. M. S. Toigh expenditure drugs and drugs that have been on the m
Hello, everybody. Beyonce is for me. I need that in order to be excited in the morning. I heard that earlier. They know, they know. As kevin just said, i work and write the politico playbook and am excited to kick off our Health Care Summit and am joined by President Biden from hamden. Thanks for having me. You havingun . It will be a blast. Your portfolio is expansive domestic policy. Well try to stick in the realm of health an easy topic and everybody agrees on everything, very good. I want to start with probably the most important topic of today,osis empick. Today ozempic. President ts not time to its time to go further and give medicare the power to negotiate lower prices for 500 different drugs over the next decade. Does he want the government to negotiate lower costs on popular weight loss drugs like know. I am people. Thank for you that question. The Inflation Reduction Act asks c. M. S. To do an analysis of high expenditure drugs and drugs that have been on the market and speci
on stock exchanges. the approval of the bitcoin exchange traded funds, or etfs, is seen by supporters as a watershed for crypto, giving it financial respectability and mainstream acceptance on wall street, after a string of controversies. erin delmore reports from new york. this decision was years in the making and now it will allow people and institutions to invest in bitcoin almost as easily as they buy stocks. the move could increase demand for bitcoin and legitimacy for the crypto currency industry, which has weathered scandal and scepticism. sec chair did not shy away from that in a statement saying, while we approve the listing and trading of certain ept spot bitcoin shares today, we did not approve or endorse bitcoin. he said investors should remain caution about the risks associated with bitcoin and said the crypto currency is, primarily a speculative volatile asset. while investors and crypto watchers awaited the decision, a false tweet was posted on the sec official
This is what democracy it look spirit cspan powered by cable. Its now a top official from the food and Drug Administration or text if with baby formula shortage. Susan main director of the fda center for food safety and applied Nutrition Program also fielded questions on reporting bacteria in the production process and rural distribution formula. On the House Oversight subcommittee this is about an hour and 20 minutes. But the subcommand healthcare and Financial Services will come to order. Welcome everyone. Without objection the chair may declare recess at any time. I recognize myself for the purposes of making opening statement. Thank you again for being here, i appreciate her at six weeks ago the subcommittee held its first Oversight Committee on last years infant formula crisis. During that hearing we heard from former Deputy Commissioner in charge of food, policy and response. Testimony highlighted many internal failures within the fda that led to the crisis in clinic fda port eff