Key Events This Week: CPI, PPI, Retail Sales, Warsh Testifies, China Data, And Earnings Galore

Pharmaceutical Lobby Sues Over Trump Admin Program To Reduce Drug Prices Authored by Zachary Stieber via The Epoch Times, A lobbying group that represents pharmaceutical manufacturers filed suit against the federal government on Oct. 7 over a program aimed at reducing the prices of drugs. The Pharmaceutical Research and Manufacturers of America (PhRMA) stated in a legal complaint in federal court in Washington that the most-favored-nation policy, planned for Medicare by the Center for Medicare & Medicaid Services (CMS), illegally imposes foreign price controls. "[The program] is unlawful and clearly exceeds CMS' authority,"...

President Donald Trump announced an agreement with Russia to supply millions of tons of diesel to the US and global markets. The announcement came a day after Ukrainian President Volodymyr Zelensky criticized Washington’s approach to negotiations with Moscow. “I have just concluded a highly successful discussion with President Vladimir Putin of Russia,” the President wrote […]

Tony Blair Calls For UK To Get Closer To Trump And Ease Climate Change Targets Authored by Rachel Roberts via The Epoch Times, Former British Prime Minister Tony Blair, who led the Labour Party to three election victories, said the government should repair its relationship with the United States rather than look to rejoin the European Union. Blair, who remains a deeply divisive figure within the party, published an essay on Tuesday amid a crisis engulfing Prime Minister Keir Starmer, with a leadership challenge widely expected by September. The influential former premier, who...