An aerial of the Centers for Medicare & Medicaid Services building on March 19, 2025 in Woodlawn, Maryland. Kayla Bartkowski | Getty ImagesThe Centers for Medicare & Medicaid Services has slashed jobs from its minority health office and other divisions, CNBC has learned, as Robert F. Kennedy Jr. upends the U.S....
Category: News
Shoppers will pay more for bananas, coffee and toilet paper because of tariffs, trade group says
A customer shops for produce at an H-E-B grocery store in Austin, Texas, on Feb. 12, 2025.Brandon Bell | Getty ImagesShoppers will likely pay more for coffee, bananas, vanilla and toilet paper over the coming weeks as the Trump administration's new tariffs go into effect.The U.S. plans to hike tariff...
Airline stocks slide as concerns grow over consumers’ travel appetite
A Delta Air Lines Boeing 767-332(ER).Joan Valls | Nurphoto | Getty ImagesAirline stocks slid further on Tuesday as Wall Street's concerns about weaker-than-expected travel demand amid looming tariffs and a sharp drop in consumer confidence continue to weigh on the sector.Shares of Delta Air Lines fell more than 2% in...
Novo Nordisk’s diabetes pill slashes risk of cardiovascular complications by 14% after four years
Novo Nordisk on Saturday said its diabetes pill Rybelsus showed cardiovascular benefits in a late-stage trial, paving the way for it to become a new treatment option for people living with diabetes and heart disease. The pill lowered the risk of cardiovascular-related death, heart attack and stroke by 14% compared to...
Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes
Erin Scott | ReutersDollar Tree said Wednesday that it's gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump's tariffs.The discount retailer's CEO, Michael Creedon, said the company is seeing "value-seeking behavior across all income groups." While Dollar Tree has always relied...