Lower Drug Prices

September 24, 2024

Good Evening 🇺🇸,

What happened today,

'Stop ripping us off': Senate grills Novo Nordisk CEO on weight loss drug pricing

Sen. Bernie Sanders argues that Novo Nordisk charges Americans substantially higher prices for its drugs than it does for patients in other countries.

www.cnbc.com/2024/09/24/novo-nordisk-ceo-to-testify-at-senate-over-weight-loss-drug-prices.html

  • Ozempic and Wegovy maker Novo Nordisk faced hearing over high cost of weight loss drugs

  • Dockworkers at key U.S. ports are threatening to strike over automation and pay, this could hurt grocery stores and overall economy

  • Brett Favre announces he has been diagnosed with Parkinson’s

  • Trump threatens John Deere with 200% tariffs if it outsources manufacturing

  • Jamie Dimon, CEO of JP Morgan, warns geopolitics is “getting worse” and a concern for the economy

  • The DOJ sues Visa over debit card market monopoly

  • DOW up 83.57 points/ S&P up 14.36 points

  • Harris calls for ending the filibuster to codify Roe v. Wade

  • Sam Bankman-Fried’s ex-girlfriend, Caroline Ellison, sentenced to two years in prison

  • Israeli strike kills top Hezbollah commander in Beirut

Plus: A cool image showing the purchasing power of $100 across each state

Quote of the day: “I conceive that a great part of the miseries of mankind are brought upon them by false estimates they have made of the value of things.” –Ben Franklin

Have a great night!

P.S. Email me at [email protected] for more info on any news points in the letter!