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Eli Lilly, Sanofi, Novo Nordisk testify to Senate on prices

In this photo illustration, an insulin pen manufactured by the Novo Nordisk company is displayed on March 14, 2023 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images The top executives of the three drug companies that control 90% of the global insulin market will testify May …

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DHS wants to use AI to protect homeland security

Alejandro Mayorkas, secretary of the U.S. Department of Homeland Security, speaks during a new conference in Brownsville, Texas, U.S., on Thursday, Aug. 12, 2021. Veronica G. Cardenas | Bloomberg | Getty Images WASHINGTON – The Department of Homeland Security will establish a new task force to examine how the government …

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Glenn Youngkin to visit Asia, dodges 2024 campaign questions

Gov. Glenn Youngkin will travel to Asia next week to meet with political and business leaders, adding more fuel to speculation that the Virginia Republican is considering a run for president. Youngkin will lead a state delegation on a trade-focused visit that includes stops in Taiwan, Japan and South Korea. …

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Should you update your tax withholding?

Tax Day has come and gone. Take a second to breathe a sigh of relief. But don’t pack up your calculator and green plastic visor just yet. Now is the perfect time to make sure you have everything in order for your 2023 taxes. Namely, you’d be wise to assess …

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A recession is coming — and equity markets may incur some pain, strategist says

The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview Economics, and investors may need to prepare for some pain in the stock market. Speaking to CNBC’s “Squawk Box Europe” on Friday, Chris Watling said he believed a recession was …

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People said her business idea wouldn’t work — but it’s now a blooming beauty empire

When Trinny Woodall founded her skincare and makeup company Trinny London in 2017, she was often met with skepticism. But since then, she has turned it into a successful business, seeing a sales boom during the coronavirus pandemic. Trinny London products include makeup in a wide range of shades, colors …

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Strong individual performers can buoy whole sectors, Jim Cramer says

Stocks that investors might expect to be shorted in the buildup to a recession are doing very well, buoying their whole sectors, CNBC’s Jim Cramer said Thursday. There are certain kinds of industries that have historically been targeted by short sellers in the runup to recession, Cramer said, including railroads, …

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Majority of Gen Z, millennials are willing to post how much they make online

Even as salary transparency discussions have picked up in recent years, a majority of people are hesitant to discuss money with others even though they think it would improve their lives. Some 62% of Americans say they don’t talk about money, even though 66% believe more open conversations around it …

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More retirement plans to offer annuities amid retirement security crisis

Some of the nation’s money management giants are tackling the growing concern that more Americans may begin to outlive their retirement savings. Starting in the fall, Fidelity will let plan participants convert some of their retirement savings into an immediate income annuity to provide pension-like payments throughout retirement. Fidelity Investments is …

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Blue-collar job openings have ‘gone gangbusters’—workers aren’t finding them on LinkedIn

Darren Rambo, a 47-year-old industrial mechanic, says he had built a name for himself in the Illinois construction industry and as a result, never had trouble finding work. Then, at the end of 2019, he moved to Florida and had to “start from scratch.” So, he got on LinkedIn.   …

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