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The Medicare GLP-1 discount is here, so why are some sick people excluded? | Fortune
A Temporary Patch for a Long-Standing GapAbout 1 in 5 American adults have taken a GLP-1 medication, and most of them, including those with health insurance, say the drugs are difficult to afford. Federal law has long barred Medicare...
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Dolly Parton’s philanthropy inspiration was her father who couldn’t read or write: ‘I saw how crippling that could be’ | Fortune
While it may not be adorned in rhinestones and diamonds, Dolly Parton’s name is now etched over the doors of the former East Tennessee Children’s Hospital in Knoxville, which earlier this year announced it would be named after the...
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Trump’s pronouncements are triggering instant trades in the Middle East as UAE investors place bigger bets | Fortune
President Donald Trump’s market-moving pronouncements are triggering almost instantaneous trading among Middle Eastern retail investors, with his statements generating more activity than Federal Reserve decisions or key U.S. economic data, according to one Dubai-based trading executive.“We see the price...
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Lindsay Clancy case: forensic psychologist testifies that an 18-minute hallucination that lasts as long as 3 murders is not psychosis | Fortune
Lindsay Clancy did not have acute psychosis when she killed her three children but rather took their lives so they wouldn’t “suffer” after she took her own life, a forensic psychologist testified Monday in her murder trial.Kirk Heilbrun said he ruled...
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The Fed doesn’t know who’s financing the $3 trillion AI boom | Fortune
The debate over artificial intelligence and monetary policy is already well under way. Federal Reserve Chair Kevin Warsh and others have rightly emphasized that AI could raise productivity and productive capacity even as the investment boom puts pressure on...
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Asia’s founders are going global faster, sometimes even before they’re sure what their business is, says Stripe’s SEA MD | Fortune
“We’re seeing a significant shift in how Asia-based firms are looking at cross-border business,” Sarita Singh, Stripe’s regional head and MD of Southeast Asia, Greater China and South Korea, tells Fortune. “There’s been a big push to find customers...
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SEC subpoenas Wall Street banks over Situational Awareness | Fortune
The US Securities and Exchange Commission has sent subpoenas to major Wall Street banks regarding the hedge fund Situational Awareness, according to people familiar with the matter.The information being sought is related to the trading activity of the hedge...
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U.S. prepares largest mass visa revocation in history, targeting up to 200,000 foreigners who are seeking asylum | Fortune
The Trump administration is preparing to revoke the business and tourism visas of up to 200,000 foreigners who have applied for or are currently seeking asylum status in the United States. If it happens, the move would be the...
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Legal wrangling over $12.5B Lakers sale shows how family trusts don’t guarantee a business stays in the family
The Buss family’s 47-year ownership of the Los Angeles Lakers, 17-time NBA champions, could soon come to an end despite their patriarch’s clear wishes before he died. A group of investors that includes former Disney...
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Treasury Secretary Scott Bessent becomes the tip of the spear in the war on Iran and the bond vigilantes as the U.S. readies more...
Jason Ma -
Facing an increasingly aggressive Iran and a slumping bond market, the Trump administration is betting that Treasury Secretary Scott Bessent can use the financial weapons in the government’s arsenal to achieve victory on both fronts.The idea is to kill...
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Emmy Awards: Welsh actor Matthew Rhys makes history with double win
Elsewhere, Jean Smart won best comedy actress for her role in the fifth and final series of Hacks.It is...