President Joe Biden is set to sign an executive order aimed at directing federal agencies to invest in communities disproportionately impacted by pollution and climate change, according to the White House. This executive order will establish a new Office of Environmental Justice within the White House, responsible for coordinating environmental justice efforts across federal agencies.
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Virginia Governor Glenn Youngkin is scheduled to visit Asia next week, meeting political and business leaders in Taiwan, Japan, and South Korea. This development has further ignited rumors that the Republican may be contemplating a run for the presidency. Youngkin will head a state delegation during his visit, which is centered on trade and includes
A recession might not only be a circumstance that financial markets can weather, but it could also be a remedy for some of the challenges currently troubling the U.S. economy, according to a Wall Street analysis. Nicholas Colas, co-founder of DataTrek Research, suggests that an economic downturn might address three obstacles to growth: decreased productivity,
On May 10, the CEOs of Eli Lilly, Novo Nordisk, and Sanofi, the three pharmaceutical companies that dominate 90% of the global insulin market, are scheduled to testify before the Senate Health Committee concerning the reduction of their diabetes drug prices. According to the panel Chairman, Senator Bernie Sanders, these companies had declared in March
Despite the overall downward trajectory of the major stock indexes this week, some stocks have managed to outperform and make impressive gains. Utilizing FactSet data, CNBC Pro conducted a market scan to identify the top performers of the week and assess their future prospects according to Wall Street analysts. The search, which covered large-cap, mid-cap,
The U.S. Supreme Court ruled on Friday that the abortion pill mifepristone will continue to be widely accessible while the ongoing legal dispute unfolds in a lower court. This decision comes after the Department of Justice requested the high court to overturn rulings from lower courts that would significantly reduce the availability of the drug,