Paul J. Ingrassia, nominee to lead the Office of Special Counsel. Source: DHS Paul Ingrassia, whom President Donald Trump had nominated to lead the Office of the Special Counsel, withdrew from Senate consideration for that post on Tuesday night after new controversy over a series of racist text messages he reportedly sent that included him…
Shares of Eli Lilly and Novo Nordisk dropped Friday, after President Donald Trump said his administration aims to cut the cost of brand name GLP-1 weight loss drugs to $150 per month, a fraction of their current list price. “In London, you’d buy a certain drug for $130 and even less than that … $88…
Americans’ views on the economy turned more negative in the third quarter with deepening concerns about jobs, inflation and the outlook, according to the CNBC All-America Economic Survey. Together with blame for the shutdown aimed at the president and congressional Republicans, those views dragged down President Donald Trump‘s net approval rating on the economy to…
A House-approved bill that would fund the U.S. military during the ongoing federal government shutdown failed to pass the Senate in a procedural vote on Thursday. The House bill required at least 60 votes in the 100-member Senate to advance because of the chamber’s filibuster rules. The final vote was 50-44, with three Democrats joining…
The US Capitol in Washington, DC, US, on Monday, Oct. 13, 2025. Anna Rose Layden | Bloomberg | Getty Images A federal judge on Wednesday blocked the Trump administration, for now, from firing federal workers during the ongoing government shutdown. The order came five days after the administration issued reduction-in-force notifications to more than 4,000…
Shoppers look at fruit for sale at Frank’s Quality Produce Co. at Pike Place Market in Seattle, Washington, US, on Wednesday, May 28, 2025. M. Scott Brauer | Bloomberg | Getty Images Americans have vastly different views of the economy — and the divergence is being driven in part by income bracket, data shows. Higher-income…
U.S. President Donald Trump arrives at the White House, following his annual physical exam at Walter Reed National Military Medical Center, in Washington, D.C., U.S., October 10, 2025. Ken Cedeno | Reuters President Donald Trump has vowed to target only “Democrat Agencies” for permanent staffing cuts amid the government shutdown — but the administration’s layoffs…
Russell Vought, director of the Office of Management and Budget (OMB), speaks to members of the media outside the White House in Washington, DC, US, on Thursday, July 24, 2025. Aaron Schwartz | Bloomberg | Getty Images The Trump administration began laying off federal workers on Friday, the 10th day of the U.S. government shutdown,…
The Amgen headquarters in Thousand Oaks, California. Eric Thayer | Bloomberg | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. Drugmakers are increasingly using telehealth platforms to sell their medicines directly to patients…
The federal government will shut down early Wednesday, in large part because of a debate between Republicans and Democrats over enhanced Obamacare subsidies and whether some immigrants should get those financial benefits. Republicans claim Democrats want to give health care to “illegal immigrants.” Democrats, in turn, say that’s a lie. Democrats say they are only…
