The Centers for Medicare and Medicaid Services has announced the first 10 drugs selected for Medicare to negotiate with drug manufacturers to lower their prices. These 10 drugs are taken by 9 million senior U.S. citizens, according to Domestic Policy Advisor Neera Tanden. They cover chronic conditions like cancer, heart disease, arthritis, and diabetes that can cost up to $14,000 per month. Lower...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.