Americans are paying too much for prescription drugs. It is a common, long-standing complaint. And the culprits seem obvious: Drug companies. Insurers. A dysfunctional federal government. Sign up for The Morning newsletter from the New York Times But there is another collection of powerful forces that often escape attention, because they operate in the bowels […]
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Russia Grain Trader Accuses Moscow of Inflating Prices
(Bloomberg) — Major Russian grain exporter TD Rif has accused Moscow of trying to control and inflate export prices, another escalation in a dispute between the government and one of the country’s biggest wheat traders. Most Read from Bloomberg The shipper accused the country’s agriculture ministry of encouraging inflated offer prices in a letter to […]
Trump ordered to pay $355 million, barred from running New York businesses for fraudulently inflating net worth
A New York judge orders former President Donald Trump to pay $355 million dollars and cease running any businesses in the state for three years as punishment for fraudulently inflating his net worth to obtain favorable treatment from banks and other lenders. In Georgia, a divorce lawyer for lead prosecutor Nathan Wade is among several […]
Stocks are in a bubble that will keep inflating until 2025 and push the market 30% higher, research firm says
The stock market is in a bubble, but it can keep growing.Johannes Eisele/AFP via Getty Images The stock market is in a bubble, but that doesn’t mean investors should sell their stocks right now. The S&P 500 still has 30% upside between now and the end of 2025, according to Capital Economics. “Our end-2025 forecast […]