THE FACTS: This is misleading. Prices for most prescription drugs — unbranded generics are the exception — are higher in the U.S. than they are in other high-income countries. But, experts say, it is in large part the way drug prices are negotiated in the U.S. that drives up costs.
Last year, the U.S. Treasury Department sanctioned Mohamed, his father, their gold-exporting company and a government official “for their roles in public corruption” in a bribery scheme that authorities said ran from 2019 to 2023.U.S. officials accused the Mohameds of evading $50 million worth of duty taxes on gold exports and under declaring exports involving more than 22,000 pounds (10,000 kilograms) worth of gold. Their company also was accused of bribing customs officials to falsify and export documents.
WASHINGTON (AP) — A closely watched inflation gauge cooled last month in a sign that prices were steadily easing before most of President Donald Trump’sAt the same time, consumers accelerated their spending, particularly on cars, likely in an effort toWednesday’s report from the Commerce Department showed that consumer prices rose just 2.3% in March from a year earlier, down from 2.7% in February. Excluding the volatile food and energy categories, core prices rose 2.6% compared with a year ago, below February’s 3%. Economists track core prices because they typically provide a better read on where inflation is headed.
The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories. Most economists expect inflation to start picking up in the coming months.“Core inflation will inevitably rebound sharply in the coming months,” Harry Chambers, assistant economist at Capital Economics, said in an email. “Goods prices will rise much more strongly.”
Chambers expects core inflation will near 4% by late this year.
Wednesday’s report also showed that consumer spending increased 0.7% from February to March, a healthy gain. Much of the increase appeared to be driven by efforts to get ahead of duties, such as Trump’s 25% duty on imported cars, which took effect April 3. Spending on autos surged 8.1% in March. Still, that means auto sales are likely to fade in the coming months because those assets have already been secured.ASHBURN, Va. (AP) — Jayden Daniels evades the topic as if he’s an oncoming pass rusher and ducks away from the questions as if he’s avoiding a sack.
It sure looks as if thehas bulked up, adding some muscle after his AP Offensive Rookie of the Year season. He just won’t say how much and insists it was not a particular mission of his.
“That’s up for grabs — I don’t know,” Daniels said Wednesday after an offseason practice session. “I was just working out. It wasn’t about this amount or much. Just go out there, have a plan and naturally just put on weight.”Daniels is happy to let others talk about his weight, and that extends to his teammates and coaches. They notice, chalking it up to him being a competitor looking to gain another edge.