MedPAC Urges Major Medicare Prescription Changes
Congressional advisers urge altering Medicare outpatient drug coverage as costs rise. The plan would cap beneficiary spending, shift more price pressure onto insurers, and keep no direct government drug price negotiation. It faces an election-year political hurdle.
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Wheat and corn futures update with oats data
The report lists futures for Wheat Corn and Oats with prices, open interest and estimated sales. It includes Jul 16 Sep 16 Dec 16 and future months, noting changes in open interest and daily sales figures across commodities.
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Fed signals ultra slow rate hikes amid weak jobs data
The Federal Reserve kept rates unchanged signaling an exceedingly slow pace of future hikes. It cited weak May payrolls global uncertainty and the upcoming Britain EU referendum as factors shaping a cautious stance and noted improving housing but uncertain growth.
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