Manchin weighs run as independent amid party tensions
U S Senator Joe Manchin said on MetroNews Talkline he is thinking seriously about leaving the Democratic Party to become an independent. He stressed he has not decided and aims for an independent voice while criticizing the D brand.
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Insurers balk at Legembi coverage for some Alzheimer's patients
Private insurers in North Carolina, Pennsylvania, and New York are denying coverage for Legembi, the first drug shown to slow cognitive decline in Alzheimer's, due to its $26 000 annual cost. Medicare will cover most patients 65 and older, while commercial plans lag, prompting criticism from neurologists.
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New York judge revokes bail for FTX founder Bankman-Fried
Sam Bankman-Fried was jailed after federal judge Lewis Kaplan found probable cause to believe he tampered with witnesses. He had previously been under house arrest in California for defrauding investors and misusing customer funds. Prosecutors argued he sought to influence witnesses to protect his reputation amid ongoing trials.
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Wall Street ends mixed after losing week and hawkish signs
Wall Street closed unevenly with the S&P 500 down 0.1 percent for the week, the Nasdaq down 0.7 percent, while the Dow rose 0.3 percent. A hotter wholesale price index and the prior CPI pointed to more Fed rate hikes, as analysts warned the terminal rate may be approached later this year.
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