Poll finds broad support for Medicare drug price negotiation
The AP NORC poll shows 76 percent of Americans favor allowing Medicare to negotiate drug prices, with strong support across parties. Biden's overall approval sits at 40 percent, and views on his handling of prescription drug prices are mixed though supportive of the policy itself.
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Texas Attorney General Paxton Faces Impeachment Trial
The Texas Senate jury weighs removal of Attorney General Ken Paxton over long running corruption allegations. Impeachment managers seek conviction to sever GOP ties, while Paxton and his lawyer denounce the case as a political witch hunt amid ongoing FBI-related investigations and testimony from former aides and a Texas Ranger.
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Wall Street closes choppy week with broad stock slide
U S markets ended a volatile week with a broad decline led by the S P 500 down 1.2 percent. Dow fell 0.8 percent and Nasdaq dropped 1.6 percent as automakers showed resilience after U A W walkouts. Stellantis rose in Milan while investors await Fed policy next week. Economic data this week improved sentiment but wholesale inflation suggests possible pass through to consumers.
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UAW Uses Coordinated Strikes as New Bargaining Tactic
The UAW faces a scaled walkout involving about 13,000 of 146,000 workers across three automakers, testing a new strategy under President Shawn Fain after a culture of “company unionism” led to corruption probes. The plan aims to extend strike impact while conserving the union's $825 million fund, potentially shaping auto industry shifts toward electric vehicles and impacting the 2024 election dynamics.
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