Tag #Inflation Reduction Act

Showing 13 to 24 of 37 results

forbes.com
🌐 85% Global Worthiness
News related image

Pharmaceutical Layoffs Reflect Industry Pressures and Strategic Challenges

Facing financial pressures from natural business cycles and regulatory changes, major pharmaceutical companies like Moderna, Biogen, and Johnson & Johnson are laying off employees, raising concerns about the future of research and development.

Progress

36% Bias Score

Good Health and Well-being
foxnews.com
🌐 85% Global Worthiness
News related image

IRS to Lay Off 7,000 Probationary Workers

The IRS plans to lay off roughly 7,000 probationary workers, primarily impacting its compliance department, as part of a Trump administration initiative to cut federal spending; the impact on tax collection services is uncertain.

Progress

52% Bias Score

Decent Work and Economic Growth
foxnews.com
🌐 85% Global Worthiness
News related image

IRS Cuts Thousands of Workers Amidst Tax Season

The IRS is cutting thousands of probationary workers as tax season begins, following a Trump administration order. This could significantly impact the agency's ability to process the expected 140 million tax returns, despite recent improvements and increased funding.

Progress

48% Bias Score

Decent Work and Economic Growth
cnbc.com
🌐 85% Global Worthiness
News related image

Pfizer Q4 Earnings Beat Expectations Amidst Covid Revenue Decline and Cost-Cutting Success

Pfizer's Q4 2024 earnings beat analysts' estimates, reporting adjusted EPS of $0.63 and revenue of $17.76 billion, exceeding expectations due to strong Covid product sales and cost reductions; however, future challenges remain due to the Inflation Reduction Act's impact and market competition.

Progress

40% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
News related image

CMS Drug Price Controls Under IRA Threaten Pharmaceutical Innovation

CMS announced price negotiations for 15 drugs under the IRA, imposing penalties up to 95% of U.S. sales for non-compliance; this discourages R&D, potentially resulting in fewer new drugs and harming patients, with studies projecting a loss of 135 new drugs and $663 billion in R&D spending by 2039.

Progress

60% Bias Score

Good Health and Well-being
npr.org
🌐 85% Global Worthiness
News related image

Medicare Price Negotiations Expand to 15 Drugs, Including Ozempic and Wegovy

The Biden administration announced 15 drugs, including Ozempic and Wegovy, for Medicare price negotiations under the Inflation Reduction Act, aiming to lower drug costs for 50 million beneficiaries; the new prices are expected to take effect in January 2027, although the incoming Trump administratio...

Progress

36% Bias Score

Good Health and Well-being
forbes.com
🌐 85% Global Worthiness
News related image

Heat Pumps Gain Traction: Financial Incentives Drive Energy-Efficient Home Upgrades

The 2022 Inflation Reduction Act spurred increased adoption of energy-efficient heat pumps for home water and HVAC systems, offering significant financial incentives and substantial long-term cost savings while improving home safety and health.

Progress

40% Bias Score

Affordable and Clean Energy
europe.chinadaily.com.cn
🌐 90% Global Worthiness
News related image

Russia-Ukraine Conflict: Devastating Economic Repercussions for the EU

The Russia-Ukraine conflict severely impacts the EU economy through increased energy prices, fiscal deficits, and weakened euro, exacerbated by differing approaches to aiding Ukraine and the resulting economic and geopolitical implications for the EU's green transition and industrial competitiveness...

Progress

52% Bias Score

Peace, Justice, and Strong Institutions
forbes.com
🌐 85% Global Worthiness
News related image

IRA's Drug Price Controls Threaten Generic Drug Market

The Inflation Reduction Act's (IRA) price negotiation provision for prescription drugs, while intending to lower costs, risks undermining the generic drug market by reducing profit incentives for generic manufacturers, potentially limiting patient access to affordable medications and decreasing inno...

Progress

60% Bias Score

Good Health and Well-being
theglobeandmail.com
🌐 85% Global Worthiness
News related image

Trump Freezes IRA Funds, Creating Clean Energy Uncertainty

President Trump's executive order freezes funding for the Inflation Reduction Act (IRA), creating uncertainty for clean energy projects and international collaborations; the order's impact on already-awarded funds and tax credits remains unclear, potentially triggering legal battles and affecting in...

Progress

48% Bias Score

Climate Action
forbes.com
🌐 85% Global Worthiness
News related image

Medicare Selects 15 More Drugs for Price Negotiation

Medicare selected 15 more top-selling prescription drugs for price negotiations under the Inflation Reduction Act, impacting 5.3 million beneficiaries and $41 billion in spending, with expected savings of $1.5 billion in 2027, but the incoming Trump administration may alter the program.

Progress

48% Bias Score

Good Health and Well-being
abcnews.go.com
🌐 85% Global Worthiness
News related image

Medicare to Negotiate Prices for Ozempic, Wegovy, and 13 Other Drugs

Medicare will negotiate prices for Ozempic, Wegovy, and 13 other drugs, impacting 5.3 million Part D users and $41 billion in drug costs, with negotiated prices effective in 2027.

Progress

32% Bias Score

Good Health and Well-being

Showing 13 to 24 of 37 results