Lawmakers unveil PBM reform bill amid rising drug costs

Lawmakers unveil PBM reform bill amid rising drug costs

Feverpitched | Getty Images Bipartisan lawmakers introduced a new bill on Tuesday that aims to crack down on the business practices of drug supply chain middlemen who are widely accused of inflating prescription medication prices and harming U.S. patients and pharmacies. The legislation aims to ensure community pharmacies can provide care to patients enrolled in … Read more

Salary needed to be middle class in the largest U.S. cities

Salary needed to be middle class in the largest U.S. cities

A middle class lifestyle can look different depending on where you are. It may mean owning a house and a car in one city and simply being able to rent a place on your own in another. In the San Francisco area, an annual income of $250,000 would classify your household as middle earners, based … Read more

Gen X reaches retirement withdrawal age; experts say don’t use the money

Gen X reaches retirement withdrawal age; experts say don’t use the money

Fg Trade | E+ | Getty Images Gen Xers are starting to reach age milestones that give them penalty-free access to certain retirement funds. The eldest members of that generation will be turning 59 this year. And once they reach a certain milestone — age 59½ — they can withdraw money from their individual retirement … Read more

How Project 2025 could impact your taxes under a second Trump term

How Project 2025 could impact your taxes under a second Trump term

Republican presidential nominee and former U.S. President Donald Trump applauds on Day 2 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 16, 2024. Elizabeth Frantz | Reuters As former President Donald Trump secures the Republican presidential nomination, both political parties are eyeing Project 2025, a multi-pronged policy plan … Read more

The ultra-wealthy just gained $49 trillion in wealth thanks to stocks

The ultra-wealthy just gained  trillion in wealth thanks to stocks

People walk by the New York Stock Exchange (NYSE) on June 18, 2024 in New York City.  Spencer Platt | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high net worth investor and consumer. Sign up to receive future editions, straight to your … Read more

When to give your child a smartphone? Zach Rausch recommends 14

When to give your child a smartphone? Zach Rausch recommends 14

A medium close-up front view of a teenage girl who is sending text messages to a friend and checking her social media as she waits in the corridor of the high school she attends.  Solstock | E+ | Getty Images Parents around the world are debating when to give their children smartphones, as evidence grows … Read more

Elon Musk says SpaceX and X move to Texas due to California trans law

Elon Musk says SpaceX and X move to Texas due to California trans law

SpaceX CEO and X owner Elon Musk said Tuesday he will move the headquarters of both companies from California to Texas. Musk had vowed to make the moves in response to Gov. Gavin Newsom (D-Calif.) signing a new law that bars school districts in that state from requiring parents to be notified of a child’s … Read more

The housing market, explained in 6 charts

The housing market, explained in 6 charts

Prospective home buyers leave a property for sale during an Open House in a neighborhood in Clarksburg, Maryland on September 3, 2023. Roberto Schmidt | AFP | Getty Images It’s no secret that the housing market looks far different than it did a few years ago. While surging mortgage rates and housing prices have taken … Read more

These are the best U.S. states for quality of life in 2024

These are the best U.S. states for quality of life in 2024

In this mobile world, we have more choices than ever about where to live. Companies in search of skilled workers know this, especially when there are far more open positions than there are workers available to fill them. That is why they consider quality of life when deciding where to locate.  CNBC’s annual ranking of … Read more

These are the 10 worst U.S. states for quality of life

These are the 10 worst U.S. states for quality of life

The job market may have cooled a bit, but there are still far more job openings nationwide than there are people available to fill them. That means qualified workers are still a precious commodity. So, companies seeking to attract great employees like to set up shop in states that offer a great quality of life. … Read more