Author: Daniel snow
The most vulnerable mothers have the most to lose from Medicaid cuts. Source link
The growing use of stablecoins could increase the cost of lending for banks if they have fewer deposits to draw from, Moody’s says. Source link
The Hers website arranged on a laptop in New York, US, on Wednesday, Feb. 12, 2025. Gabby Jones | Bloomberg | Getty ImagesHims & Hers Health announced Wednesday it will offer generic semaglutide in Canada as Novo Nordisk’s patent on its branded drugs Ozempic and Wegovy is set to expire in January.”Canada is a major opportunity to show what affordable, high-quality weight loss care can look like,” said Andrew Dudum, co-founder and CEO of Hims & Hers, in a press release. “As generic semaglutide becomes available for the first time globally, we’re focused on making it truly accessible, by combining…
Close up of electrical engineer inspecting copper windings in an electrical engineering factory.Monty Rakusen | Digitalvision | Getty ImagesThe cost of copper for U.S. buyers has rocketed after President Donald Trump said he would impose a 50% tariff on imports of the metal.It means that already elevated prices are now even higher in the U.S. than elsewhere — and analysts warned of a hit to businesses and the wider U.S. economy as a result. The U.S. imports just under half of its copper, which is used in products ranging from machinery, electronics and household goods to housing and infrastructure projects. Trump’s stated…
The European Union (EU) is stuck in limbo as uncertainty persists around when a trade agreement with the U.S. might be reached.The goal had been to agree on a framework by July 9, when a temporary reprieve from U.S. President Donald Trump’s “reciprocal” tariffs was initially meant to expire. The EU was seemingly still working to this timeline earlier in the week.But that deadline has now passed — without the trading partners coming to an agreement.A framework may however still be established as soon as this week, Trump himself suggested Tuesday.”We’re probably two days off from sending them a letter.…
UBS lowers Swiss franc forecast as SNB intervention falls short Source link
Swedish krona forecast adjusted amid central bank policy shifts Source link
If you’re like many U.S. consumers, you’re more worried now about money. Source link
Can running shoes be made by a spray gun? That’s the idea behind LightSpray, a new manufacturing technique created by Swiss sneaker company On. “It allows us to produce an upper material in a completely automated way,” said Marc Maurer, On’s former co-CEO who recently left the company. “A traditional product is touched by approximately 200 hands, which is very different here.” The upper part of the shoe is formed as a robot sprays a synthetic material called polymer onto a rotating foot-shaped mold. The process takes about three minutes per shoe. The final product doesn’t have seams or laces and fits…
Canadian dollar falls to lowest level since June 25 on Trump tariffs Source link