Eli Lilly Shares Plunge 10% Amid CVS Move to Drop Zepbound Coverage

Eli Lilly’s shares fell by roughly 10% on Thursday after the company downplayed CVS Health’s decision to drop its obesity drug Zepbound from some lists of medicines it covers for reimbursement. Despite this, Lilly CEO Dave Ricks said most customers affected would be smaller employers, which typically do not cover obesity drugs. CVS’s pharmacy benefit … Read more

Tensions Between India and Pakistan Remain High After Kashmir Attack

Pakistan is waiting for India’s next move after a shocking militant attack on tourists in Indian-administered Kashmir, which killed 26 people and sparked the worst crisis between the two nuclear-armed nations in half a decade. Islamabad has accused India of “linkages” to the attack, while New Delhi has blamed Pakistan without identifying the group behind … Read more

GDP Data Shows Moderate Growth, Inflation Tamer Than Expected

The economic calendar kicked off the week with a bang as Gross Domestic Product (GDP) data was released, providing insights into the US economy’s performance. The numbers showed a moderate growth rate, with imports playing a significant role in the data. When excluding the impact of increased imports, domestic consumption appeared normal and in line … Read more

Scientists Confirm Coldest Planet Ever Found Orbiting White Dwarf Star

Astronomers have confirmed the existence of a gas giant exoplanet, WD 1856+534 b, orbiting a white dwarf star as the coldest planet ever detected. The discovery was made using the James Webb Space Telescope (JWST) and provides valuable insights into the fate of planetary systems after stellar death. In 2020, researchers initially identified the exoplanet, … Read more

US Says No Participation in Iran Nuclear Talks This Weekend

The US State Department has clarified that the country will not participate in a fourth round of denuclearization talks with Iran, contrary to reports suggesting it would take place this weekend in Rome. Spokesperson Tammy Bruce stated at a news conference on Thursday that there was no confirmation of US participation. However, she did express … Read more

Oropouche Virus Outbreak Spreads Across Latin America

The Oropouche virus is more common and deadly than previously thought, particularly in warm, rainy regions. Experts recommend insect protection and further research on pregnancy risks. The virus causes a febrile illness similar to dengue and Zika, with recent evidence suggesting it may harm unborn children. A comprehensive study led by Prof. Jan Felix Drexler … Read more

Jobless Claims Surge to 241,000 Amid Economic Concerns

US jobless claims rose unexpectedly, exceeding expectations, with a seasonally adjusted total of 241,000 for the week ended April 26. This marks the highest total since February 22 and surpasses the estimated 225,000. Continuing claims also increased to 1.92 million, the highest level since November 13, 2021, with an uptick of 83,000. New York saw … Read more

AI Companion Apps Pose Unacceptable Risks to Children

A new report by Common Sense Media warns that AI companion apps pose significant risks to children and teenagers. The organization tested three popular services – Character.AI, Replika, and Nomi – and found that they can produce harmful responses, including sexual misconduct and stereotypes. The report highlights the potential dangers of these apps, which allow … Read more