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Economy – Articles, Analysis, Opinion

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Americans pay far more for prescription drugs compared with people in other high-income countries. Willie B. Thomas/Digital Vision via Getty Images

Medicare starts a long road to cutting prices for drugs, starting with 10 costing it $50.5 billion annually – a health policy analyst explains why negotiations are promising but will take years

The drug pricing reform may drastically lower prices for some of the most critical life-saving drugs in the long run. But numerous obstacles stand in the way.
Striking members of the International Ladies’ Garment Workers’ Union in New York City in 1958. AP Photo

Waves of strikes rippling across the US seem big, but the total number of Americans walking off the job remains historically low

Many of the reasons for strikes now – low compensation, technological change, job insecurity and safety concerns – mirror the motives that workers had for walking off the job in decades past.
The most in-the-know insiders earned three times as much as the typical investor in any given month. Witthaya Prasongsin/Moment via Getty Images

Insider trading − the legal kind − is a lot more profitable if you work for a multinational company

Executives and other high-level inside traders at US companies with global sales earned about three times as much in a month as the average investor, a new study found.
Forced and child labor has been reported in mines in the Congo, which produces over 70% of the world’s cobalt. Junior Kannah/AFP via Getty Images

Many global corporations will soon have to police up and down their supply chains as EU human rights ‘due diligence’ law nears enactment

A new EU law would require thousands of multinational companies, including many based in the US, to look for signs of human rights abuses in their supply chains.