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By Nathan Layne and Joseph Ax WILKES-BARRE, Pennsylvania (Reuters) – Republican Donald Trump and Democrat Kamala Harris will hold dueling campaign events this weekend in Pennsylvania, the political battleground that may be the most critical state in the Nov. 5 presidential election. Trump, the former president, will hold a Saturday rally in Wilkes-Barre in the northeastern section of the state. Vice President Harris will conduct a bus tour of western Pennsylvania starting in Pittsburgh on … Read more…

By Jonathan Stempel (Reuters) – Bayer won a legal victory in its fight to limit liability from claims that its Roundup weed killer causes cancer, as a U.S. appeals court on Thursday said federal law shields the German company from a lawsuit by a Pennsylvania landscaper. The 3rd U.S. Circuit Court of Appeals in Philadelphia rejected plaintiff David Schaffner’s claim that Bayer’s Monsanto unit violated state law by failing to put a cancer warning on … Read more…

By Patrick Wingrove and Trevor Hunnicutt WASHINGTON (Reuters) -The Biden administration said on Thursday it has negotiated down the prices of 10 top-selling prescription drugs used by Medicare by as much as 79% and hopes to save $6 billion in the first year, aiming to ease Americans’ anger about high prices ahead of elections. President Joe Biden’s signature Inflation Reduction Act, signed into law in 2022, allows Medicare to negotiate prices for some of the … Read more…

(Reuters) – The spate of regulatory investigations into wealth managers’ cash sweep programs could hurt their credit ratings, Moody’s warned on Thursday, underscoring the threat to the high-margin business for firms like Morgan Stanley and Wells Fargo. WHY IT’S IMPORTANT A potential ratings downgrade would increase the costs for wealth managers at a time when worries about the economy are growing, with some forecasting a downturn due to the tight monetary policy. CONTEXT Cash sweep … Read more…

(Reuters) – U.S. stock index futures edged higher on Friday after the S&P 500 and the Nasdaq logged six-session winning streaks, as a spate of encouraging economic data fueled a broad rebound led by heavyweight tech and growth stocks. The benchmark index has recovered from a pullback earlier this month caused by a dour U.S. jobs report and the yen carry trade as better-than-expected data calmed nerves over a sharp slowdown in the world’s largest … Read more…

By Nandita Bose and Jeff Mason WASHINGTON (Reuters) – Democratic presidential candidate Kamala Harris’s economic agenda will focus on lowering the cost of groceries, housing and healthcare, bolstering the child tax credit and drawing a contrast with Republican Donald Trump on tariffs and taxes, aides and advisers said. Harris, the U.S. vice president, plans to lay out some details of her economic plan in a speech in North Carolina on Friday that will touch on … Read more…