MediaCatalyst

1178 Posts
02 Sep

A historic change in how Americans buy groceries is underway as SNAP benefit cuts begin

MediaCatalystHealth,
A historic change in how Americans buy groceries is underway as SNAP benefit cuts begin On Monday, under new policy included in President Trump's tax law, Supplemental Nutrition Assistance Program (SNAP) benefits that have provided low-income Americans with more purchasing power in the grocery store begin to go into effect. According to one estimate, it is "the largest cut to SNAP in history," a federal program which in one form or another dates back to the New Deal era and currently provides basic food assistance to more than 40 million people. Grocers large and small are bracing for the impact…
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02 Sep

Wegovy trial result gives boost to Novo Nordisk amid U.S. market woes

MediaCatalystBusiness,
Wegovy trial result gives boost to Novo Nordisk amid U.S. market woes In this article NOVO.B-DK Follow your favorite stocks CREATE FREE ACCOUNT A combination image shows an injection pen of Zepbound, Eli Lilly's weight loss drug, and boxes of Wegovy, made by Novo Nordisk. Hollie Adams | Reuters New trial data suggests Novo Nordisk's weight loss drug Wegovy edges out rival treatments on heart condition risk reduction, in good news for the Danish pharma giant as it battles a spate of challenges in the key U.S. market. The company on Sunday said that continued use of its weight management…
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02 Sep

An Iowa nuclear plant is the next contender to restart, spurred by AI data center demand

MediaCatalystTech
An Iowa nuclear plant is the next contender to restart, spurred by AI data center demand An aerial view of the Cedar River and the Duane Arnold Energy Center near Palo, Iowa on Tuesday, Jan. 28, 2025. The Duane Arnold nuclear plant northwest of Cedar Rapids, Iowa is pressing ahead with plans to restart operations by the end of the decade after shutting down for economic reasons in 2020. The plant is the third – and likely the last – mothballed reactor in the U.S. that is in shape to come back online to support growing electricity demand in the…
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02 Sep

Here are the 2 big things we’re watching in the stock market in this week

MediaCatalystBusiness, ,
Here are the 2 big things we're watching in the stock market in this week The sun has set on Nvidia earnings week. Time to close up shop and return in three months when it reports again because nothing else matters, right? Not quite. Grabbing the spotlight from Nvidia in the week ahead is the U.S. jobs market — plus, there are a few noteworthy earnings reports within the broader artificial intelligence complex, including rival AI chipmaker and fellow Club holding Broadcom . We'd be remiss not to mention that Friday's appeals court ruling striking down most of President Donald…
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02 Sep

U.S.-run ‘Gaza Riviera’: Post-war redevelopment plan sees ‘voluntary relocation’ of millions

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U.S.-run 'Gaza Riviera’: Post-war redevelopment plan sees 'voluntary relocation' of millions A 38-page document detailing plans for post-war Gaza aims to make President Donald Trump's "Gaza Riviera" vision a reality . It involves mass displacement, artificial intelligence, and at least a decade of U.S. trusteeship over the war-ravaged enclave . The plan was developed by some of the same Israelis behind the controversial U.N.- and Israeli-backed Gaza Humanitarian Foundation . Read full story: Source
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02 Sep

Trump tells drugmakers to ‘justify the success’ of Covid meds after FDA limits vaccine approval

MediaCatalystHealth,
Trump tells drugmakers to 'justify the success' of Covid meds after FDA limits vaccine approval President Donald Trump calls on pharmaceutical companies to "justify" success of Covid drugs . FDA approved latest round of vaccines Wednesday for people at higher risk of severe illness . FDA set new limits on who can receive vaccines for the virus . Trump fired CDC director Susan Monarez after she refused to resign . Read full story: Source
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