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Medicare’s negotiated drug prices will save taxpayers $6 billion in first year, White House says

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Medicare has reached price agreements for all 10 drugs selected for the initial round of negotiations under the Inflation Reduction Act, and those price reductions are expected to save taxpayers about $6 billion in the first year they take effect, the Biden administration said Thursday.

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Guess which American president was the best with money?

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Hint: Being money-wise doesn’t always mean history reveres you

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MarketWatch 50 returns: These are the people having an impact on your money right now

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Also: How to play the nuclear-power theme in the stock market, Nvidia’s importance and a Medicare warning.

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Boeing’s labor strike is forcing this company to send hundreds of employees home

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Spirit AeroSystems is furloughing 700 employees due to the impact of the strike by Boeing’s machinists.

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