A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
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The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
As the presidents of U.S. and China near a highly anticipated meeting on trade, the gap in both sides' expectations regarding a deal remains wide.World Politicsread more
Markets had expected the central bank to keep its benchmark interest rate steady while setting up a cut at the July meeting.The Fedread more
Federal health officials directed 21 websites Tuesday to stop selling what regulators say are illegal, "potentially dangerous, unapproved and misbranded" opioids online.
The Food and Drug Administration has taken action against more than 70 websites selling various versions of opioid drugs, including tramdol, so far this summer. Some of the drugs they're selling are actually a dangerous form of pressed fentanyl, the FDA said.
"As we see doctors prescribe fewer opioids, we're fearful that more and more of the new addiction is going to shift to illicit sources, and a lot of those illicit sales are taking place online," FDA Commissioner Scott Gottlieb told CNBC's "Squawk Box " on Tuesday.
The four businesses targeted Tuesday — CoinRX, MedInc.biz, PharmacyAffiliates.org and PharmaMedics — operate the 21 websites. This summer, the FDA has now cracked down on more than 70 websites illegally selling opioids, some of which aren't even the product they claim they are and are instead pressed fentanyl.
Prescription painkillers are thought to have contributed to the deadly opioid epidemic ripping across the nation. Some people transitioned to deadly illegal drugs like heroin and fentanyl. Others, who still need opioids to treat chronic pain, may struggle to have prescriptions filled because doctors are fearful to write them.
Earlier this summer, the FDA convened tech companies, including Facebook and Google to find ways to curb sales on their sites. Gottlieb said the agency wants to work with these "legitimate" sites to attack the problem.