Archives for July 2015

July 2015 - Page 8 of 28 - Money Morning - Only the News You Can Profit From

[Chart] Pharma Companies Make Billions as Prescription Spending Soars

Prescription drug spending continues to hit record highs, and the world's top pharma companies continue to bank billions.

More than $374 billion was spent on prescription drugs in the United States in 2014, according to a report from the IMS Institute of Health. That was a 13.1% jump from 2013, and the highest growth rate in more than a decade, says ExpressScripts.

Here's a look at how U.S. prescription drug spending has trended over the last 10 years..

Here's Everything Wrong with Hillary Clinton's Capital Gains Tax Plan

In a speech today, Democratic presidential front-runner Hillary Clinton struck-out at 'short-termism' in proposing to hike capital gains taxes for investors who hold investments for only two or three years.

In doing so, she not only betrayed the nearly genetic pre-disposition of any Democratic politician to raise taxes…

But this is just the beginning of the colossal mistake Hillary just proposed...