US court rejects Novo Nordisk’s challenge to Medicare drug pricing plan

Dave Ramsey, the well-known personal finance radio host, is raising concerns about a critical issue with Medicare as the Annual Enrollment Period approaches. His warning highlights the potential challenges that many Americans may face in navigating their healthcare options, making it crucial for individuals to stay informed and prepared. This situation matters because it directly impacts the health and financial well-being of millions, emphasizing the need for awareness and proactive decision-making.

Costco is making headlines by partnering with Novo Nordisk to offer popular weight-loss drugs like Ozempic and Wegovy at about half the usual price. This initiative comes at a time when prices for GLP-1 medications have skyrocketed due to limited supply. Members with a valid prescription can now purchase a four-week supply for $499, making these treatments more accessible for those looking to manage obesity. This move not only helps individuals seeking effective weight-loss solutions but also highlights Costco's commitment to providing affordable healthcare options.

The recent budget bill signed by President Trump has suspended efforts to enroll more low-income older Americans in programs designed to help them manage rising health care costs. This is concerning as it directly impacts the financial stability of retirees who are already struggling to make ends meet. With healthcare expenses on the rise, losing access to these assistance programs could leave many vulnerable seniors without the support they need.

Australian consumer confidence has taken a downturn as the Reserve Bank of Australia decided to keep interest rates steady, indicating that the current inflation outlook may restrict any future rate cuts. This is significant because consumer confidence is a key driver of economic activity, and a decline could signal potential challenges for spending and growth in the economy.

Aehr Test Systems has reported impressive earnings for the first quarter of 2025, surpassing expectations for earnings per share (EPS). This positive performance highlights the company's strong market position and effective strategies, which could lead to increased investor confidence and potential growth opportunities in the future.

Today's market update highlights the top stock movers, including Uber, DoorDash, and Verizon. This information is crucial for investors looking to make informed decisions based on the latest market trends and performance of these significant companies.

Gold prices are soaring, nearing $4,000 an ounce, driven by increased demand for safe-haven assets amid the uncertainty of the US government shutdown. This situation has raised concerns about the Federal Reserve's interest-rate decisions, making gold an attractive option for investors looking for stability. As policymakers prepare to meet later this month, the market is closely watching how these developments will influence economic strategies.

Cboe Australia has received approval from regulators for its listing bid, a move that is expected to enhance competition in the market. This is significant as increased competition can lead to better services and lower costs for investors, ultimately benefiting the financial ecosystem in Australia.

Atlassian CEO Mike Cannon-Brookes has sold $1.16 million worth of stock, a move that raises eyebrows in the financial community. While stock sales by executives can sometimes signal a lack of confidence in a company's future, they can also be part of a planned financial strategy. This sale comes at a time when Atlassian is navigating a competitive market, making it important for investors to pay attention to such developments.