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U.S. banks face trillion-dollar reverse repo headache

August 2, 2022 12:05 pm

NEW YORK (Reuters) – The trillions of dollars in overnight cash tucked away daily at the Federal Reserve could turn into a major headache for banks that could squeeze their balance sheets and impair their ability to lend. The Fed’s …

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I HAVE A HEADACHE: Drug maker hikes price of 2-in-1 painkiller >2,000% — $36 drugs now $3,000.

February 16, 2018 8:23 am

A 60-pill bottle of the drug combo, Vimovo, cost $138 in 2013 when AstraZeneca sold it to Horizon. The bottle now costs $2,979 after Horizon raised the price on 11 occasions. Vimovo is a combination of the common painkiller naproxen …

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Italy Embracing Populism Is A Major Headache For Europe

January 22, 2018 7:41 am

Authored by Tom Luongo, For years Italy’s Northern League kept to itself, being focused on secession rather than reform from within.  That change began last year with their non-binding referenda to petition Rome for more fiscal autonomy.  But, as the Italian …

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