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A senior senator is examining whether Medicare's prescription drug benefit is vulnerable to manipulation by pharmaceutical companies that set very high prices for medications.
Well at least the Democrats and the Republicans agree on something at their conventions: They both want to revive a Depression-era bank law that was abolished more than 15 years ago.
With consumers spending and employers hiring more freely, the U.S. economy has fared better of late. But when the Federal Reserve ends its latest policy meeting Wednesday, most analysts think it will signal that it wants to see further gains before raising interest rates again.
Airbus Group's profits rose in the first half of the year thanks to asset sales and a satellite launch merger, but the planemaker suffered losses linked to its troubled A400M military transporter and A350 passenger jet, its long-delayed rival to Boeing's popular 787.
Executives forecast stronger growth in the second half of the year.