• Eli Lilly Cut Prices of Insulin Drugs by 70%. The company says it’s taking these steps to make it easier for patients to afford the drugs. The 70% price cuts will take effect in the fourth quarter *for Humalog and Humulin, its two biggest-selling insulin products. The company also said that on May 1 it would reduce the list price of unbranded insulin.
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  • US Labor Market Exhibits Signs of Slowing Down Despite Official Reports. The robust US labor market has shown signs of slowing down, as recruitment data indicates a decline in job postings, which is contrary to the Labor Department's official reports* of job openings. Private-sector job postings are dwindling, hinting at a long-anticipated slowdown in the demand for US workers.

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