U.S. import prices increased by the most in nearly four years in February as energy costs surged in anticipation of conflict in the Middle East, adding to signs that inflation is poised to accelerate in the months ahead.
The Pentagon said on Wednesday it had reached framework agreements with BAE , Lockheed and Honeywell to boost production of defense systems and munitions as part of its shift to "wartime footing."
A bipartisan group of U.S. senators has reached a deal on capping the price of a month's supply of insulin at $35, Semafor reported on Wednesday, citing an interview with New Hampshire Democrat Senator Jeanne Shaheen.