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Bloomberg

Morgan Health CEO: Tech, GLP-1s, Labor Driving up Costs

Dan Mendelson, CEO of Morgan Health, highlighted the disproportionate impact of rising health insurance costs on small businesses in the U.S., citing premium increases of 20-25% as a significant challenge. He explained that cost drivers include expensive new medical technologies like GLP-1 drugs and labor costs, which constitute about 70% of hospital expenses. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Micron Forecast Shatters Estimates

Micron the largest US maker of computer memory chips, delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of the components sent prices soaring.  Bloomberg Intelligence Semiconductor Analyst Jake Silverman and Host of Bloomberg Tech Ed Ludlow react saying the earnings show Micron's pricing power.

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Bloomberg

Redfin Chief Economist Sees Structural Issues in Housing

Daryl Fairweather, Chief Economist at Redfin, discusses the bipartisan Road to Housing Act, which President Trump has opposed despite its passage by a veto-proof majority. The bill represents a significant federal effort to address the national housing supply shortage by tying federal funding to local governments' plans to increase housing supply and streamline zoning and permitting processes. She speaks with Romaine Bostick & Katie Greifeld on "The Close."

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Bloomberg

Novo Nordisk US EVP on Wegovy's Franchise 'Halo Effect'

Jamey Millar, Novo Nordisk's Executive Vice President of US Operations, discussed the company's preparations for the upcoming CMS bridge program, which will impact Medicare beneficiaries' access to obesity treatments. Millar highlighted uncertainty about whether patient volume will surge immediately or gradually after the program's July 1 rollout, noting ongoing efforts to educate healthcare providers and pharmacists on patient eligibility. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

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