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- [00:00]
Jeanine Herbst
This message comes from Carvana. Buy a car 100% online@carvana.com with financing to fit your budget. Enjoy seven days to return. If it's not a fit, limitations and exclusions may apply. See return policy@carvana.com live from NPR News. In Washington, I'm Jeanine Herbst. President Trump says two companies that make GLP1 obesity and type 2 diabetes drugs while will reduce prices on some of their medications. Already Pfizer, AstraZeneca and EMD Serrano have agreed to drastically lower their prices for American patients.
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Commercial Announcer
And today Eli Lilly and Novo Nordisk.
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Jeanine Herbst
Are joining the phenomenal list of the most exciting announcements. Trump says the agreement will slash the cost of WeGovy to $250 a month and Zepbound will be reduced to $346 a month. And Trump says both the oral weight loss drugs currently under development will be sold for around $149 a month. This also clears the way for Medicare to cover the drugs with $50 monthly co pays. The list price of the popular Drugs range from $1,000 to around $1,300 a month, though the actual price people pay depends on their insurance plans. It's day 37 of a now record long government shutdown. Earlier this week, some Democrats suggested they were searching for a way out. But as NPR's Sam Greengl the ballot box Tuesday have emboldened many of them to hold firm.
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Sam Greengl
Over breakfast at the White House, President Trump told Senate Republicans the shutdown hurt their party on election night. The results have given some Democrats, like Senate Minority Leader Chuck Schumer, confidence to hold out for an extension of expiring health care subsidies.
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Commercial Announcer
The election results were not vague. They were a lightning bolt.
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Sam Greengl
Bipartisan talks among rank and file senators are continuing, but it's unclear if eight Democrats will back a funding measure without a firm plan to expand, extend the subsidies that can also pass the House and get the president's signature. Sam Greenglass, NPR News, Washington.
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Jeanine Herbst
Former House Speaker Nancy Pelosi says she will retire in 2027. The California Democrat was the first and only woman to serve as speaker and as such wielded immense power. Her decision comes after she helped lead California's Prop 50 redistricting effort as the party countered President Trump in this week's election. The amount of damage caused by Hurricane Melissa in Jamaica and Cuba has increased. NPR's Rebecca Hersher reports. The storm was one of the most powerful hurricanes ever recorded.
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Sam Greengl
Large parts of Jamaica and Cuba are still in ruins a week after Hurricane Melissa swept through dozens of people were killed across the Caribbean. A new analysis by the climate risk modeling firm Karen Clark & Co. Finds the storm caused an estimated $2.4 billion of insured damage. That includes damage to homes, businesses and industri in Jamaica and Cuba.
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Jeanine Herbst
NPR's Rebecca Hersher reporting. Wall street is trading lower at this hour. The dow is down 423 points, the NASDAQ down 372. You're listening to NPR News from Washington. The U.S. travel association says the number of international tourists visiting the United States is down overall, but there's one area of growth, visitors from Mexico. From member station ktep, Angela Cocherga has.
- [03:32]
Angela Cocherga
More new requirements and much higher fees for visitor visas don't seem to be stopping travelers from Mexico. According to federal data, arrivals by air are up slightly and entry by cars grew by more than 13% this year. Texas and other border states depend on those visitors. At the outlet shops of El Paso, 65% of shoppers on weekends are from Mexico, says Gina Selecta, director of marketing for this mall and and another one on the border in Laredo.
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Jeanine Herbst
It is not unusual for us to see people come into the shopping center from Mexico. With many family members and friends that have traveled together, they've come here in their big SUVs.
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Angela Cocherga
Along with shopping, visitors from Mexico spend money on shows in Las Vegas and amusement parks. For NPR News, I'm Angela Cocherga in El Paso.
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Jeanine Herbst
Last month was the worst for layoffs in more than two decades, as job cuts rose to levels typically seen during recessions. That's according to Challenger, Gray and Christmas, a private company that tracks layoffs. So far this year, employers announced plans to cut more than 1.1 million jobs, 150,000 of the layoffs announced in October, with tech companies and warehouse firms seeing some of the biggest downsizing again. On Wall street, The Dow is down 453. You're listening to NPR News from Washington.
- [04:56]
Commercial Announcer
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