Most of the largest pharmaceutical companies report losing money in the United States, despite the majority of their sales coming from Americans. The result is lower U.S. taxes for the companies.
Treasury Secretary Janet Yellen says she expects inflation pressures to ease in the latter half of next year. Yellen spoke to NPR from Scotland, where she's attending climate meetings.
In an interview with NPR's Morning Edition, Transportation Secretary Pete Buttigieg said the plan is "fully paid for" and that not making the investment is a "threat to American competitiveness."
In a major victory for the tech giant, the European Union's second-highest court said the tax break received by Apple did not represent an unfair advantage.
