Economics
Cornell study links GLP-1 drugs like Ozempic and Wegovy to lower household food spending
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Households that start GLP-1 appetite-suppressing medications such as Ozempic and Wegovy reduce food spending within months, including at grocery stores and limited-service restaurants, according to new research from Cornell University based on linked survey responses and transaction data.
A new report by climate scientists and financial experts cautions that the world has underestimated the pace of global warming, potentially leading to trillions in economic losses by 2050. Governments and businesses are urged to prepare for worst-case scenarios amid accelerating temperature rises. Recent data shows 2025 as the third-warmest year on record, pushing closer to breaching the 1.5°C Paris Agreement threshold sooner than anticipated.
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As 2025 draws to a close, commentators on Slate’s What Next podcast say the U.S. economy under President Donald Trump shows signs of losing momentum, even as prices remain high. They argue that tariffs and policy uncertainty are adding to economic pressures and complicating the Federal Reserve’s interest rate decisions.
Pharmacists in the UK are reportedly dispensing medicines at a financial loss, as highlighted in a world news wrapup on September 4, 2025.
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The AI + Econ Salon was hosted on September 8, bringing together experts to discuss intersections of AI and economics. The event featured talks on economic impacts of AI technologies.