Jun 17, 2019

Philadelphia graduation party shooting kills 1, injures 7

Philadelphia Police Commissioner Richard Ross. Photo: Mark Makela/Getty Images

Philadelphia police say a graduation party shooting on Sunday night has left 1 person dead and at least 7 people injured, CBS Philly reports.

Details: About 60 people were at the party in southwest Philadelphia when an unidentified gunman fired at least eight shots about 10 p.m., according to NBC News. Four teenagers aged 15-17 were shot, along with 4 adults in their 20s, 1 of whom died after being taken to hospital, Police Commissioner Richard Ross told a news conference, per ABC News.

Go deeper: Gun violence as a national security threat

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Bob Herman

1 hour ago - Health

The top-selling drugs in the U.S. in 2019

Data: IQVIA, company financial documents; Chart: Andrew Witherspoon/Axios

The 10 highest-selling drugs in the U.S. last year gave away more than $23 billion in rebates to insurance intermediaries, but still netted almost $58 billion in sales.

The big picture: The U.S. drug pricing system is filled with confusing numbers, and many entities profit off the flow of drugs, but pharmaceutical companies retain a vast majority of the proceeds.

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Caitlin Owens, author of Vitals

2 hours ago - Health

America's flying blind on its coronavirus response

Illustration: Aïda Amer/Axios

A month after the Trump administration changed how hospital data is reported, the public release of this data "has slowed to a crawl," the Wall Street Journal reports.

The big picture: This is the latest example of how the world's wealthiest country just can't get it together.

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Rebecca Falconer

Updated 2 hours ago - World

Pandemic plunges U.K. into "largest recession on record"

The scene near the Royal Exchange and the Bank of England in the City of London, England. Photo: Tolga Akmen/AFP via Getty Images

The United Kingdom slumped into recession as its gross domestic product GDP shrank 20.4% compared with the first three months of the year, the Office of National Statistics (ONS) confirmed Wednesday.

Why it matters: Per an ONS statement, "It is clear that the U.K. is in the largest recession on record." The U.K. has faired worse than any other major European economy from coronavirus lockdowns, Bloomberg notes. And finance minister Rishi Sunak warns the situation is likely to worsen.

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