Twitter verification trolls targeted the pharmaceutical firm Eli Lilly, falsely announcing that ‘insulin is free’ before claiming it would cost $400-per-vial

Twitter trolls used Elon Musk’s paid verification feature to mock the pharmaceutical industry. Jakub Porzycki/NurPhoto via Getty Images; Gotham/FilmMagic Two Twitter accounts pretended to be insulin-producing pharma firm Eli Lilly and Company. “Insulin is free now,” one of the accounts tweeted, gaining 11,000 likes. Another account mimicked the real Eli Lilly’s apology, then claimed insulin…

The Fed’s tightening will ‘wallop’ the US economy if inflation is cooling on its own anyway, a Lazard CEO says

Lazard CEO Peter Orszag. Courtesy of Peter Orszag The US economy won’t feel the impact of the Fed’s tightening until 2023, Peter Orszag told CNBC. If inflation is coming down anyway, it will be walloped by unneeded monetary policy, the Lazard CEO said. The lame-duck Congress needs to move on the debt limit soon —…

Ukraine has begun to retake a prized city after Russian occupation, another battlefield humiliation for Putin

A Ukrainian soldier deployed on the Kherson front to support to the Ukrainian army in Kherson Oblast on November 5, 2022. Metin Aktas/Anadolu Agency via Getty Images Russian troops entered Kherson on Friday after Russian forces retreated in the night. It’s a huge blow to Putin, as Kherson was his biggest prize in the war….