Political analyst Megan Cassella and business correspondent Phil Lebeau discuss the state of the American Dream for this generation, alongside topics like airline capacity, Eli Lilly's Alzheimer's drug approval, and President Biden's support among Democrats in a 4th of July themed episode.
Summer air travel offers great opportunities due to excess flight supply.
The essence of the American Dream is persisting through challenges for fairness and equality.
Deep dives
Financial Markets and Investments
P -GIM's investment professionals research extensively to achieve long-term financial goals. Specialized across asset classes, they offer global and local expertise shaping future investments.
Summer Travel and Market Trends
Kayak CEO Steve Haftner notes increased airline capacity for summer travel not fully matched by demand. The American Dream's essence lies in generations striving for fairness and economic equality despite challenges.
Eli Lilly's Alzheimer's Treatment
Eli Lilly's Alzheimer's drug, Denonumab, under the brand name Kisuna, gains FDA approval for early symptomatic patients. The treatment provides new hope amidst rising concerns over healthcare costs and access.
Political Shifts and Democratic Party Dynamics
Democratic donors and fundraisers signal a growing consensus that President Biden may need to step aside. Internal party shifts and critical assessments indicate potential implications for upcoming elections and leadership changes.
Ahead of the July 4th holiday, Kayak CEO Steve Hafner says this summer is a good time to fly, as demand has not kept up with flight supply. As America celebrates its 248th year of independence, CNBC’s Jon Fortt considers the state of the American Dream for this generation. Plus, the week’s top headlines in business and politics: Paramount’s hunt for a partner, Eli Lilly’s big Alzheimer’s drug approval, and President Biden’s support among Democrats. Happy 4th!