MORNING BUSINESS REPORT: Senate kills Biden investments proposal, insulin price cut, Dollar Tree...

the $614 on this Thursday or Friday evening, turning now to today's business report. Dollar Tree has turned a corner by charging more than a dollar. All right, can you be called Dollar Tree still by charging more than a dollar? Name change. And the Senate has killed one of President Biden's proposals for investments. Jane King is live at the Nasdaq now with these stories for us. More than a dollar store. Maybe the dollars, dollars tree.

There you go. Then you're like covered. Then it's the money tree. So yes. So the Senate killed a Biden administration rule that encouraged private retirement plan managers to consider environment, social, and governance factors when making investment decisions for over 150 million Americans. Those who are against it say people's retirement money decisions should be based on the investments and the return on those not their impact on the environment. President Biden may veto it or bring it back.

While Eli Lilly shares were higher yesterday, it's capping the cost of insulin at $35 a month, bringing relief for millions of people. The American Diabetes Association applauded that decision and encouraged other insulin manufacturers to lower their costs. And Dollar Tree is profited from raising prices above a dollar. The retailer is adding $3 and $5 items in over 1,800 stores this year. Some of these products are frozen and refrigerated foods like pizza and ice cream. Now stocks were mixed yesterday. Interest rates rocketed higher so that could slow down economic growth.

And today we're very quiet, pointing up about 20 points. Life in the Nasdaq Market Site, I'm Jane King. Back to you.