The order is based on a "most favored nation" pricing model, which is similar to a policy Trump pushed in his first administration.

There are significant questions on how the order can be implemented, and if companies can raise prices on already approved drugs, analysts say.

President Trump's executive order on drug pricing caused a surprising rally in pharmaceutical stocks. Read my analysis of PJP ETF.

Roughly 3,000 homeless veterans live in the California hotspot, accounting for about 10% of all homeless veterans in the nation.

The U.S. and China agreed to lower tariffs for 90 days. The details: U.S. tariffs on Chinese goods will fall to 30 percent from 145 percent. Meanwhile, China’s blanket tariffs on U.S. products will drop to 10 percent from 125 percent. A few tariffs will remain. President Donald Trump signed an order to lower prescription drug prices.

The potential actions could include overhauling the Nuclear Regulatory Commission and leaning on the U.S. military to deploy new reactors.