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  • Despite CPI, economists agree higher prices are coming

    Despite CPI, economists agree higher prices are coming

    David Solomon, CEO of Goldman Sachs, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22nd, 2025.

    Gerry Miller | CNBC

    Don't mess with DJ D-Sol — Goldman Sachs CEO David Solomon's stage name when he's rocking the clubs in his other life as a DJ.

    U.S. President Donald Trump criticized Goldman on Tuesday for predicting that tariffs would push up inflation, and said Solomon "should go out and get himself a new Economist or, maybe, he ought to just focus on being a DJ."

    In response, Goldman defended the results of its study, according to a CNBC interview with the bank's economist David Mericle.

     "If the most recent tariffs, like the April tariff, follow the same pattern that we've seen with those earliest February tariffs, then eventually, by the fall, we estimate that consumers would bear about two-thirds of the cost," Mericle said.

    Goldman, in fact, is not the only Wall Street bank putting forth this view.

    UBS senior economist Brian Rose wrote that "the downward trend in core inflation has been broken as tariffs start to feed through into retail prices," while Michael Feroli, chief U.S. economist at JPMorgan Chase, said in a note that tariffs could "add 1-1.5% to inflation, some of which has already occurred."

    Of course, a consensus view does not mean predictions will come true. Recall how economists were all but certain a U.S. recession would happen in 2023 — only for the economy to grow 2.5% that year.

    In any case, if Goldman — and economists from other banks —is proven wrong on tariff-driven inflation, and Trump, in a hypothetical scenario, manages to somehow push Solomon out of his position, at least DJ D-Sol will still be out there spinning records.

    — CNBC's Jeff Cox contributed to this report

    What you need to know today

    And finally...

    Apple CEO Tim Cook (R) shakes hands with U.S. President Donald Trump during an event in the Oval Office of the White House on August 6, 2025 in Washington, DC.

    Win Mcnamee | Getty Images

    How Big Tech is paying its way out of Trump's tariffs

    Top tech executives are at the forefront of a recent swathe of unprecedented deals with U.S. President Donald Trump. In particular, Nvidia and Advanced Micro Devices, as well as Apple, have struck agreements with the White House.

    "The flurry of deal-making is an effort to secure lighter treatment from tariffs," Paolo Pescatore, technology analyst at PP Foresight, told CNBC by email. Big tech companies can "ill afford to fork out on millions of dollars in additional fees that will further dent profits as underlined by recent quarterly earnings," Pescatore said.

    — Sam Meredith


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  • Various sectors: Need to boost Pakistan-ASEAN connectivity: FPCCI – Business & Finance

    Various sectors: Need to boost Pakistan-ASEAN connectivity: FPCCI – Business & Finance

    KARACHI: Atif Ikram Sheikh, President FPCCI, President ECO-CCI and VP CACCI, has emphasised that ASEAN is one of Pakistan’s major trading partners; with bilateral trade reaching $9.06 billion.

    However, the trade balance remains heavily in favor of ASEAN member countries – as Pakistan’s exports stand at $2.2 billion; while imports totaled $6.8 billion — 90 percent of which is concentrated among five countries: Malaysia, Thailand, Vietnam, the Philippines and Indonesia.

    It is pertinent to note that ASEAN Day was commemorated at FPCCI Head Office, Federation House, with the primary objective to strengthen Pakistan-ASEAN connectivity in transportation, communication and blue economy; as well as, fostering closer people-to-people; business-to-business and trade ties. The session was attended by senior diplomats, government officials, industrialists, exporters, and other prominent stakeholders from across ASEAN member nations.

    Atif Ikram Sheikh maintained that, given ASEAN’s ascension up the value chain in manufacturing and services in the world markets, the FPCCI wants to provide a platform to discuss strategies for smoother trade terms, market exploration and mutually beneficial partnerships for the Pakistani business, industry and trade community.

    Herman Hardynata Ahmad, Consul General of Malaysia in Karachi, expressed his optimism on the series of concrete trade promotion activities and economic diplomacy ongoing between Pakistan and ASEAN – and, termed the efforts of FPCCI as instrumental in facilitation of business tourism, trade agreements and exchange of delegations.

    The consul generals and diplomats of Thailand, Vietnam and the Philippines specially invited trade delegations from Pakistan’s apex trade body of FPCCI for the significant trade promotion activities, events and exhibitions to be held in their respective countries.

    Saquib Fayyaz Magoon, SVP FPCCI, apprised that the trade and investment potential with ASEAN countries is diverse and exponential; including, textiles, apparel, agriculture, fisheries, food, beverages, carpets, footwear, construction, insurance, information technology, oil, handicrafts, jewelry, cosmetics, perfumes, healthcare, renewable energy, pharmaceuticals, coffee beans, green coffee, electronics, fruits and spices. Saquib Fayyaz Magoon noted that trade relations between Pakistan and ASEAN countries are below potential; and, highlighted Pakistan’s Free Trade Agreement (FTA) with Malaysia and Preferential Trade Agreement (PTA) with Indonesia. He also mentioned ongoing negotiations for an FTA with Thailand and PTA with Vietnam.

    Abdul Mohamin Khan, VP & Regional Chairman Sindh, FPCCI, explained that the relations between Pakistan and ASEAN are multidimensional and have grown significantly over the years due to mutual trust, cooperation and cultural linkages.

    He expressed his satisfaction that major stakeholders and business leaders joined the B2B session with the ASEAN delegation to FPCCI this year. There are considerable incentives to invest in Pakistan; country has abundant workforce and enjoys strategic economic geography – making it an ideal hub for ASEAN investors to establish manufacturing units for marketing products in the Middle East; Central Asia and Western China, he added.

    Copyright Business Recorder, 2025

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  • 982nd Urs of Data Ganj Bakhsh starts: Pakistan making rapid progress: Dar – Pakistan

    982nd Urs of Data Ganj Bakhsh starts: Pakistan making rapid progress: Dar – Pakistan

    LAHORE: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar said on Wednesday that Pakistan is making rapid progress and will achieve greater strength, prosperity and dignity in the international community.

    Under the Prime Minister Shehbaz Sharif’s leadership and guidance, his team is working diligently to advance quickly on economic, diplomatic and developmental fronts, Ishaq Dar said while talking to the media after inaugurating the 982nd Urs of Hazrat Ali Hajveri, known as Data Ganj Bakhsh.

    He added that Pakistan’s focus must remain on effectively managing its affairs and journey of moving forward. He added that Prime Minister Shehbaz Sharif is fully focused on economic development. Federal Minister Abdul Aleem Khan and Provincial Minister Bilal Yasin were also present on the occasion.

    Dar maintained that, by the grace of Allah Almighty, the journey of progress will continue until the country emerges as a strong fortress of Islam on the world map. He stated that development is a long process but stressed that Pakistan’s progress has already begun. He expressed gratitude to Allah Almighty for bestowing honour upon Pakistan and guiding it toward economic stability and diplomatic success.

    Regarding counter-terrorism, he revealed that on Tuesday, the Ministry of Foreign Affairs hosted an extensive dialogue with a high-level US delegation comprising two dozen officials from both countries. He said Islamabad had been providing Washington with irrefutable evidence for the last year that the Majeed Brigade is part of the BLA and was involved in the Jaffar Express attack.

    Copyright Business Recorder, 2025

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  • Paramount's new owners to increase film production, hang on to cable networks – Reuters

    1. Paramount’s new owners to increase film production, hang on to cable networks  Reuters
    2. David Ellison Confirms BET Networks No Longer for Sale During Media Q&A With Paramount Skydance Leaders  Variety
    3. Paramounts new owners to increase film production, hang on to cable networks  Mint
    4. Paramount Skydance Says It Won’t Spin Off Cable Networks, But …  hollywoodreporter.com
    5. Paramount CEO David Ellison: BET Media no longer for sale  TheDesk.net

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  • After owning every Google Pixel flagship, here’s why 2025 will be a turning point for me

    After owning every Google Pixel flagship, here’s why 2025 will be a turning point for me

    Adam Breeden/ZDNET

    ZDNET’s key takeaways

    • The Google Pixel 10 is expected to receive significant upgrades this year, including a dedicated telephoto lens.
    • Greater feature parity with the Pro models, combined with no expected price increases, makes the standard Pixel an enticing option.
    • It still won’t be the best option for power users, especially if you want the most capable camera system from Google.

    Google’s non-Pro Pixel phone has always been the “safe pick.” It’s the model I recommend to most users, so long as they can live without the Pro features — whether that’s an extra telephoto camera, more RAM, or better hardware.

    Also: This rumored Pixel 10 feature puts Google above Samsung and OnePlus for me – here’s why

    While there’s little left to the imagination as far as what the upcoming Google Pixel 10 phones will look like, if the leaks and rumors are true, there will be a notable shift in dynamics this year. I’ll say it now: The Pixel 10, not the Pixel 10 Pro, will be both the safe pick and the best pick in 2025. I’m not alone in that belief, and here’s why.

    1. A telephoto lens to zoom further

    Google Pixel 9 Pro Camera

    Kerry Wan/ZDNET

    An early look at marketing renders suggests that the base-model Pixel 10 will finally get a dedicated telephoto lens, rounding out the traditional main and ultrawide sensors. Whether it’s pulled from last year’s Pixel 9 Pro Fold or another older model, having a greater optical zoom range will allow users to capture distant subjects with more clarity and detail. 

    It’s a big win, whether you frequently capture photos of your child or pet running around from afar, or want to preserve the liveliness of an artist from your nose-bleed seats.

    Also: Google will announce its next lineup of Pixels on August 20 – Here’s what we know

    There is one notable trade-off with this design decision: Google is reportedly downgrading the main and ultrawide sensors of the Pixel 10 to match the Pixel 9a (which had an inferior camera system to last year’s Pixel 9) in order to integrate the additional telephoto sensor. While I found the Pixel 9a’s 48MP shooter capable enough for most environments, camera buffs may be more drawn to the Pixel 10 Pro for this reason.

    2. The same Tensor G5 chip as the Pro

    Gemini on Pixel 9 Pro

    Adam Breeden/ZDNET

    Google’s in-house Tensor chipset doesn’t necessarily have the best track record for performance, cellular connectivity, and efficiency, but things are looking up with the upcoming G5 model. If the rumored 3nm design and TSMC-based manufacturing (versus Samsung Foundry) are to be realized, we may finally be looking at a system processor that delivers snappy day-to-day performance while also reliably maintaining heat and power usage.

    Also: Google’s latest chip is all about reducing one huge hidden cost in AI

    To be clear, I’m not expecting the Tensor G5 to set new benchmark high scores or compete closely with the Samsung Galaxy S25 Ultra or OnePlus 13; that’s never really been the draw of Google’s in-house silicon. 

    Instead, having the same processor as the Pro models should give the standard Pixel 10 access to all of Google’s latest AI tools, many of which have landed well with consumers over the past year. Perhaps most importantly, Google will still have full rein over the Pixel line’s software and security updates, allowing the devices to stay more feature-relevant than any other Android phone on the market.

    3. The flashiest features will also be on the non-Pro model

    Google Pixel 9 Pro

    Kerry Wan/ZDNET

    From the feature parity that includes magnet-based Qi2 wireless charging capabilities to a charming new Indigo blue color, it’s likely that the Google Pixel 10 will be the model that appeals to most people. It certainly has for me, much like how the ultramarine iPhone 16 stuck out in the spread of subdued, monotone Pro model handsets last year.

    Also: The best Android phones to buy in 2025

    Another hardware difference between the regular and Pro Pixel phones this year will be the textured sides, with the former being matte-treated and the latter having a glossy finish. From having tested various handsets with various industrial designs over the years, I’ve found that matte-treated side rails are the most effective. The finish resists retaining oil and fingerprint smudges, keeping the phone looking cleaner.

    Alas, the Pixel 10’s lower price point, projected to still be $799 for the 128GB configuration, makes it a compelling upgrade for anyone coming from an older handset. We’ll learn more about the new Pixel 10 phones during the Made by Google event next Wednesday, so stay tuned.

    ZDNET has reached out to Google for more details on the rumors and will report back with any new information.


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  • Boars, Butterflies or Bees? Competition opens to name NRL’s new PNG team | NRL

    Boars, Butterflies or Bees? Competition opens to name NRL’s new PNG team | NRL

    Following the Perth Bears, the next franchise to join the National Rugby League competition may just be the PNG Boars. Or will it be the Hunters, the Chiefs or even the Coastal Thunderhawks?

    That will be decided in coming months after the NRL’s Papua New Guinea franchise launched an international call-out for suggestions, giving fans two weeks to come up with an identity for the new entity.

    Prime minister James Marape said it was an important step for more than just the club. “This team must be owned by the people of Papua New Guinea,” he said. “It must tell our national unification story and resonate with the idea of one people, one nation, one country.”

    At an event at the National Stadium in Port Moresby on Wednesday, Marape was joined by Australian High Commissioner to PNG, Ewen McDonald, and franchise chief executive Andrew Hill.

    “We no longer want to be a franchise, we no longer want to be a bid, we actually want to be a club,” Hill said. “Before we become a club, we need a name.”

    On the website for submissions, Boars, Chiefs and Coastal Thunderhawks are suggested, but within hours social media has been flooded by hundreds more options.

    The PNG Hunters is an early favourite, given a team under that banner has competed in the Queensland Cup competition since 2014. There have also been more novel proposals.

    “The fitting name would be PNG Traders,” one said. “The name strongly takes us back to the days of our ancestors prior to the arrival of colonisers into PNG.” Another proposed the PNG Flames “since we have many active volcanoes”.

    PNG Butterflies and PNG Bees featured in one pitch, continuing a theme for the natural world that included the Birds of Paradise and the PNG Hornbills, known locally as Kokomos.

    Another fan wanted the Muruks, a variety of cassowary, because it is “an iconic and formidable bird” that “represents power, agility, and a deep connection to the natural environment”.

    At the end of August, five names will be selected by the club’s board to progress to a second phase which will involve a public vote.

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    “At this stage though, we need everybody that’s interested to give us a name so we can take forward and turn this franchise into a thriving NRL club,” Hill said, confirming the process was open to anyone around the world as long as they were “connected to PNG”.

    The club’s entry into the NRL was confirmed last year thanks to a $600m pledge from the Australian government to PNG and Pacific rugby league.

    Yet the new franchise – due to enter the NRL in 2028 – has already faced challenges. Bid chairman and businessman Wapu Sonk stepped down from the board due to allegations of corruption made in July unrelated to the team. He has denied any wrongdoing and said the claims are “baseless”.

    Similar fan-driven naming processes have been undertaken for clubs in recent decades, including for the Tasmania Devils in the AFL, and are designed to connect clubs with potential fans before the players take the field.

    Marape said he had entered a suggestion, but told local media he would not reveal it. “I don’t want to influence the mindset of the country,” he said.

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  • Shelby American Unveils 2026 Wide Body Super Snake-R, a

    Shelby American Unveils 2026 Wide Body Super Snake-R, a

    LAS VEGAS, Aug. 13, 2025 (GLOBE NEWSWIRE) — LAS VEGAS – August 13, 2026 – Shelby American, a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK), today introduced its first Shelby Super Snake-R model, a limited edition sports car based on the Ford Mustang Dark Horse. with a sophisticated coil-over independent suspension, widened stance, larger tires, aerodynamic carbon fiber parts, cooling upgrades and many other enhancements.

    “The Shelby Super Snake’s roots come from a rich motorsport history as the first Shelby Super Snake in 1967 was built for high speed runs on the racetrack,” said Joe Conway, CEO of Shelby American. “However, the ‘R’ model designation has never been applied to a Shelby Super Snake. We can build a small number of the 2026 model car at a much higher level of performance, which earned it the special ‘R’ badge.”

    Shelby American starts with the 500 horsepower Ford Mustang Dark Horse fastback and supercharges the 5.0L V8, giving the 850+ dependable horsepower. It is available with a Tremec TR-3160 manual 6-speed or 10 speed automatic transmission.

    “The 2026 Shelby Super Snake-R was optimized at every level using the best components available to create a dominating track star,” said Gary Patterson, President of Shelby American. “We’re unlocking the reliable 5.0 liter Coyote’s great potential by supercharging it, making well over 850 horsepower in a vehicle effortlessly maintained at any Ford dealership. Serious enthusiasts can drive a powerful sports car that is easy to keep in peak running condition.”

    While horsepower attracts great attention, it is the fully adjustable coil over suspension, wider stance, flowing metallic bodywork and Shelby specific chassis stiffening system that really sets the new car apart.

    “The 2026 Shelby Super Snake-R simply has the best handling prowess that we’ve ever offered in the history of the car,” said Vince LaViolette, Shelby American Vice President of Operations and Senior Designer. “From the fully adjustable coil overs to replacing rubber bushings with metal spherical bearings and a harness strut bar that ties together the rear shock towers, this advanced suspension is very impressive. We tuck everything underneath a gorgeous wide body package that allows us to fit massive tires on the car to maximize traction.”

    The results speak volumes.

    According to LaViolette, “The new suspension is a real game changer. The R is far more solid, more connected and more poised than any other Super Snake we’ve built. And it is so adjustable that an experienced driver can easily tailor it to their taste. If you are ready to be a track king, your car has arrived.”

    The Shelby Super Snake-R is a combination of many upgrades designed to create a complete package. The company liberally used carbon fiber and lightweight magnesium alloy for the limited edition car. Despite adding approximately 40 percent more power, a much more advanced suspension, lighter brake components, massive 335-35-20 Michelin tires and metallic wide body fenders, the Shelby Super Snake-R weighs 4,004 pounds, only 116 more than the Ford Mustang Dark Horse base car.

    “We were obsessive in our efforts to reduce weight and improve the car’s balance,” said LaViolette. “From our proprietary hood to the splitter and other key components, we used carbon fiber components to minimize weight and redirect the wind for better cooling. The power to weight ratio of the Shelby Super Snake-R is staggering.”  

    This is Shelby American’s third car based on the new S650 Ford Mustang platform. Shelby American has spent the past two years designing its R model. A bold optional graphics package alerts others on the track of the car’s rapid approach, just before it overtakes them. 

    “We carefully listened to our customers, who asked us for an R version of the Super Snake with greater capabilities, and delivered using proven components like the 5.0 V8,” said Patterson. “The 2026 widebody R is the most aggressive Shelby Super Snake ever offered.”

    The car will start at $224,995***, including the base Ford Mustang Dark horse. The Shelby Super Snake is offered through Shelby authorized distributors in the United States. A limited number may be built by select Shelby mod shops and distributors internationally. Individuals interested in a Shelby vehicle can contact Shelby American directly; a sales representative will connect them to the authorized Shelby distributor of their choice. 

    Each vehicle from Shelby American is documented in the official Shelby Registry. The cars come with a 3 year/36,000-mile warranty; the powertrain warranty from Ford remains intact.

    *850+ FWHP using 93 octane fuel (US and 98 octane ratings in Europe and other markets)
    **Supercharger available for post-title sales only
    ***Pricing based on using a 600A Ford Mustang Darkhorse  

    About Shelby American, Inc.
    Founded by legend Carroll Shelby, Shelby American, a wholly owned subsidiary of Carroll Shelby International Inc. (CSBI:PK), manufactures and markets performance vehicles and related products. The company builds authentic continuation Cobras, including the 427 S/C, 289 FIA, 289 streetcar, Daytona Coupe and Shelby Series 2 component vehicles; it offers the Shelby GT, 1000, Super Snake, GT350, SE and GT post-title packages for the 2005-2026 Ford Mustang. Shelby American also offers the Shelby Raptor, Shelby F-150 Super Snake and Shelby F-150 trucks, as well as the Shelby F-250 Super Baja. Heritage cars include the continuation 1965 Shelby GT350 competition model, 1967 Ford Shelby Super Snake and 1968 Ford Shelby GT500KR. For more information, visit www.Shelby.com.

    • Shelby American Unveils 2026 Wide Body Super Snake-R
                

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  • Gold (XAUUSD) Gains After Bessent Urges US Central Bank to Slash Rates

    Gold (XAUUSD) Gains After Bessent Urges US Central Bank to Slash Rates

    Gold rose for a third day as bets on Federal Reserve interest-rate cuts increased after Treasury Secretary Scott Bessent urged the US central bank to lower borrowing costs.

    Bullion traded near $3,370 an ounce after Treasury yields fell on Wednesday as Bessent suggested the Fed’s benchmark rate ought to be at least 1.5 percentage points lower than it is now. Lower borrowing costs and declining yields tend to support gold, as it pays no interest.

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  • Emerging Trends with Theranostics in Prostate Cancer, Part 2

    Emerging Trends with Theranostics in Prostate Cancer, Part 2

    There are several ongoing clinical trials looking at the use of alpha-emitting, prostate-specific membrane antigen (PSMA)-targeting therapy for patients with prostate cancer (PCa), according to Jeremie Calais, M.D., Ph.D. During a new Diagnostic Imaging podcast, Dr. Calais suggested the potential of this modality’s efficacy and reduced side effects could eventually lead to a significant role in this patient population.

    “Maybe in 10 years, I think Pluvicto will be replaced by alpha-emitting agents targeting PSMA. That may be something that I foresee,” posited Dr. Calais, the director of the theranostics program with the Ahmanson Translational Theranostics Division at the David Geffen School of Medicine at the University of California, Los Angeles (UCLA).

    While cautioning that the research is in the “very early days on alpha emitters,” Robert Flavell, M.D., Ph.D., said preliminary data has shown encouraging efficacy and noted other potential attributes.

    “The side effect profile is a little different with the alpha emitters. They seem to have a much more pronounced xerostomia or a dry mouth, but perhaps less toxicity in other areas like the bone marrow. So we’ll see how that all plays out. Another potential advantage for alpha emitters is relatively simplified radiation handling because you’re typically giving much lower administered activities, and they have lower gamma fractions, so the patients are emitting a lot less radiation to the environment and to family members,” pointed out Dr. Flavell, the chief of molecular imaging and the Therapeutics Clinical Section in the Department of Radiology and Biomedical Imaging at the University of California, San Francisco (UCSF).

    (Editor’s note: For related content, see “The Reading Room Podcast: Emerging Trends with Theranostics in Prostate Cancer, Part 1,” “PSMA PET/CT Facilitates Better Long-Term Survival Rates After Salvage Radiotherapy for Recurrent PCa” and “SNMMI: Can Multimodal Monitoring Bolster Outcomes with Pluvicto in Treating mCRPC?”)

    For more insights from Dr. Calais and Dr. Flavell, listen below or subscribe on your favorite podcast platform.

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  • Pregabalin raises heart failure risk in older adults compared to gabapentin, study finds

    Pregabalin raises heart failure risk in older adults compared to gabapentin, study finds

    Older adults taking pregabalin for chronic pain had up to an 85% higher risk of heart failure than gabapentin users, raising fresh caution for prescribing practices in high-risk groups.

    Study: Initiation of Pregabalin vs Gabapentin and Development of Heart Failure. Image Credit: Vector_Leart / Shutterstock

    In a recent study published in JAMA Network Open, researchers compared heart failure (HF) incidence between users of gabapentin and pregabalin.

    Non-opioid medications, such as gabapentin and pregabalin, are gabapentinoids (analogs of gamma-aminobutyric acid) prescribed for chronic pain disorders. They are preferred over opioids for chronic non-cancer pain treatment due to the higher risks of overdose, addiction, and death associated with opioids. Non-opioids are specifically indicated for older individuals, as they are among those with the most risk for adverse effects related to opioids.

    Both gabapentin and pregabalin bind specific subunits of N-type and P/Q-type voltage-gated neuronal calcium channels, reduce neurotransmitter release, and exhibit antinociceptive effects. However, adverse cardiovascular effects, including peripheral edema and HF, have been associated with gabapentin and pregabalin due to their additional effects on α2δ subunits of L-type calcium channel subunits on ventricular cardiomyocytes and arteries.

    Moreover, the risk of adverse effects may be higher with pregabalin compared to gabapentin due to its higher potency and receptor binding affinity. However, there are only a few studies that assessed the comparative HF risk between gabapentin and pregabalin users. In addition, most of these studies did not focus on older individuals, limited their analyses to neurological indications, or lacked a rigorous HF definition.

    To address these gaps, the researchers used a target trial emulation design, a framework that mimics a randomized controlled trial using observational data to estimate causal effects more robustly. They adjusted for 231 covariates using inverse probability of treatment weighting to minimize confounding.

    About the study

    In the present study, researchers compared the incidence of HF among individuals prescribed gabapentin or pregabalin for chronic non-cancer pain. A 20% sample of Medicare beneficiaries between January 1, 2015, and December 21, 2018, was included. The cohort comprised beneficiaries aged 65–89 and was limited to those with outpatient medical care, prescription drug, and hospitalization coverage. Patients enrolled in Medicare Advantage (Part C) were excluded due to incomplete claims data.

    Patients with a chronic pain diagnosis and a new prescription of gabapentin or pregabalin were included in the cohort. Individuals with terminal illnesses, a history of HF, hospitalization on the day of prescription, hospital stay more than 29 days, or a stay more than 29 days at a long-term care facility were excluded. Subjects were followed up until an emergency department (ED) visit or hospitalization for HF, death, or the end of the study.

    The primary outcome was an ED visit or hospitalization for a primary HF diagnosis. Secondary outcomes included outpatient encounters with a primary HF diagnosis and all-cause mortality. Hazard ratios for gabapentin and pregabalin were estimated using Cox proportional hazards regression. The models were adjusted using inverse probability of treatment weighting based on a propensity score that incorporated 231 demographic, clinical, and medication-use variables. Further, stratified analyses were performed by sex, race, ethnicity, and history of cardiovascular disease (CVD).

    Findings

    The cohort comprised 246,237 Medicare beneficiaries, with a median age of 73. Of these, 92.4% used gabapentin and 7.6% used pregabalin. Most participants were female (66.8%) and White (79.9%). Neuropathic, back, and musculoskeletal pain were the most common diagnoses associated with gabapentin and pregabalin prescriptions. Gabapentin and pregabalin users had overall comparable frequencies of diagnoses of cardiovascular and other conditions.

    Nevertheless, pregabalin users had an increased prevalence of fibromyalgia, diabetic neuropathy, greater use of duloxetine and cyclooxygenase-2 inhibitors, and a lower proportion of White individuals. Overall, 1.3% of the cohort developed HF during a follow-up of 114,113 person-years. HF incidence per 1,000 person-years was 12.5 for gabapentin users and 18.2 for pregabalin users.

    Pregabalin was associated with a higher HF risk compared to gabapentin in females, White individuals, and those with a CVD history. Further, the risk of outpatient HF was significantly higher for pregabalin users compared to gabapentin users. However, all-cause mortality did not significantly differ between these groups.

    In a negative control analysis using hip fracture, a condition unrelated to the exposure or outcome, no significant difference was observed between the two drugs, supporting the specificity of the HF findings. Additionally, E-values were calculated to assess robustness to unmeasured confounding.

    Conclusions

    In sum, pregabalin initiation was associated with an increased risk of incident HF compared to gabapentin initiation in older individuals with chronic pain. This risk was especially pronounced among individuals with pre-existing CVD, supporting current recommendations for caution when prescribing pregabalin to older people with CVD.

    The study’s limitations include a sample skewed toward female and White individuals, sample restriction to those aged ≥ 65, exclusion of Medicare Advantage enrollees, and limited power for ethnic and racial minority groups. Furthermore, unmeasured confounders such as body mass index, smoking, physical activity, and socioeconomic status were not available in the Medicare dataset but were partially addressed through negative control and E-value analyses. Overall, clinicians should assess ongoing cardiovascular risk factors and provide adequate risk-benefit counseling to older people before prescribing pregabalin for chronic pain.

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