Global policymakers admit that how their economies fare next year largely rests on President-elect Trump and whether his trade agenda becomes a reality. Why it matters: The economic backdrops in major nations from China to Canada are starkly different, but their outlooks all risk being blown up by tariffs. The extent of the blowback on the U.S. is anyone’s guess. The big picture:…
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Letters: Protect patients from greedy insurers. Biden's legacy will be genocide.
The Federal Reserve announced that they’re cutting their benchmark rate by a quarter-point, 4.75% to about 4.3%, when their meeting ends Wednesday.
Patrick De Haan, head of petroleum analysis at GasBuddy, predicted weakening momentum for falling gas prices.
The recent death of UnitedHealthcare CEO Brian Thompson has sparked a wave of tensions in the health insurance industry. Following the arrest of Luigi Mangione, the main suspect in the murder, threatening posters have appeared in Manhattan that include images of top executives in the industry. Brian Thompson, 50, was a prominent figure in the U.S. healthcare…
SACRAMENTO— The most telling sentence in a lengthy Wall Street Journal article about Luigi Mangione, the Ivy League- educated scion of a prominent Maryland family who is suspected of shooting UnitedHealthcare CEO Brian Thompson, is surprisingly banal:“ It wasn’ t clear what dealings he had with health-insurance companies.”. As Business Insider reported,…
The assassination of a health insurance executive steps outside a Midtown Manhattan hotel before sunrise on Dec. 4 has exposed long simmering public rage. Not at our gun culture. Not over our dangerous streets. The rage was directed at amoral actions by the health insurance industry, a major factor in the dysfunction of our health…
I remember the room so clearly. It was a small conference space in the Concord Monitor newspaper office in New Hampshire, scarcely big enough for two people. I had ducked into the room to make a phone call to a mail-order pharmacy, one of the “conveniences” required by my health insurance company.
(The Center Square) – The week ahead is packed with significant data releases, culminating in the Federal Reserve’s highly anticipated interest rate decision. While no immediate policy shift is expected, Chairman Jerome Powell and the Fed will face the challenge of reflecting current economic strength and stubborn inflation in their updated Summary of Economic Projections…
Mike Plante struggled with his weight for years, but within six months of starting with the injection drug semaglutide, a medication for diabetes that’s also being used for weight-loss, he’s down 65 pounds. “I still have an appetite; I just get full quicker,” Plante, of South Charleston, said. “So, I’m eating less of things. But […]
European Central Bank chief Christine Lagarde said Monday eurozone policymakers would keep cutting interest rates and warned that higher US tariffs under President-elect Donald Trump could hit growth in the bloc.
Donald Trump’s victory, along with Republicans’ diminished hold on the House and their capturing of the Senate, may be characterized by some as a triumph of populism, but its aftermath already can fairly be characterized as Predators’ Ball, Part Deux. Trump’s under-50-percent popular vote and his historically narrow popular-vote margin over his opponent may be…
OneCare, Vermont's only accountable care organization, announced in November it would be shutting down in 2025, but it's still funding new initiatives.
As the end of the year draws near, state insurance regulators are reaching their self-imposed deadline to finalize what they've promised will be the most significant reforms in more than three decades. A big piece of the puzzle came together Friday, when the California Department of Insurance announced that its new regulation allowing insurance companies…
We today announce the formation of The Shadow SEC, an independent organization of six current academics that, like the earlier established Federal Reserve Shadow Open Market Committee, is intended to provide, encourage, facilitate, and distribute policy discussions and debates relating …
how angry the public is with health care costs. I'm glad people are voicing their anger against insurers, but they should be directing equal anger against hospitals, particularly since so many are nonprofit. " "We spend more on administrative costs than we do on caring for heart disease and caring for cancer," said Harvard University economist David Cutler. "
This Bernie Sanders interview with Kristen Welker on Meet the Press shows how the mainstream media subliminally maintains a narrative to protect the health insurance industry’s misdeeds. The video highlights how mainstream media subtly defends corporate interests, particularly the health insurance industry while downplaying systemic violence caused by their policies. It critiques…
The Federal Reserve’s anticipated 25 basis point rate cut reflects a cautious approach to balancing persistent inflation pressures with the need to sustain economic growth.
Andrea Deutsch, the mayor of Narberth, Pennsylvania, and the owner of a pet store in town, doesn’t get health care coverage through either of her jobs. Instead, she is enrolled in a plan she purchased on Pennie, Pennsylvania’s health insurance exchange. Deutsch, who has been mayor since 2018, is paid $1 per year for the […]
