All The New Economy
Aetna pulls out of exchanges, highlighting a major challenge for ObamacareAetna, one of the country’s biggest health insurers, today said that it will stop offering health plans through the Affordable Care Act exchanges in 11 out of the 15 states due to low profits.
People with bad credit are using credit cards more. Is that good or bad?Banks are starting to give access to credit to people with low credit scores, according to a new report from the Federal Reserve Bank of New York. That's good for the economy but could be a potential problem down the line if borrowing gets out of hand.
How far does $100 go in your home state?By some measures, Nebraska is 'richer' than New York or California. It's not about income, but how much it affords people in different states that determines wealth or poverty.
Bitcoin security breaches raise questions about digital currency's futureNearly 120,000 units of bitcoin, worth nearly $78 million, were stolen from Bitfinex, a Hong Kong exchange and currency-storage platform, the company confirmed Wednesday.
Are top CEOs worth their eye-popping pay? New report says no.In a decade-long analysis, a research firm has found that the companies run by the highest-paid CEOs are the worst performers.
Is bitcoin money? Are Airbnbs hotels? Why courts have trouble deciding.Digital currencies such as bitcoin do not fit classic definitions of 'money' and are therefore difficult to regulate with existing laws. It's one of a number of new technology innovations that regulators are struggling to fit into traditional laws.
Which country is best for children? Not the United States, study finds.Though it has the largest economy, the United States ranks ninth of 19 countries in a newly released report by Save the Children, which ranks G20 nations in terms of creating the best environment for raising kids.
In medical journal, president defends 'Obamacare,' suggests further reformsPresident Obama is the first sitting president to publish an article in The Journal of the American Medical Association.
Jamie Dimon increases wages for low-level JPMorgan Chase workersIn a financial industry where CEOs make almost 470 times what entry-level workers make, JPMorgan Chase is set to increase wages for low-level employees by about 20 percent by February.
Jobs report offers relief after disappointing May, politically turbulent JuneThe US economy added 287,000 jobs in June, according to the Labor Department. Though economists are uncertain whether that breakneck pace will continue, the surge is a comforting sign after dismal job growth in May and global political uncertainty in June.
Jobless claims and ADP report allay fears of a job market slowdownThe economy added 172,000 jobs over the month according to ADP, and jobless claims dropped unexpectedly last week.The reports allay some fears that a disappointing May jobs report was the start of a steep downward trend.
Are there too many bosses, and is that ruining our economy?The size of the 'middle layers' of organizations – the managers and administrators – has ballooned in recent decades. Is there a better way?
What's keeping Millennials away from the stock market?Among the biggest reasons, says a new survey, is that they can't afford to -- an obstacle that prevents older generations from investing as well.
Women lag men in retirement savings, but they have one big advantageBecause women are more likely to take time off of work or work part-time, saving for retirement can be more difficult. However, women are more likely to enter fields with more stable retirement plans.
Rental prices keep climbing, but relief is aheadAn increase in available housing this year may have rent prices settling down soon, economists say.
Check your health coverage with an explanation of benefits, or EOBYour EOB is the only way to know which medical services your health insurance plan covered, and you’ll need it if you were denied coverage or want to negotiate your bill.
After Brexit, what should investors do? Relax.Britain's vote to leave the European Union sent the financial world into turmoil this past week as panicked investors moved trillions of dollars out of global markets. That's precisely what investors shouldn't do, advisors say.
After robots take our jobs, who will pay for social security?It's not science fiction: robots will soon become contributing members of the workforce, and the European Parliament wants the European Union to start planning for the not-so-distant future.
How hard will Brexit hit the US economy?Though Britain's vote likely won't throw the United States into economic turmoil – in fact it may have some short-term financial benefits – the message behind it has acute implications here, some say.
Asia's millionaires now control more wealth than North America'sAsian millionaires now control more wealth than millionaires in North America, according to a new report. The United States, however, is still home to more millionaires than any other country.
