Archive for October 16th, 2017

Toys “R” Us Inc., the retailer that filed for bankruptcy in North America, has been exploring options for its growing Asian business including a potential initial public offering, people with knowledge of the matter said.

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As the headline accompanyting this piece makes plain, our former Federal Reserve chairman is worried. That Bernanke is worried explains why readers shouldnt be.
Up front, dismissal of whats keeping Bernanke up at night isnt an effect of his now-famous assertion in June of 2007 that The troubles in the subprime sector seem unlikely to seriously spill over to the broader economy or the financial system. In Bernankes defense, if he had possessed a clue about where the economy and markets were headed he wouldnt have been Fed Chairman in the first place. Those with a truly…

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The short-term medical plans promoted in President Donald Trump’s new executive order on health care have a long history of customer disputes over preexisting conditions and denied claims — just the sort of scenarios that were being weeded out by Obamacare.

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The short-term medical plans promoted in President Donald Trump’s new executive order on health care have a long history of customer disputes over pre-existing conditions and denied claims — just the sort of scenarios that were being weeded out by Obamacare.

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On Wall Street, when things decline, you tend to remember. 

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Out-of-pocket health insurance costs for deductibles and co-pays will become unaffordable for many Americans

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In general, prosperity brings better health. But economic booms are also associated with air pollution, stress and car accidents.

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In his seeming eagerness to rein in the worlds multilateral lending agencies, one has to hope that President Trump has the wisdom to distinguish between the World Bank and the International Monetary Fund (IMF). Failing to do so could be a very costly mistake for both the United States and the world economy.
The World Bank has become a bloated development agency that has largely outlived its primary purpose. By contrast, the IMF is an agency whose importance in resolving global financial crises has only increased over the years as the global capital market has been liberalized. As such, the…

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Visitors to Saudi Arabia could be forgiven for thinking the country just got a dynamic young new king. 

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The company said Monday that it will receive an immediate cash infusion from Colony Capital.

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<p>U.S. stocks opened at record highs on Monday as Wall Street looked ahead to the release of Netflix's quarterly results.</p>

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Cutting the corporate tax rate to 20 percent, as President Donald Trump has proposed, would increase average household income by at least $4,000 a year, according to estimates in a White House study.

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Cutting the corporate tax rate to 20 percent, as President Donald Trump has proposed, would increase average household income by at least $4,000 a year, according to estimates in a White House study.

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Most beneficiaries have from Oct. 15 to Dec. 7 to decide on drug coverage and whether to switch from traditional Medicare to a Medicare Advantage plan.&nbsp;

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On Wall Street, when things decline, you tend to remember. When things decline a lot, you remember the date. Oct. 19, 1987, is one such example. The biggest single-day stock market collapse in history—a 23 percent drop—rendered once-trusted ideas useless and redefined the financial landscape for market professionals.

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