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Health insurance doesn't always protect you from medical debt
You can still pile up medical debt even if you have insurance. In fact, a new Commonwealth Fund survey says almost one in three working-age adults wi…
10 hours ago
The human costs of Medicaid cuts
The big Republican tax and spending law that President Donald Trump signed a little more than a year ago made significant cuts to Medicaid funding. S…
1 day, 7 hours ago
Airfares have been taking off
One of the fastest-rising prices last month was airline fares. They were up 23% year over year in August, according to the latest reading of the cons…
1 day, 10 hours ago
Rising diesel prices will mean rising grocery prices
The average price of a gallon of diesel just passed $6 for the first time late last week. Since then, it’s kept climbing and hit $6.31 a gallon this …
2 days, 7 hours ago
Where interest rates go from here
Later today, we’ll learn whether Federal Reserve officials have decided to raise interest rates or leave them alone. Either way, economists and inves…
2 days, 10 hours ago
Why a 10-year bond at a 5% yield is a pretty big deal
The yield or interest rate on 10-year Treasury bonds has reached the critical threshold of 5%. This is a key rate because it’s tied to some major bor…
3 days, 7 hours ago
Understanding the "stealthy wealthy"
Picture someone wealthy; your image may be of some tech billionaire. Now picture the wealthiest person you know. Odds are it's not a Silicon Valley t…
3 days, 10 hours ago
More pain at the pump to come
Crude oil prices are up again this morning. For months, we've been hearing about the Strait of Hormuz, how the slowdown of oil tanker traffic there h…
4 days, 7 hours ago
The case for an AI slowdown
The push for guardrails for Artificial Intelligence took on new urgency over the weekend. The leaders of several AI companies called for a slowdown i…
4 days, 10 hours ago
Inflation, energy, and bond market interventions
This morning, we got consumer price index data for August. Prices went up 0.4%, and annual inflation is running at 3.4% — in line with expectations, …
1 week ago