The drop in health insurance stocks after the landmark partnership announcement by Amazon, Berkshire Hathaway, and J.P. Morgan Chase is a buying opportunity, according to one Wall Street firm. The three companies revealed on Tuesday a plan to partner on ways to cut health-care costs and improve services for their U.S. employees. The firms will […]
Read moreJoseph Occhino, principal of Northern Highlands Regional High School in Allendale, New Jersey, has seen lots of changes during his 34 years as an educator. But last year he witnessed something he says he never could have imagined. His school, which draws students from four affluent towns in northwest Bergen County, was approved to administer […]
Read moreWe’ve seen some spectacular advances in fields ranging from surgery to gene editing, but health care still faces a lackluster problem: Many patients can only get health records from their doctor if the fax machine is working. Even when records are stored electronically, different chunks of every patient’s health information sit in inaccessible electronic record […]
Read moreApple is delaying new iOS software features — which were originally set to launch this year — into 2019, according to Axios. Apple’s software head Craig Federighi told employees the company needs to focus on performance and quality, according to Axios, which cited uinidentified sources. Apple’s newest iPhone and iPad software — iOS 11— has […]
Read moreStock markets will only be seriously affected by a sell-off in bond markets if the yield on the U.S. 10-year Treasury sees a sustained move above 3 percent, a senior analyst at Morgan Stanley told CNBC. And Jim Caron, a senior fixed income manager for asset management at the bank, believes that move isn’t going […]
Read moreThe supply crisis in the housing market is not letting up, and consequently neither are the gains in home values. National home prices continued their run higher in November, rising 6.2 percent annually on S&P CoreLogic Case-Shiller’s most broad survey, up from 6.1 percent in October. Another S&P index of the nation’s 20 largest housing […]
Read moreHe cut his teeth in the technology sector — running the world’s largest technology and internet fund for Merrill Lynch during the dot-com bubble. Now, Paul Meeks is trying to avoid most of it. His decision comes as the biggest tech names such as Facebook, Apple, Alphabet and Amazon report quarterly numbers this week in […]
Read moreCurrency, United States Finance
Sterling predicted to hit pre-Brexit vote level before the end of 2018
Sterling had been on a downward trend since the U.K.’s vote to leave the European Union in 2016, but reduced concerns over an abrupt break-up with the EU are sending the currency higher. The pound traded at $1.40 against the dollar Tuesday morning, not only boosted by a weaker dollar, but also because traders are […]
Read moreCheck out which companies are making headlines before the bell: Amazon, Berkshire Hathaway – The two companies and JPMorgan Chase have announced a partnership to explore ways to address health care concerns for their US employees. The stated goal of the partnership is improving employee satisfaction and reducing costs. The news has hit the shares […]
Read moreA sharp run-up in digital currency values didn’t just benefit crypto traders in the final months of 2017. Advanced Micro Devices will likely get a share of the riches, according to MKM Partners analyst Ruben Roy. Roy has turned more bullish on AMD on the calculation investors have yet to price in a boost from […]
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