Category: Uncategorized
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Insurers Have Already Told Wall Street Which Advantage Plans Die on December 31. Members Are the Last to Know, and the Letter Isn’t Due Until October 2.
Insurers spent the summer telling Wall Street exactly which Medicare Advantage plans are disappearing on December 31. Enrolled members get a letter in October, a closing enrollment window in December, and a rare legal protection most will never realize they… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…
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Report: Fetterman called Wall Street Journal story ‘a hit piece,’ and apologized for a text message dismissing CHOP leaders
Listen to article • 0:00 min A curt text message privately rejecting concerns from leaders at the Children’s Hospital of Philadelphia about Medicaid cuts was a “dumb joke,” U.S. Sen. John Fetterman (D., Pa.) told CNN this weekend. In his statement to CNN, Fetterman called a recent report from the Wall Street Journal — which reignited…
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Even With the S&P 500 at All-Time Highs, I'd Buy This High-Yield Dividend Stock Without Any Hesitation in September.
Procter & Gamble (PG -0.33%) is one of the largest consumer staples, and investors can currently buy it at a discount, trading about 19% off its highs. Even as the S&P 500 is up about 12% year to date, investors are not getting much income from index funds these days, with the S&P offering just…
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Warren Buffett's Favorite Investing Rule Could Be Too Risky for Some Retirees – Here's Why
Warren Buffett’s famous 90/10 investing rule is appealing because of its simplicity: Put 90% of a portfolio in a low-cost S&P 500 index fund and the remaining 10% in short-term U.S. government bonds. The strategy can help investors stay focused on long-term growth, but retirees trying to save money in retirement have to think about…
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US tourism groups want to win Canadian visitors back. A testy trade war isn’t helping
LAS VEGAS (AP) — Appeals from American tourism organizations seemed to be everywhere Josh Loewen looked over the last year. Billboards and banners proclaimed a state or city’s love for Canada. Online and social media ads offered special deals for travelers from north of the border. As a Vancouver resident and marketing executive himself, Loewen…
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Warren Buffett's Portfolio Is Looking Even More Like The Dow Jones Index. This Is Why.
Warren Buffett’s already Dow-heavy equity portfolio is starting to look even more like the Dow Jones index. That is thanks to Berkshire Hathaway’s (BRKB) recently initiated and rapidly growing position in Google stock. Two Simultaneous Feats For Google Stock In Q2 Google-parent Alphabet (GOOGL) entered the blue-chip Dow Jones Industrial Average in the second quarter…
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Federal Reserve Chair Kevin Warsh warns of potential rate hike as inflation refuses to cooperate
Kevin Warsh used his first Jackson Hole speech as Fed Chair to deliver a message Wall Street didn’t particularly want to hear: if inflation keeps dragging its feet, interest rates are going back up. Speaking at the annual symposium on August 28, Warsh pointed to persistent price pressures and made clear the central bank isn’t…
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Warren Buffett's Berkshire raises stake in media giant
Warren Buffett’s Berkshire Hathaway just made it clear that its interest in The New York Times isn’t a one-time move. After tripling its position in the first quarter of 2026, Berkshire (BRK.B) added even more New York Times (NYT) stock in the second quarter, growing its share count by more than 3.5%, according to Berkshire…
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Will Federal Reserve hike rates later this month? Waller muddies the outlook
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The government will release August inflation figures Sept. 11, and if that report shows inflation continues to cool, then Waller…
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The Federal Reserve warns that the stock market's equity risk premium is near historic lows
The S&P 500 (^GSPC -0.38%) and Nasdaq Composite (^IXIC -0.29%) have added 13% and 14%, respectively, this year. The driving force behind those gains has been strong corporate earnings growth, particularly among technology companies. However, the Federal Open Market Committee recently published the minutes from its July meeting, and they included a warning for investors:…