When you think of Medicare, you probably assume that it’s for people of retirement age. That’s true, but the program covers more than just those who have worked all their life. You might be eligible right now and not know it. That’s because while the bulk of beneficiaries, more than 80%, are people aged 65 or
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Argentina has successfully restructured almost all of its $65bn debt with private creditors in a major milestone that will enable the country to put an end to its ninth sovereign debt default. Martin Guzmán, Argentina’s economy minister, announced on Monday that 99 per cent of creditors had accepted his government’s offer, which extended maturities on
Apple CEO Tim Cook greets customers at the grand reopening of Apple’s flagship Apple Fifth Avenue retail store on September 20, 2019 in New York City. Taylor Hill | Getty Images Shares of Apple and Tesla rose sharply on Monday, the first day after their recently announced stock splits took effect, as investors continued to
Before enrolling in a Tokyo arts college for the April school year, one 18-year-old Japanese woman had expected student life to be full of new encounters combined with rigorous practical training. But instead, coronavirus has forced her to sit at home every day for months in front of her computer taking classes online. Now, as
Pre-Qualified vs. Pre-Approved: An Overview Most real estate buyers have heard that they need to pre-qualify or be pre-approved for a mortgage if they’re looking to buy a property. These are two key steps in the mortgage application process. Some people use the terms interchangeably, but there are important differences that every homebuyer should understand.
Trader on the floor of the New York Stock Exchange Getty Images Mutual funds managed by women are outperforming those managed by men this year as higher relative exposure to technology names drives performance, according to new research from Goldman Sachs. The firm found that 43% of women-managed funds — as defined by those with at
When Sumner Redstone passed away, ViacomCBS, the media empire he carefully curated, had an enterprise value of roughly $40bn. Included in the colossus: the CBS broadcast network, film studio Paramount, book publisher Simon & Schuster and cable networks MTV and Comedy Central. Together it contains some of the most successful creative minds in the world.
For nearly a decade, Israeli businessmen chasing lucrative deals in the oil-rich United Arab Emirates would board a private jet in Tel Aviv and head instead to neighbouring Egypt, one of only two Arab countries with relations with Israel. A five minute layover — dubbed the “diplomatic stop” — at Sharm El Sheikh airport on
[Julian Hebron is a guest columnist for Investopedia. His views and opinions do not necessarily reflect those of this site, although we did commission this article.] I’ve been in lending and banking for more than 20 years, and I bought my first home almost that long ago. So when the Investopedia crew asked me to
The US will declassify documents on Monday giving more detail on its security assurances to Taiwan, as Washington seeks to counter what it fears is a growing inclination by China to use military force against the island. The move marks the latest step in an American campaign to hold Beijing to account over everything from
George Russell in Hong Kong New Zealand reported another 15 cases of coronavirus at the weekend, including 13 linked to the Auckland cluster that prompted tighter restrictions in the country’s largest city to be enforced from Monday. Genomic evidence suggested the cluster originated in the AmeriCold frozen food facility, prime minister Jacinda Ardern said. She
A master of business administration (MBA) degree is one of the most sought-after degrees for professionals looking to scale the corporate ladder, no matter whether they are in the business industry or a different one. While completing this degree, MBA candidates can make themselves even more employable by pursuing secondary degrees to complement an MBA.
A man was shot and killed in Portland, Oregon, on Saturday night during clashes between supporters of Donald Trump and Black Lives Matter protesters, leading Republicans and Democrats to blame each other for the violence. Police in Portland said a man was shot in the chest and killed shortly before 9pm local time. They did
United Airlines is scrapping ticket change fees for US domestic flights, as it tries to lure passengers back to the sky. The Chicago-based airline said it will permanently end the $200 fees, as well as extending the change fee waiver for international and basic economy tickets, as it struggles to deal with a huge drop-off
Are mutual fund performance numbers reported net of fees? In other words, is the reported performance of a mutual fund calculated after all expenses are taken out? The answer depends on how you define operating expenses. Let’s look at a cinematic metaphor to clear up this apparent ambiguity. A mutual fund‘s cost is similar to
The mayors of Turkey’s two biggest cities have accused the central government of covering up the true scale of a coronavirus resurgence in the country. Ekrem Imamoglu, the mayor of Istanbul, and Mansur Yavas, mayor of Ankara, said there was a mismatch between the statistics being published by the health ministry and the data they
DraftKings CEO and Co-Founder Jason Robins speaks during the unveiling of DraftKings headquarters March 26, 2019 in Boston, Massachusetts. Darren McCollester | Getty Images Stocks are once again at record high levels — with the S&P 500 now up over 21% on a one-year basis. That’s following Fed Chair Jerome Powell’s more-relaxed inflation targeting strategy,
One of the world’s largest insurance brokers has been accused of forging documents to deceive a client about a policy payout and retain a lucrative relationship with industry giant Axa. In a legal claim filed in London, lawyers for British property investor Aubrey Weis allege that individuals working in the UK office of Lockton altered
Approximately 77% of Americans have dental insurance, but it does not tend to cover any sort of cosmetic procedures, including teeth whitening procedures. Key Takeaways Most dental insurance policies do not cover any cosmetic treatments. There are three types of coverage generally covered by dental insurance: preventive, basic care, and major work. Often dental plans
China’s inclusion of new technologies on an export restrictions list could hamper TikTok’s sale in the US, according to state media reports, in the latest ratcheting up of trade tensions between the two countries. China’s Ministry of Commerce revealed late on Friday the government had added items including those related to computing and artificial intelligence
Huawei is focusing on its budding cloud business, which still has access to US chips despite the sanctions against the company, to secure its survival. The Chinese group’s cloud computing business, which sells computing power and storage to companies, including giving them access to AI, is far behind Alibaba and Tencent, the market leaders in
The Dow Jones Industrial Average (DJIA) is the second-oldest and best-known stock market index. Owned by Dow Jones & Company, it measures the daily price movements of 30 large American companies on the Nasdaq and the New York Stock Exchange. It is widely viewed as a proxy for general market conditions and even the U.S.
Steve Cohen, the billionaire hedge fund manager, has entered exclusive talks to buy the New York Mets baseball club after beating two rival bids, said people briefed about the matter. The Wilpon family, owners of the Mets for 40 years, has selected Mr Cohen’s bid over offers made by a consortium led by former athlete
Belarusian authorities have revoked the accreditation of more than a dozen journalists from foreign media outlets, a day before a big protest is due to be held against strongman Alexander Lukashenko. Mr Lukashenko, who has ruled the eastern European nation with an iron fist for 26 years, has been under intense pressure since claiming a
Salesforce.com, Inc. (CRM) reports second quarter 2020 earnings after Tuesday’s closing bell, with analysts looking for a profit of $0.67 per share on $4.90 billion in revenue. The stock sold off 8% after beating top- and bottom-line estimates by small margins in May but recovered in June and broke out to an all-time high in
Earlier this year, Katrina Foley, the mayor of Costa Mesa, California, imagined that the controversial opening of a new homeless shelter would be the event that consumed most of her time. Then coronavirus arrived and the shelter issue suddenly looked puny compared with the challenges that have since come the mayor’s way. The federal government
A man wearing a protective mask sits on top of the Charging Bull sculpture near Wall St. amid the coronavirus pandemic on April 19, 2020 in New York City, United States. Alexi Rosenfeld | Getty Images Company: Evolent Health Inc. (EVH) Business: Evolent is a health-care delivery and payment company. It supports health systems and
Black Panther film star Chadwick Boseman, an actor whose work celebrated African-American pioneers and culture, has died at age 43 after a four-year battle with colon cancer, according to an announcement posted on Friday to his social media accounts. Boseman, a native of South Carolina who began his screen career in episodes of television dramas
When they need cash, many homeowners believe that selling their house is the easiest and most convenient way to get an influx. Even homeowners in possession of other types of assets may find this strategy appealing because they may want to avoid selling taxable holdings that will generate capital gains or withdrawal penalties on early
Elon Musk-backed Neuralink announced an improved prototype of the brain implant it unveiled a year ago, with the Tesla chief executive calling it a “Fitbit in your skull with tiny wires”. In a live-streamed event, the private neurotech start-up on Friday showed off a pig, Gertrude, which had undergone surgery to have a coin-sized device