After hospitals merge, their prices for patient care rise and patients indirectly are handed a large share of the higher bill, according to a study published 24 April by the American Economic Review.
Tag: U.S. economy
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WHITE-COLLAR HIRING HAS STALLED
The rate of hiring in accounting, finance, law, media, professional services, and technology is only about a third of that for the labor market as a whole, Bloomberg reported.
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INFLATION HOLDS, GROWTH SLOWS IN FIRST QUARTER
The U.S. economy grew by 1.6 percent in this year’s first quarter, adjusted for inflation, the commerce department reported.
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ECONOMIC UPDATE – MARKET OVERVIEW
From housing to healthcare, from junk food to soda, across the spectrum inflation is eating away at consumers’ disposable income, and they are feeling the pinch.
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AMERICAN DREAM DYING. PLANTATION WORKERS OF SLAVELANDIA TOO POOR TO BUY A HOUSE
The median selling price of a U.S. single-family home has reached $393,500, according to the National Association of Realtors. The U.S. Census Bureau pegs the price at $430,000.
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TOP TREND 2024: BANKS GO BUST
Many U.S. regional banks posted steep drops in first-quarter profits and warned that the future looks no brighter.
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SPOTLIGHT: BIGS GETTING BIGGER
Schneider Electric, a French software and automation company, is in discussions to buy Bentley Systems, a U.S. firm that designs software and provides services in design, construction, and operation of infrastructure.
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TOP TREND 2023: EV GO FU
In 2023, 41 percent of Americans told a Gallup poll they would not buy an electric vehicle (EV).
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TOP TREND 2024: BANKS GO BUST
U.S. banks will set aside even more capital to cover failing loans in commercial real estate (CRE) while they try to sell more of those loans, often at steep discounts, Reuters reported.
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TOP TREND 2023: OFFICE BUILDING BUST
In March, 625 commercial real estate (CRE) properties were foreclosed in the U.S., 6 percent more than in February and 117 percent more than a year earlier, according to real estate data service ATTOM.