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Health-care news and the costs associated with it are obviously on everyone’s mind, and for good reason. As health care continues to take up a larger part of the overall economy, structural changes — such as the push toward paying for value, greater emphasis on care management and increased cost sharing with consumers — are
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This article is part of a “Reporter’s Notebook” series, wherein CNBC journalists submit tales and observations from the field. To Elon Musk’s audience, the storied entrepreneur is less of a CEO than he is a rockstar. That’s what I learned after covering an afternoon of events by his companies SpaceX and Tesla in Australia, where
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Manhattan apartment sales were the strongest in two years, although prices at the top end continue to come under pressure. Total sales increased 13 percent in the third quarter compared with a year ago, according to a report from Douglas Elliman Real Estate and Miller Samuel Real Estate Appraisers and Consultants. Yet stronger sales were
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Finally, as the stock market surges into October, Cramer noticed a dozen unusual stock groups that have been gaining momentum. “Given that we are going into earnings season, it’s rather strange, and, I should add, actually incredibly healthy to see so many stocks from so many sectors running into their quarters,” he said. “Normally I’d
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In the immediate wake of the deadliest mass shooting in the U.S., some of Las Vegas’ conference halls and resorts served as makeshift shelters, housing injured concertgoers and distraught residents. But as the day progressed, streets and hotels were reopening, and so far, most events look to be proceeding as planned, but with added precautions.
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Check out the companies making headlines after the bell on Monday: Shares of Tesla fell 1.5 percent in extended trading after the company reported disappointing Model 3 delivery figures for the third quarter. Shares of Goldman Sachs edged lower in extended trade, after gaining 1.5 percent in the normal session. Earlier Monday, the company announced
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Hold on “FANG” stocks: Bank of American Merrill Lynch just added two more names to the popular simple portfolio after finding multiple stocks that share their tremendous growth potential. You can now call it “FAAANG.” Strategist Savita Subramanian added Broadcom, with its ticker ‘AVGO,’ and Adobe (ADBE) to the popular Wall Street acronym after screening
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How so? First, HSA contributions are tax deductible. Second, money saved in an HSA — up to $3,400 per year for people with an individual health plan and $6,750 for those with a family plan — can grow tax-deferred. This is especially advantageous for younger savers with fewer likely medical expenses and, therefore, potential withdrawals,
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Robyn Mancell sold her Southern California, four bedroom home four years ago when her youngest child left. She moved to a cheaper, one bedroom apartment nearby. “There was a lot of upkeep,” the 58-year-old said of her former place. As some empty nesters and retirees decide to downsize, giving up a mortgage for a rental
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But researchers here also try out new ideas. Looking to build a new system for searching with images instead of words, a team in Bangalore turned to Watson to index 600,000 photos from the world’s top fashion shows and Bollywood movies. Last spring, a major Indian fashion house, Falguni Shane Peacock, tried the tool, which
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In his decades of investing, CNBC’s Jim Cramer has never liked the month of September. But this one turned out to be different. The “Mad Money” host expected waves of hedge fund selling, politically-charged stock declines and negative earnings pre-announcements from companies experiencing a summer slowdown. But none of those happened. So, with the market’s
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The GOP tax reform plan unveiled Wednesday would lead to broad reinvestment in manufacturing, according to a survey of American producers released Friday. “Two-thirds of manufacturers said, specifically, that if we get this tax plan through, they’ll invest in new plants and equipment, and hire new workers,” Jay Timmons, CEO of the National Association of
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