- PoliticsBusiness Insider•8 hours ago
CBO: Under the latest Senate healthcare bill, deductibles could be more than some people earn
The latest effort by Republicans in the Senate to overhaul the US healthcare system could have an unexpected effect on deductibles (the money you pay before insurance kicks in): they could get so high they're actually more than the poorest Americans earn. The CBO estimates that by 2026 the second-lowest-priced plans (the silver plans, in the Obamacare marketplace) would have $13,000 deductibles. Under the Affordable Care Act currently, a deductible for the same plan would be $5,000 in 2026.
- BusinessYahoo Finance•2 hours ago
Short-sellers have lost $7.1 billion betting against this year's hottest tech stocks
The run-up in tech stocks has fueled the overall market to all-time highs this year. The so-called “FANG” stocks—Facebook (FB), Amazon (AMZN), Netflix (NFLX) and Alphabet (GOOGL)—have burned short investors, according to data from financial analytics firm S3. Year-to-date, Facebook short-sellers have lost $948 million, Amazon short-sellers have lost $1.5 billion, Netflix short-sellers have lost $1.6 billion, and Alphabet short-sellers have lost $1.1 billion.
- BusinessBarrons.com•6 hours ago
Frontier: More Pain Ahead?
Is Frontier Communications (FTR) near a turning point? Jefferies analyst Scott Goldman, Mike McCormack and Marah Formanek weighed in on the beleaguered telecom stock after it jumped more than 4% in Thursday’s market action to close at a split adjusted d price of $14.91.
