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  • Money Basics: What is an ETF?

    Here's how ETFs can help diversify your portfolio.

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  • GOP touts lower premiums, but other insurance costs to rise
    News
    Associated Press4 hours ago

    GOP touts lower premiums, but other insurance costs to rise

    Republicans are touting lower premiums under their health care legislation, but that reflects insurance that would cover a smaller share of the cost of medical bills. Premiums under the Senate bill would average about 30 percent lower in a few years, the nonpartisan Congressional Budget Office said in its analysis this week. Overlooked is that the lower premiums envision a switch to "bronze" plans that now come with a $6,000 individual deductible, much higher than the current standard "silver" plan with a $3,600 deductible.

  • The richest people on the planet got even richer last year, but one country was a standout
    Business
    MarketWatch13 hours ago

    The richest people on the planet got even richer last year, but one country was a standout

    The richest people on the planet just added new members to their exclusive club. The world’s ultra-high net worth population — individuals with $30 million or more in assets — grew by 3.5% to 226,450 individuals in 2016 after a sharp fall a year earlier, according to new data by global wealth consultancy Wealth-X. Their combined wealth also increased in 2016 by 1.5% to $27 trillion. There were sharp regional fluctuations in dollar-denominated wealth creation last year, with North America (up 5.1%) recording the only significant rise in wealth, followed by Asia (up 3.5%). “The picture was subdued in Europe, with the ultra wealthy population and its total wealth edging slightly lower, while fortunes

  • Halliburton: Bigger & Better?
    Business
    barrons.com10 hours ago

    Halliburton: Bigger & Better?

    Shares of Halliburton (HAL) are moving higher today. That likely reflects higher oil prices, but don't overlook a possible acquisition of pump-maker Summit ESP. Illustration: Agence France-Presse/Getty Images RBC's Kurt Hallead considers the implications of a potential deal: This possible transaction is in line with management comments that suggested their intention to acquire Artificial Lift and Production Chemicals businesses. In our view, Summit ESP would be a strong fit within HAL and would contribute an experienced operations team with mostly Baker Hughes ( BHI) backgrounds... According to Spears & Associates, Summit ESP generated revenue of $180mn in 2016. The total artificial lift market