Yahoo Finance's LIVE stock market coverage and analysis.Read More »
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.
The U.S. International Trade Commission refused to rescind its May 4 ruling that found Arista's switches infringed two Cisco patents and banned Arista from importing the infringing products into the United States. After the ITC released that decision, a different agency, the U.S. Patent and Trademark Office, said the two Cisco patents are invalid.
It is only natural for investors to want assets with the best possible performance and lowest costs, but the secret to building wealth has less to do with returns and more to do with your savings rate, according to analysts at Pension Partners. In other words, the amount of money you contribute to your retirement fund is far more important than what investment vehicles the money is parked in, as you can control the former but not the latter. It makes sense intuitively. Saving $20,000 a year will grow your wealth a lot faster than saving $10,000 a year. But even incremental savings-rate increases play a far bigger role than corresponding increases in the rate of return. To illustrate the importance