U.S. adults living with diabetes are spending twice as much on their medical expenses compared to Americans who are free of the disease, and this is negatively affecting their finances. This is the finding of a survey of 1,000 U.S. adults aged 26 to 64. Half of the survey takers had diabetes and the other (more…)
Insurance losses from the Thomas Fire in Southern California are expected to be at a minimum of $1.0 billion and reach as high as $2.5 billion. This is according to a catastrophe model that was completed by Risk Management Solutions (RMS), a data analysis firm based in California.
In 2017, four Wall Street banks suffered a combined $12.5 billion in losses from their credit card divisions. This is quite concerning, since the losses are roughly $2.0 billion more than what those banks reported in 2016.
President Donald Trump has pledged to “Make America Great Again,” but when it comes to being the best country in the world to live in, he’s doing the opposite. According to the recently released Best Countries 2018 report, which evaluates countries on everything from quality of life and economic influence to power and entrepreneurship, the U.S. comes (more…)
U.S. healthcare spending per capita is on the rise, according to recent healthcare spending statistics for 2012 to 2016. While there was a rise in spending across all aspects of healthcare, the prescription drug price increase and outpatient services price increase were the highest.
Within the United States, there is always the debate about whether or not there should be strict gun ownership rules. The country seems to be divided on this issue. If only the economic view is taken, then people would more likely be on the side of having more gun control and stricter rules. Why?
According to global outplacement consultancy firm Challenger, Gray & Christmas, Inc., the rate of a woman being hired as chief executive officers (CEOs) in 2017 remained virtually unchanged from 2016, which was around 18%.
One crisis that isn’t getting very much attention is the U.S. student loan crisis, which is currently sitting at $1.4 trillion. The rate of defaults for these loans is on the rise, which further adds to the concern. Over the past year, more than eight million federal loans have moved from a being in a good-standing position to (more…)
In the U.S., sick employees in the workplace results in billions of dollars annually in lost productivity. In fact, according to the Centers for Disease Control and Prevention (CDC), U.S. productivity loss due to chronic conditions, which are largely preventable, costs U.S. employers’ losses due to lost productivity totaled over $153.0 billion annually. While chronic (more…)
The U.S. Department of Housing and Urban Development (HUD) released its annual “Point-in-Time” count, revealing a homelessness increase in the U.S.—the first time in seven years.