Marketplace for Monday, November 18, 2013
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The Dow Jones Industrial Average hit 16,000 today. The record-high means something to the trading and investing community, but how important is that mark to the rest of us? Also, Walmart has signaled that the ACA requirement that most Americans either carry insurance or pay a penalty could hurt sales. Plus, a Senate committee is trying to understand Bitcoin today. Will the rest of us have to understand the idea of a virtual currency some day? Right now Bitcoin functions mainly among early Bitcoin adopters – who have pushed the currency’s value to a record level.
Posted In: Iraq war, afghanistan, Blackwater
Founder and former CEO of Blackwater, Erik Prince says "I'm done keeping quiet" about the War on Terror.
Posted In: ProPublica, Medicare, prescription drugs
Medicare is wasting hundreds of millions of dollars a year by failing to rein in doctors who routinely give patients pricey name-brand drugs when cheaper generic alternatives are available.
Posted In: Obamacare, ACA, profit reports
Walmart has signaled that the ACA requirement that most Americans either carry insurance or pay a penalty could hurt sales.