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Jul 18, 2017

07/18/2017: No repeal, no replacement

After years of trying, the Republican-controlled Congress won’t be replacing Obamacare or even repealing it with a replacement TBD. President Trump’s new plan, he said today, is “just let Obamacare fail.” Leaving aside that’s quite a thing to say about a sixth of the economy, you might wonder how insurers are taking the news. Turns out, most of them don’t make much money in the individual market anyway. We’ll look at UnitedHealth, which is mostly out of the exchanges, but posted huge second-quarter earnings today. Then: The fizzled-out health care reform pushed the dollar to an 11-month low today. Investors are doubting we’ll see any of Trump’s big promises delivered soon, but D.C. gridlock isn’t the only thing driving down the dollar. Plus: How do you know your neighborhood’s gentrifying? When South Harlem becomes “SoHa.”

President Donald Trump at an event at the White House July 17, 2017 in Washington, DC.
Andrew Harrer-Pool/Getty Images

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Segments From This Episode

There’s a whole lot of love for Howlin’ Ray’s Nashville-style hot chicken in LA
by Adriene Hill and Daisy Palacios
Photo courtesy of Howlin' Ray's
Copy cats are popping up, and chef Johnny Zone promotes them. "That means we're doing something right."
"The grid is in good shape," an Energy Department study draft says
by Adriene Hill and Scott Tong
Kevin Dietsch-Pool/Getty Images
Are renewable sources reliable? Come down the energy rabbit hole with us.
Domestic politics not the only reason for weak dollar
by Andy Uhler
Stalled health care reform efforts put strain on the dollar today, as investors in Asia and elsewhere started dumping the greenback. President Trump’s difficulty in getting his domestic policy agenda passed is one factor in the dollar’s doldrums, but there are others. Click the audio player above to hear the full story.
UK honors Jane Austen 200 years after death
CHRIS J RATCLIFFE/AFP/Getty Images
The romantic novelist is celebrated with her image on a new 10 pound bill.
If your neighborhood’s name changes, it’s probably being gentrified
by Adam Allington
Spencer Platt/Getty Images
Creative neighborhood renaming is common in real estate, but not all residents are on board with the trend.
As Obamacare stays – for now – health insurance companies look elsewhere for profits
by Dan Gorenstein
After months and years of trying, there’s going to be no replacing — or repealing — of Obamacare. At least for now. You might expect that health insurance companies have been holding their breath, waiting to see what’s next. But it turns out many of the larger insurers don’t make much of their money selling insurance in […]

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07/18/2017: No repeal, no replacement

Subscribe:

Segments From This Episode

There’s a whole lot of love for Howlin’ Ray’s Nashville-style hot chicken in LA

"The grid is in good shape," an Energy Department study draft says

Domestic politics not the only reason for weak dollar

UK honors Jane Austen 200 years after death

If your neighborhood’s name changes, it’s probably being gentrified

As Obamacare stays – for now – health insurance companies look elsewhere for profits

Music from the episode