A House committee is set to hold a hearing on a plan to lower costs for people on Medicare. The bipartisan legislation would let Medicare make some basic services cheaper for patients with chronic conditions. A diabetes patient who’s prone to blindness, for example, would get cheaper eye exams. It’s a model private insurers are […]

Shares of Google parent Alphabet flirted with $1,000 today, and Amazon finished up at $1,011. In the past, when a company thought its stock was getting a little too expensive, it would do a split. That would reduce the price of each share by raising the number outstanding. That basically made the stock more accessible […]

With the looming congressional testimony of former FBI Director James Comey later this week, the White House is hoping to give Americans something else to focus on —infrastructure. Speaking from the Rose Garden earlier today, President Trump announced a proposal to separate the nation’s air traffic controllers from the FAA, placing them under the control […]

Some of the nation’s biggest banks, JPMorgan Chase, Bank of America and Citigroup, are warning that trading revenue in the second quarter will be down at least 10 percent compared to a year ago. Goldman Sachs also flagged a drop in trading revenue. One of the reasons they’re pointing to? A lack of market volatility. That may […]

The meal-kit delivery company Blue Apron has filed to go public. Investors hoping to get a piece at the IPO or later will be buying into a company that’s got a young customer base and that’s growing fast. But it’s a company with a business model that’s not all that complicated, shall we say. So […]