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Keyword: rates

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  • New Bill Would Raise Rates, Says Insurance Group

    10/11/2009 9:29:23 PM PDT · by Nachum · 7 replies · 849+ views
    WaPo ^ | 10/12/09 | Ceci Connolly
    After months of collaboration on President Obama's attempt to overhaul the nation's health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected. The critique, coming one day before a critical Senate committee vote on the legislation, sparked a sharp response from the Obama administration. It also signaled an end to the fragile detente between two central players in this year's health-care reform drama. Industry officials said they intend to circulate the report prepared by PricewaterhouseCoopers on Capitol Hill and...
  • Unemployment Rates Hit Record Highs in 8 States, 48 States, DC, Employment Deteriorates

    06/19/2009 12:27:27 PM PDT · by Son House · 42 replies · 2,260+ views ^ | June 19, 2009 |
    The unemployment rates in eight states hit record-highs last month and only two -- Nebraska and Vermont -- did not report increases. The Labor Department says 48 states and the District of Columbia saw employment conditions deteriorate last month. The fallout from the longest recession since World War II, was the worst in Michigan. Its unemployment rate rose to 14.1 percent. The eight states that set records are: California, Nevada, North Carolina, Oregon, Rhode Island, South Carolina, Florida and Georgia. The West region reported the highest jobless rate at 10.1 percent. The last time any region had a rate of...
  • First Hand Swine Flu Data ( THIS STORY IS A HOAX: SEE LINK ABOVE)

    05/01/2009 10:59:08 AM PDT · by Candor7 · 43 replies · 2,466+ views
    Comal County Health Committee, Texas ^ | 1st May 2009 | Dr. Gitterle
    Subject: Flu Update from Dr. Gitterle After I returned from a public health meeting yesterday with community leaders and school officials in Comal County , Heather suggested I send an update to everyone, because what we are hearing privately from the CDC and Health Department is so different from what you are hearing in the media. Some of you know some or maybe all of this, but I will just list what facts I know.. - The virus is infectious for about 2 days prior to symptom onset - Virus sheds more than 7 days after symptom onset (possibly as...
  • Government announces 2010 Medicare Advantage rates

    04/06/2009 8:02:43 PM PDT · by anniegetyourgun · 10 replies · 502+ views
    AP ^ | 4/6/09 | TOM MURPHY
    INDIANAPOLIS (AP) — The federal government said Monday it will bump up a rate used to figure Medicare Advantage reimbursement to insurers, but many analysts expect overall payment rates to fall next year. That raises some concern for how lower reimbursement will affect the plans, which allow the elderly and disabled to receive benefits through private health insurers. These plans receive a government subsidy and generally offer more benefits than traditional Medicare, but they've drawn criticism for their cost. The trade association America's Health Insurance Plans estimates that Medicare Advantage payments could fall nearly 5 percent next year as a...
  • UPDATE 3-AP cuts newspaper rates, moves to protect web news

    04/06/2009 7:20:55 PM PDT · by Texas Fossil · 2 replies · 287+ views
    Reuters ^ | Mon Apr 6, 2009 4:21pm EDT | Robert MacMillan
    NEW YORK, April 6 (Reuters) - The Associated Press unveiled rate cuts on Monday to help member newspapers reeling from declining advertising revenue and said it would sue websites that use its members' articles without permission.
  • Obama banks on pollution reductions

    02/26/2009 2:52:16 PM PST · by topfile · 27 replies · 1,742+ views
    The Washington Times ^ | Thursday, February 26, 2009 | Tom LoBianco
    President Barack Obama's first budget includes $15 billion a year for renewable energy programs and an ambitious plan to raise $646 billion from a carbon reduction proposal. "Because our future depends on our ability to break free from oil that's controlled by foreign dictators, we need to make clean, renewable energy the profitable kind of energy," Mr. Obama said Thursday morning. "That's why we'll be working with Congress on legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy." The plan uses money from a cap-and-trade program — which would allow companies to...
  • Obama: U.S. 'will emerge stronger' from crisis

    02/24/2009 3:30:09 PM PST · by topfile · 57 replies · 2,335+ views
    The Washington Times ^ | Wednesday, February 25, 2009 | Stephen Dinan
    President Obama will pledge Tuesday night that the nation "will rebuild, we will recover," as he delivers an address to a joint session of Congress and with a nervous nation watching at home. "While our economy may be weakened and our confidence shaken; though we are living through difficult and uncertain times, tonight I want every American to know this: We will rebuild, we will recover, and the United States of America will emerge stronger than before," Mr. Obama will say, according to excerpts of his remarks. In lofty language, Mr. Obama is expected to promise a new path forward...
  • Obama to Propose Massive Greenhouse Gas Tax

    02/21/2009 5:36:16 PM PST · by kristinn · 333 replies · 15,480+ views
    Saturday, February 21, 2009 | Kristinn
    Barack Hussein Obama will propose a massive business tax on greenhouse gases in his FY 2010 federal budget to be presented this week.The massive tax increase and power grab was buried at the end on article on Obama's forthcoming budget proposal in The New York Times:On energy policy, Mr. Obama’s budget will show new revenues by 2012 from his proposal to require companies to buy permits from the government for greenhouse gas emissions above a certain cap. The Congressional Budget Office estimates that the permits would raise up to $300 billion a year by 2020. Since companies would pass their...
  • Evans says Fed needs to mimic below-zero rates (president of the Chicago Fed)

    01/03/2009 5:47:24 PM PST · by NormsRevenge · 31 replies · 887+ views
    Reuters on Yahoo ^ | 1/3/09 | Ros Krasny
    SAN FRANCISCO (Reuters) – A grim economic outlook highlights the need for the Federal Reserve to step up quantitative measures to boost growth, with official interest rates already effectively at zero, Charles Evans, president of the Chicago Fed, said on Saturday. Evans said that based on the outlook for rising unemployment, falling industrial production and a wider output gap, economic models suggest rates should be below zero. "If it were not constrained by zero, those models would want to push it below zero, but that's not possible," Evans told reporters after a panel at the American Economic Association's meeting in...
  • Some veterans see another VA travel increase

    12/30/2008 5:35:37 PM PST · by SandRat · 13 replies · 365+ views
    12/30/2008 - WASHINGTON (AFNS) -- Service-disabled and low-income veterans who are reimbursed for travel expenses while receiving care at Department of Veterans Affairs facilities will see an increase in their payments beginning Jan. 9. A recently passed law allows VA to cut the amount it must withhold from their mileage reimbursement. The deductible amount will be $3 for each one-way trip and $6 for each round trip -- with a calendar cap of $18, or six one-way trips or three round trips, whichever comes first. The previous deductible was $7.77 for a one-way trip and $15.54 for a round trip,...
  • Fed Signals Ready to Cut Rates Amid Glum Outlook

    11/20/2008 5:03:41 PM PST · by BGHater · 9 replies · 452+ views
    Reuters ^ | 19 Nov 2008 | Reuters
    Federal Reserve officials have pared their outlook for economic growth through 2009 to minimal levels and are prepared to cut interest rates further, while concern has risen that a deflationary spiral may take hold. The central bank expects growth in the United States to contract in the second half of 2008 and the first half of 2009, with some even were more pessimistic, according to minutes released on Wednesday of the Fed's Oct. 28-29 meeting, when it cut its benchmark interest rate by a half percentage point to a percent. "Even after today's 50 basis-point action, the committee judged that...
  • Do nuclear decay rates depend on our distance from the sun?

    08/29/2008 9:29:09 AM PDT · by LibWhacker · 108 replies · 776+ views
    Here’s an interesting conundrum involving nuclear decay rates. We think that the decay rates of elements are constant regardless of the ambient conditions (except in a few special cases where beta decay can be influenced by powerful electric fields). So that makes it hard to explain the curious periodic variations in the decay rates of silicon-32 and radium-226 observed by groups at the Brookhaven National Labs in the US and at the Physikalisch-Technische Bundesandstalt in Germany in the 1980s. Today, the story gets even more puzzling. Jere Jenkins and pals at Purdue University in Indiana have re-analysed the raw data...
  • Bangor to consider raise for taxi drivers

    07/25/2008 9:41:55 AM PDT · by mainestategop · 4 replies · 170+ views
    Bangor Daily News ^ | 7/25/08 | Dawn Gagnon
    BANGOR, Maine - The city’s taxicab drivers and owners didn’t have to do much convincing to get local officials to entertain their request for a pay raise. Like everyone else who depends on fuel, members of Bangor’s taxi industry say they are being driven to their knees by skyrocketing gasoline prices, which currently are close to $4 a gallon. For relief, they have turned to the City Council, which regulates how much they can charge.
  • The Creature is on the Loose-Yet Again

    06/30/2008 8:58:12 AM PDT · by Captain McAllister · 23 replies · 58+ views
    The Daily Grind ^ | 6/30/08 | ALG News
    “Over the past five years the greenback has lost 40 percent of its value. Oil is close to $140 a barrel. And gold, now trading above $900 an ounce, is warning that if the Fed fails to stop creating excess dollars, inflation could rise to 6 or 7 percent.”—Larry Kudlow, “Where’s Bernanke’s Inner Volcker?”, June 27th, 2008. The Creature is at it again. No, the Fed didn’t cut interest rates again or bail out another investment bank—this time their crime was a bit more subtle, yet just as harmful. They lied. A few weeks ago, ALG News was very pleased...
  • 75% of Cities With Poor Graduation Rates Are Rated "Most Liberal"

    04/14/2008 6:50:39 AM PDT · by Reaganesque · 32 replies · 189+ views
    Editorial Projects in Education Research Center/The Bay Area Center For Voting Research | 04/14/08 | Reaganesque
    Recently, Collin Powell's new group, America's Promise Alliance, issued a report (the link to it is at the bottom center of their home page.) from the EPE Research Center listing the large cities in this country which had the worst graduation rates. Shockingly, many of our biggest cities have graduation rates of less than 50% with the worst, Detroit, graduating only 25% of it's high schoolers. Given the perception that most cities are liberal leaning at best, I decided to see if there was any correlation between a city's liberalism and the results from this graduation rate study. Yes, I...
  • Pushing on a String? As the Fed Eases, Banks Tighten

    02/05/2008 3:50:24 PM PST · by shrinkermd · 18 replies · 192+ views
    Barron's ^ | 5 February 2008 | RANDALL W. FORSYTH
    Just days after the U.S. central bank completed its unprecedented 125-basis point easing in its key policy rates, its quarterly survey of bank lending officers showed they had become much more stringent in their extension of credit. That's key because people and businesses don't borrow from the Federal Reserve, so how much credit the central bank provides, and at what price, affects the private economy only indirectly. It takes a banker or other lender to make that loan to pay for a house or a piece of capital equipment. Indeed, the Fed acknowledged as much when it slashed rates last...
  • Fed looks set to cut rates more to avoid recession

    01/30/2008 3:50:37 AM PST · by BGHater · 13 replies · 58+ views
    Reuters ^ | 30 Jan 2008 | Mark Felsenthal
    The Federal Reserve is expected to lower U.S. interest rates on Wednesday as part of an ongoing aggressive effort to spare the economy from the worst effects of a deep housing slump and credit crunch. Financial markets see a three-in-four chance the Fed lowers benchmark overnight rates by a steep half-percentage point, with at least a quarter-point trim a certainty, as the Fed seeks to counter the risk of a U.S. recession. Any rate cut would follow a surprise three-quarter-point reduction on January 22 and mark one of the deepest and fastest rate-cutting episodes since the early 1980s. The Fed...
  • Interest Rates and Dollar Fundamentals

    11/15/2007 5:48:48 PM PST · by shrinkermd · 56+ views
    Wall Street Journal ^ | 15 November 2007 | ALAN REYNOLDS
    Rising currencies are not necessarily a sign of strength. The U.S. dollar rose sharply before and during the recession of 2001. The trade-weighted index of the dollar's value against 26 currencies rose 10.5% from March 2000 to January 2002, as the stock market and economy tumbled. A graph in the Aug. 5-11 issue of The Economist showed that, "countries whose currencies have gained most [against the dollar] are high interest-rate economies, such as Turkey, Brazil and New Zealand, commodity producers, such as Canada, or a mixture of both, such as Australia." Central-bank interest rates are 16.75% in Turkey, 11.25% in...
  • Sarkozy fears 'economic war’ as dollar slides

    11/07/2007 11:12:45 PM PST · by ScaniaBoy · 17 replies · 162+ views
    Daily Telegraph ^ | 8 November 2007 | Ambrose Evans-Pritchard
    French president warns US it cannot allow currency to collapse as Europe suffers from euro's rise, reports Ambrose Evans-Pritchard The French president, Nicolas Sarkozy, has warned the United States Congress that the US risks triggering "economic war" if it attempts to devalue its way out of trouble by allowing a relentless slide in the dollar. The stunning remarks came as the greenback plunged to a record low of $1.4731 against the euro, causing a chorus of angry protests from industrial leaders in France and Italy. The dollar breached $2.10 against sterling for the first time since the early Thatcher years...
  • ZIP Codes And Property Values Predict Obesity Rates

    08/30/2007 4:38:04 PM PDT · by blam · 80 replies · 1,370+ views
    Science Daily ^ | 8-30-2007 | University of Washington
    Source: University of Washington Date: August 30, 2007 ZIP Codes And Property Values Predict Obesity Rates Science Daily — Neighborhood property values predict local obesity rates better than education or incomes, according to a study from the University of Washington being published online recently by the journal Social Science and Medicine. For each additional $100,000 in the median price of homes, UW researchers found, obesity rates in a given ZIP code dropped by 2 percent. The study, based on analyses of responses to a telephone survey conducted in King County by the local health department and the federal Centers for...