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Blog Profile / Money & Co

Filed Under:Business & Finance
Posts on Regator:11616
Posts / Week:33.5
Archived Since:March 9, 2008

Blog Post Archive

Study: Medical costs up to 20% higher with hospital-owned physician groups

Raising fresh questions about healthcare consolidation, a new study shows hospital ownership of physician groups in California led to 10% to 20% higher costs overall.

Health insurers boost No on 45 funding

California insurers have pumped more than $12 million over the last five days into a campaign to defeat Proposition 45, an initiative on the Nov. 4 ballot that would regulate health insurance rates.

Justice Department steps up fight against economic cyber-spying

With cyber crime taking on new urgency, the Department of Justice announced Tuesday new efforts to combat economic spies who hack into U.S. companies' computer systems, including installing a cyber specialist in each of the 93 U.S. attorneys' offices around the nation.

California will cancel Obamacare coverage for 10,000 over citizenship

California's health insurance exchange is canceling Obamacare coverage for 10,474 people who failed to prove their citizenship or legal residency in the U.S.

Prime Healthcare to acquire St. Vincent, St. Francis medical centers

Prime Healthcare Services Inc. has reached a deal to acquire six California hospitals, including St. Vincent and St. Francis medical centers in Los Angeles County, despite strong opposition from organized labor and many politicians statewide.

Public Utilities Commission chief Michael Peevey plans December exit

Michael Peevey, the controversial and embattled president of the California Public Utilities Commission, announced Thursday that he would not seek reappointment as head of the powerful regulatory body.

Four-week average of unemployment claims lowest since 2006

Average weekly unemployment claims over the last month hit an eight-year low, the government reported, in another positive sign for the labor market recovery.

Federal budget deficit falls to $486 billion, report says

The federal government's budget deficit has fallen to $486 billion, the smallest pool of red ink of President Obama's six-year span in office, a new report said Wednesday.

In 2015, L.A. County is forecast to regain jobs lost during recession

Los Angeles County will finally regain the number of jobs it lost during the Great Recession next year, with Orange County and the Inland Empire expected to follow soon after, a new study projects.

Since when can't Ben Bernanke refinance his Washington house?

The account by former Federal Reserve Chairman Ben Bernanke of how he couldn't refinance his Washington townhouse seemed the perfect example of mortgage lending standards that many complain are too tight. 

IMF lowers forecast for global economy despite 'decent' U.S. growth

The International Monetary Fund on Tuesday slightly downgraded its forecast for the world economy despite mounting signs the U.S. is "leaving the financial crisis behind and achieving decent growth."

Ethics watchdog agency to weigh fine for CalPERS board vice president

California’s political watchdog agency will consider quadrupling a fine against newly reelected CalPERS board Vice President Priya Mathur for failing to file timely campaign finance reports for 2012 and 2013.

Big-name stocks have lagged the bull market run the last 3 years

When investors think of "growth" stocks, some classic American names usually come to mind: Coca-Cola Co., Wal-Mart Stores Inc., McDonald's Corp., Procter & Gamble Co.

Unemployment rate drops to 5.9% as job growth rebounds

Job growth rebounded strongly last month and the unemployment rate fell below 6% for the first time in more than six years, easing fears the labor market was faltering again and providing a boost to congressional Democrats before the midterm elections.

California regulators clear Obamacare rates, hold off on networks

California regulators won't challenge the next round of health insurance rate increases in the state exchange, but insurers' narrow networks of doctors and hospitals are drawing tougher scrutiny.

Apartment rents climb in Southern California, but at a modest pace

Apartment rents in Southern California rose this summer, but at a relatively modest pace.

Planned layoffs drop to 14-year low as unemployment claims fall

American companies announced the fewest planned layoffs in 14 years in September while initial unemployment claims dropped last week to near a post-recession low, two positive labor market signs ahead of Friday's jobs report.

Higher-wage industries boost hiring in L.A., but income growth lags

California is “in growth mode from top to bottom,” but the expansion is happening unevenly around the state, a report by Los Angeles research firm Beacon Economics found.

SoCal housing markets among most overvalued, but at least we're not Austin

Southern California's housing markets are among the most overvalued in the nation, according to a new report. But the closest thing in this country to a housing bubble is actually in Texas.

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