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Trump Administration Sends Mixed Messages on Welfare Work Rules

Trump Administration Sends Mixed Messages on Welfare Work Rules

The Trump administration issued guidelines to help states impose the first-ever work requirements on Medicaid beneficiaries, one of the biggest changes in the program’s 50-year history. That approach contrasts with a move the administration made with earlier in the week to extend waivers that allow food-stamp recipients in 33 states to avoid work requirements.

Published 1 week ago

Bitcoin Plunges as South Korea Crafts Cryptocurrency Crackdown

Bitcoin Plunges as South Korea Crafts Cryptocurrency Crackdown

Bitcoin prices tumbled Thursday, as a top official from South Korea said the government is preparing a bill to ban the trading of cryptocurrencies on exchanges.

Published 1 week ago

The Hottest Targeted Ad? The Weekly Circular

The Hottest Targeted Ad? The Weekly Circular

Giant supermarkets and grocery startups are still mailing paper fliers and coupons to homes, spending a combined $76 billion last year.

Published 1 week ago

Stocks Steady After First Stumble of the Year, Bonds Rebound

Stocks Steady After First Stumble of the Year, Bonds Rebound

World stocks showed signs of steadying after a sudden rise in government bond yields triggered the first market setback of 2018.

Published 1 week ago

Confronting Iran Takes a Back Seat to Sunni Bickering

Confronting Iran Takes a Back Seat to Sunni Bickering

To many in the Middle East, the chasm between how Saudi Arabia and Turkey reacted to the recent protests in Iran showed that any notion of a “Sunni bloc” to counter Tehran’s regional might is fanciful at best.

Published 1 week ago

An Alleged Theft of a Billion-Dollar Fund Grips ETF World

An Alleged Theft of a Billion-Dollar Fund Grips ETF World

The alleged theft of exchange-traded funds worth $1.4 billion has raised the unusual question of who actually owns an ETF and has highlighted the industry’s complex behind-the-scenes mechanics.

Published 1 week ago

Refugee Fight Reignites in European Union

Refugee Fight Reignites in European Union

After delaying an overhaul of its system for handling asylum seekers, the European Union has set a deadline for a compromise—but in the meantime positions have hardened.

Published 1 week ago

Trump’s DACA Overture Worries Immigration Hawks

Trump’s DACA Overture Worries Immigration Hawks

President Donald Trump’s anti-immigration campaign platform thrilled hard-liners who long felt marginalized in the national debate. Now, they fear Mr. Trump will desert them.

Published 1 week ago

Why Globish doesn’t cut it any more

Why Globish doesn’t cut it any more

The PewDiePie effect: how a new global generation learnt perfect English

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Buffett’s influence over banks adds to succession risks

Buffett’s influence over banks adds to succession risks

Potential heirs apparent at Berkshire Hathaway do not have experience of current chief

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US Treasuries sell-off slows in Asia

US Treasuries sell-off slows in Asia

Regional equities slip after Wall Street snaps winning streak

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India bans PwC from auditing listed companies for 2 years

India bans PwC from auditing listed companies for 2 years

India’s securities regulator has banned the global accountancy firm PwC from auditing listed companies in the country for two years, after it failed to spot a $1.7bn fraud at the defunct Satyam Computer Services.

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Why are so many Americans crowdfunding their healthcare?

Why are so many Americans crowdfunding their healthcare?

Online donation sites are booming as patients with little or no health insurance turn to strangers to help pay medical costs

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