30 July, 2014 by The TZ Newswire Staff Comments Off on Thank You Obamacare – California Health Insurance Costs Spike Up To 88% In 2014
Thank You Obamacare – California Health Insurance Costs Spike Up To 88% In 2014
If you like your disposable income… forget it. Health-care insurance premiums for individuals in California rose between 22% and 88% in 2014 from last year, even after the federal health-care overhaul. This has led, as Bloomberg reports, to Proposition 45 – a bill that would grant regulatory say on proposed premium increases. “Unless Proposition 45 is passed we are going to continue to see dramatic year-over-year increases,” warned Insurance Commissioner Dave Jones.
30 July, 2014 by The TZ Newswire Staff Comments Off on Retirees Are Satisfied With Less Income
Retirees Are Satisfied With Less Income
Not enough money in retirement? Says who? Eighty-nine percent of recent retirees are somewhat or very satisfied with retirement so far, according to a new survey by mutual fund giant T. Rowe Price. That’s despite the fact that the typical retiree says he or she is living on only 66% of his preretirement income, on average. Still, that has not hurt the retirees’ standards of living.
30 July, 2014 by The TZ Newswire Staff Comments Off on Retirees Are Satisfied With Less Income
Retirees Are Satisfied With Less Income
Not enough money in retirement? Says who? Eighty-nine percent of recent retirees are somewhat or very satisfied with retirement so far, according to a new survey by mutual fund giant T. Rowe Price. That’s despite the fact that the typical retiree says he or she is living on only 66% of his preretirement income, on average. Still, that has not hurt the retirees’ standards of living.
30 July, 2014 by The TZ Newswire Staff Comments Off on Indexes Rise But Accumulation Is Still Less Than Robust
Indexes Rise But Accumulation Is Still Less Than Robust
The market returned to a limited buying mood after the U.S. central bank further reduced its appetite for bonds and mortgages, its effort to keep the cost of money low. The Nasdaq composite snapped a mild four-day losing streak Wednesday with a 0.5% advance in lower volume. That gain nearly recouped all of the prior four sessions’ worth of losses. But the S&P 500 showed that the institutional crowd wasn’t exactly buying with serious conviction.
30 July, 2014 by The TZ Newswire Staff Comments Off on Whole Foods fails to deliver
Whole Foods fails to deliver
Whole Foods is the second worst performing stock in the S&P 500 this year, and it’s about to get worse.
30 July, 2014 by The TZ Newswire Staff Comments Off on Stocks could rise another 25%
Stocks could rise another 25%
Is the bull market done, or does it have legs to run? This post was written for Yahoo Finance by economist and nationally recognized columnist Peter Morici: Stocks may be near record levels, but the bull market is not done. Digital technologies permit businesses to use investors’ cash far more efficiently these days, and could easily push up stock prices another 25%. Henry Ford had a great idea — an inexpensive assembly line vehicle — but he needed vast amounts of capital and decades to erect factories, cultivate suppliers and establish a national dealership network.
30 July, 2014 by The TZ Newswire Staff Comments Off on Yelp’s business account growth falls short of expectations
Yelp’s business account growth falls short of expectations
Yelp Inc, the operator of consumer review website Yelp.com, reported its first quarterly profit as a public company, shrugging of analyst forecasts of a loss, as it won more small businesses customers.