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Kaiser Permanente Unions Strike, Mounting Largest U.S. Healthcare Walkout in Decades

October 4, 2023 / no comments

More than 75,000 nurses, pharmacists and other employees have stopped work in a dispute over wages and staffing.

The World’s Dollar Addiction Is Hard to Kick

October 4, 2023 / no comments

Though the share of global foreign-exchange reserves in U.S. dollars remains near a 25-year low, there is little sign of rapid de-dollarization.

Homeowners Flock to Last-Resort Insurance Policies

October 4, 2023 / no comments

Hundreds of thousands of people nationally are signing up with state insurers of last resort as home insurers pull back from disaster-prone areas.

Kaiser Permanente Health Care Workers Go on Strike

October 4, 2023 / no comments

The health system failed to reach a new contract agreement with some of its unionized employees, who have planned a three-day job action in Kaiser’s facilities in several states.

McCarthy’s Ouster Adds to Market Jitters

October 4, 2023 / no comments

Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.

Why 8% Mortgage Rates Aren’t Crazy

October 4, 2023 / no comments

With fewer buyers for mortgage bonds, the rates on home loans can go unusually high.

MultiCare Indigo workers reach contract agreement, avoid strike

October 4, 2023 / no comments

Contract talks started in November, with the union calling for the Tacoma-based hospital system to address staffing needs and other concerns.

A ‘Shadow’ Lending Market in the U.S., Funded by Insurance Premiums

October 4, 2023 / no comments

Apollo was the first to use annuities to build a major financing business. Others followed, driving the growth of the private lending market and worrying regulators.

Liu Yiqian, China’s Top Art Collector, Is Selling a Modigliani

October 4, 2023 / no comments

Liu Yiqian made global headlines in 2014 and 2015 by paying top prices for paintings and antiquities but is starting to liquidate some of his artworks.

New Seabourn president navigates luxury cruise line out of the pandemic

October 4, 2023 / no comments

Seabourn Cruise Line operates six ships, with another under construction, on trips that range from a week to 81 days and cost tens of thousands of dollars.

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