The U.S. House of Representatives approved a bill by a voice vote that would force banking regulators to classify investment-grade municipal bonds as liquid assets. The bill was written by Rep. Luke Messer, an Indiana Republican.
The head of the third-biggest U.S. health insurer said he has “serious concerns” about whether or not Obamacare’s new markets are sustainable, echoing criticism from other top for-profit insurers.
The Indianapolis-based insurer is eking out a small profit from selling policies to individuals under the Affordable Care Act, but many of its rivals aren’t.
The Indianapolis-based health insurer Anthem Inc. saw medical enrollment slip and overhead rise in the fourth quarter, pushing down profit by 64 percent. Shares fell more than 3 percent Wednesday morning.
More than two dozen American states, including Indiana, asked the U.S. Supreme Court to put on hold President Barack Obama’s carbon dioxide-cutting Clean Power Plan after their request for a similar pause was rejected by a lower court.
The shale boom is threatening to ruin a renaissance in small refineries, known as teapots, before it even begins.
At least 50 million people are in the path of a potentially catastrophic winter storm that already is paralyzing transportation and shutting down public services.
U.S. stocks tumbled Wednesday morning, with the Dow Jones Industrial Average dropping almost 500 points, following a renewed selloff across stocks worldwide as skepticism about the strength of the global economy intensified.
The accord announced Tuesday follows a confidential settlement of a lawsuit filed against FanDuel in October by former Indianapolis Colts wide receiver Pierre Garcon, who accused the site of using his name and image without his permission.
The U.S. government will limit a process that allowed people to sign up for health insurance under Obamacare outside of the normal enrollment period, after insurers complained that the special periods were letting people into the program only when they got sick.
The U.S. Department of Agriculture has quarantined and destroyed hundreds of thousands of turkeys and chickens in Indiana in an effort to avoid a repeat of last year’s outbreak that cost the industry $3.3 billion.
Anthem, which contracts with Express Scripts to manage drug costs for its members, said the pharmacy manager should be passing along about $3 billion a year more in the savings it negotiates from drug companies.
While many growers remain profitable, the global commodity slump is increasing pressure on a Midwest economy that was largely shielded from the worst of the financial crisis by high crop prices and land values.
Five of the nine justices hinted that they were poised to let government workers refuse to fund the cost of collective bargaining. That step would be a blow to public-sector unions, which account for almost half the country’s unionized workers.
The Standard & Poor’s 500 index slid 2.4 percent on Thursday, to close at 1,943.09, falling to its lowest point since Oct. 1 in the worst start to a year in data going back to 1928.
For months, Federal Reserve officials have pledged that this rate hiking cycle will be gradual and data-dependent. After they finally lifted rates for the first time in almost a decade last month, market participants and economists have focused on just what that means. This week, two policy makers have given us a few additional clues […]
Keep your spending mindful and your savings mindless. That’s one key bit of financial advice for millennials from Karen Carr, a 27-year-old certified financial planner with Society of Grownups, a personal finance education and planning company based in Brookline, Mass. Sounds good, but how do you go about doing that? Carr and other millennial-generation money […]
Anthem’s retirement plan is accused in a lawsuit of forcing about 60,000 workers and retirees to pay excessive fees by having to invest in Vanguard Group funds billed as low-cost options.
With Aetna’s departure, two of the five biggest public U.S. health insurers will have ditched America’s Health Insurance Plans. The other three—Anthem Inc., Cigna Corp. and Humana Inc.—are still members
Indianapolis-based Eli Lilly and Co., which has promised to return to growth after a half-decade of falling revenue, indicated that 2016 earnings might be below analysts’ estimates.
