Financial services

In this Sunday, Dec. 3, 2017, photo, Stephanie and Lance Schmidt pose for a photo with their children, from left, Stella, Solomon and Theo, at their home in Oklahoma City. The Schmidt's have opted for a cost-sharing ministry this year after they realized their monthly insurance bill would have more than doubled to over $1,200 and stuck them with an $8,000 deductible for their family of five. (AP Photo/Sue Ogrocki)
December 10, 2017 - 10:10 am
Margaret Leatherwood has eight choices for health insurance next year but no good options. The cheapest individual coverage available in her market would eat up nearly a quarter of the income her husband brings home from the oilfields. The Bryson, Texas, couple makes too much to qualify for...
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FILE - In this Sept. 27, 2016, file photo, Nathan Carman arrives in a small boat at the US Coast Guard station in Boston after spending a week at sea in a life raft before being rescued by a passing freighter. Insurance company lawyers on Monday, Sept. 25, 2017, blasted Carman, whose mother was lost at sea, saying he made suspicious alterations to his boat before what they called its "most curious sinking." There is a hearing on the insurance claim in Federal Court Friday, Dec. 8, 2017 in Providence, RI. (AP Photo/Michael Dwyer, File)
December 08, 2017 - 3:27 pm
PROVIDENCE, R.I. (AP) — A Vermont man whose mother and grandfather died in mysterious circumstances must turn over information related to a missing gun, as well as phone and other records, in a Rhode Island lawsuit over insurance on his sunken boat. Nathan Carman must turn over the information...
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FILE - In this Thursday, April 27, 2017 file photo, the President of the European Central Bank Mario Draghi speaks during a news conference in Frankfurt, Germany. A key global forum of banking regulators has completed a new set of rules aimed at keeping bad banks from needing taxpayer bailouts and hurting the economy, it was reported on Thursday, Dec. 7, 2017. Under the latest rules, banks must keep at least 7X percent of the capital buffers under their own internal risk calculations, compared to a stricter measure used by regulators.(AP Photo/Michael Probst, File)
December 07, 2017 - 11:28 am
FRANKFURT, Germany (AP) — A global forum of banking regulators has finished its years-long work on rules that aim to keep weak banks from needing taxpayer bailouts and setting off financial crises like the one that led to the Great Recession. The oversight board of the Basel Committee on Banking...
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FILE - In this Monday, Jan. 9, 2017, file photo, a trader works at the New York Stock Exchange. There’s still time to slash your tax burden, boost your retirement savings and get a head start on investing wisely in 2018. One tip is to spend some time reviewing your portfolio. The end of the year is a good time to check your portfolio’s diversification among assets, such as stocks and bonds, and categories within each. (AP Photo/Mark Lennihan, File)
December 07, 2017 - 10:09 am
Good news: There's still time to slash your tax burden, boost your retirement savings and get a head start on investing wisely in 2018 — all before Auld Lang Syne plays on New Year's Eve. Bad news: You'll need to take action — and soon. Use this simple checklist to save money and prepare your...
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FILE - This Tuesday, Oct. 16, 2012, file photo, shows a portion of the UnitedHealth Group Inc.'s campus in Minnetonka, Minn. UnitedHealth Group Inc. said Wednesday, Dec. 6, 2017, that its Optum segment will buy the DaVita Medical Group from DaVita Inc. in a cash deal expected to close next year. (AP Photo/Jim Mone, File)
December 06, 2017 - 9:21 am
The nation's biggest health insurer is spending nearly $5 billion to buy hundreds of clinics, just three days after rival Aetna announced a tie up with CVS Health Corp. Minnetonka, Minnesota-based UnitedHealth Group Inc. said Wednesday that its Optum segment will buy the DaVita Medical Group from...
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In this Tuesday, Nov. 28, 2017, photo, Jerome Powell, President Donald Trump's nominee for chairman of the Federal Reserve, testifies during his confirmation hearing before the Senate Banking, Housing, and Urban Affairs Committee on Capitol Hill in Washington. On Tuesday, Dec. 5, 2017, the Senate Banking Committee approved Powell to be the next chairman of the Federal Reserve. (AP Photo/Carolyn Kaster)
December 05, 2017 - 11:31 am
WASHINGTON (AP) — The Senate Banking Committee on Tuesday approved President Donald Trump's selection of Jerome Powell to be the next chairman of the Federal Reserve. The committee vote was 22-1 with all Republicans and every Democrat except Sen. Elizabeth Warren, D-Mass., supporting the nomination...
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Customers leave a CVS Pharmacy, Sunday, Dec. 3, 2017 in the Brooklyn borough of New York. CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain reach deeper into customer health care and protect a key client, a person with knowledge of the matter said Sunday. (AP Photo/Mark Lennihan)
December 04, 2017 - 12:29 am
CVS Health wants to do much more than fill your prescription or jab your arm with an annual flu shot. The second-largest U.S. drugstore chain is buying Aetna, the third-largest health insurer, in order to push much deeper into customer care. The evolution won't happen overnight, but in time,...
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FILE - This May 15, 2017, file photo, shows a CVS pharmacy sign at a store in Hialeah, Fla. CVS will buy insurance giant Aetna in a roughly $69 billion deal that will help the drugstore chain provide more health care and keep a key client, according to a person with knowledge of the matter. (AP Photo/Alan Diaz, File)
December 03, 2017 - 9:28 pm
Drugstore operator CVS is making a $69 billion offer for insurer Aetna as it tries to position itself as a one-stop shop for Americans' health care needs with prescription drugs, clinics and insurance plans to cover those goods and services. The companies announced Sunday that CVS Health Corp. will...
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December 02, 2017 - 6:51 pm
The technology publication Recode is reporting that Visa fired a high-profile executive for behavior that "violated" the credit card company's policy. Recode reported that Jim McCarthy's departure was announced in an internal memo Friday. As executive vice president of innovation and strategic...
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FILE - In this Feb. 9, 2011, file photo, people walk past a Commonwealth Bank branch in Sydney, Australia. The Australian government bowed to growing pressure on Thursday, Nov. 30, 2017 by announcing a high-level inquiry into misbehavior in Australia's financial sector. (AP Photo/Rick Rycroft)
November 30, 2017 - 4:56 am
CANBERRA, Australia (AP) — The Australian government bowed to growing pressure by announcing Thursday a high-level inquiry into misbehavior in Australia's financial sector. A royal commission — the highest form of investigation in Australia — will review the banking, pension and financial services...
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