Centene commits to new Obamacare markets for 2018, as other insurers eye business

Where President Donald Trump sees a “death spiral” for Obamacare, some insurers don’t seem quite so pessimistic. Big insurer Centene has announced plans to enter the Obamacare markets of Kansas, Missouri and Nevada in 2018, and also intends to expand...

Trump administration says almost 2 million fewer paying Obamacare customers after bills came due

The number of paying customers for Obamacare plans was 10.3 million in February, nearly 2 million people fewer than the actual number who signed up for a health insurance plan sold on a government marketplace, the Trump administration said Monday. Such drop-offs...

Markets doubt future rate hikes, disagree with Fed’s glass half full view of economy

Doubting the Federal Reserve’s ability to hike rates as forecast, markets are wrestling with the central bank over whether the economy reflects a glass half empty or half full. The Fed hiked interest rates Wednesday by a quarter point and spelled out how it...

As oil tanks, Saudi Arabia’s next effort to boost prices may be targeting US oil inventory data

The unrelenting slide in crude prices is pressuring Saudi Arabia and other major oil producers, and their next tactic may be to try to reduce the highly visible U.S. oil inventories. U.S. weekly inventory data is perhaps the most frequent and visible source of oil...