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Cigna To Exit Obamacare In 2027 Amid Rising Costs
Cigna To Exit Obamacare In 2027 Amid Rising Costs
Authored by Mary Prenon via The Epoch Times,
The Cigna Group, one of the country’s largest health services and insurance firms, is joining others, including Aetna and UnitedHealthcare, in divesting its individual health exchange business.
By the end of 2026, Cigna Group will no longer offer insurance through the Affordable Care Act (ACA), also known as “Obamacare,” the company said during its April 30 earnings call.
According to its first-quarter earnings report, as of March 31, the company’s individual exchange business had 369,000 members...
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Jun 30, 2026 / Tyler Durden
US Home Prices Drop For 3rd Straight Month
US Home Prices Drop For 3rd Straight Month
Home prices in America's top 20 cities were expected to fall MoM for the 3rd straight month in April (the latest reported data from S&P Cotality Case-Shiller) and they did... but only marginally.
Prices fell 0.04% MoM in April (less than the 0.10% decline expected), but the annual change rose modestly from +0.88% YoY to +1.14% YoY...
Source: Bloomberg
"Monthly price movements show seasonal strength masking underlying softness," said Nicholas Godec, CFA, CAIA, CIPM, Head of Fixed Income Tradables & Commodities at S&P Dow Jones Indices.
The...
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Sep 24, 2026 / Tyler Durden
Japan Breaks The 'Debt Causes Inflation' Narrative
Japan Breaks The 'Debt Causes Inflation' Narrative
Authored by Michael Lebowitz via RealInvestmentAdvice.com,
A dollar today buys nearly twice as many Japanese yen as it did fifteen years ago. Crude oil, in yen terms, is up roughly 70% year to date. Food prices are similarly elevated. Japan imports most of the energy and much of the food it consumes, paying for it in dollars that keep getting more expensive. Those facts alone should lead us to conclude Japan has an inflation problem.
As if those factors weren't enough, add their debt overhang,...
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Apr 20, 2026 / Tyler Durden
"Critical Inflection Point" Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout
"Critical Inflection Point" Reached As USA Rare Earth Expands With $2.8 Billion Serra Verde Buyout
USA Rare Earth Inc. is acquiring Brazil’s Serra Verde Group in a roughly $2.8 billion cash-and-stock deal, part of a broader push by the U.S. and its allies to secure independent supplies of critical minerals, according to CNBC and Bloomberg.
The agreement includes $300 million in cash and a large share issuance, with the transaction expected to close in the third quarter.
The deal comes amid rising concern over China’s dominance in rare earths—a group of 17...
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