- A spokesperson for the University told WESA Friday that the school has "temporarily paused additional Ph.D. offers of admission," while Pitt works to understand how proposed federal funding cuts could play out.
- From Habsburg Spain to Trump’s America, there’s no escaping the consequences of spending more on interest payments than on defense.
- At 84, real-estate tycoon Stephen Ross is spending a fortune on his vision to transform the area into a rival to New York and San Francisco
- US growth is likely to slow in the second half of the year as tariffs, tighter immigration laws and government cost-cutting efforts led by Elon Musk weigh on the economy, billionaire Steve Cohen said.
- With a nominal range of 319 miles, Equinox represents GM’s first serious push into mass-market family EVs. Dan Neil sizes it up against the competition.
- US consumers’ long-term inflation expectations rose to the highest level in almost three decades on concerns President Donald Trump’s tariffs will translate into higher prices.
- The president is seeking to disband the mail provider’s governing board and put the USPS under the control of the Commerce Department.
- The Centers for Medicare and Medicaid Services has codified regulatory changes to its Medicare Advantage Risk Adjustment Data Validation audit program of risk adjustments submitted by Medicare Advantage Organizations. Most significantly, CMS will begin applying contract-level extrapolation to its RADV audit findings beginning with audits of calendar year 2018, which will significantly increase MAO exposure based upon alleged overpayment findings.
- Using health insurer financial data for 2023, we find that in 2023, per enrollee gross margins were highest in the Medicare Advantage market, and medical loss ratios were lowest in the individual insurance market. Across most markets, gross margins have been relatively stable in recent years.
- The US Justice Department has been investigating UnitedHealth Group Inc.’s Medicare billing practices, a person familiar with the matter said. The company’s stock fell sharply early Friday.
- The Justice Department is probing diagnoses and practices that triggered extra payments to UnitedHealth’s Medicare Advantage plans, people familiar with the matter say.
- Leland Dudek’s weekend started with a phone call removing him from his job at the Social Security Administration after giving information about the agency to DOGE, the government cost-cutting initiative associated with billionaire Elon Musk.
- Frontier Group Holdings Inc.’s CEO said he expects President Donald Trump’s antitrust enforcers to embrace airline deals after multiple tie-ups were blocked during the Biden administration.
- What he’s signed—and what it means.
- The Argentine president’s economic turnaround includes efforts to reawaken a lending industry that’s been dormant for years
- Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given current hurdles that include the Federal Reserve’s quantitative tightening program.
- US Treasuries rose after the minutes from last month’s Federal Reserve meeting revealed policymakers discussed pausing or slowing the balance-sheet runoff until the government’s debt-ceiling drama is resolved.
- When Brazil’s interest rates hit 12.25% in December, it soon became clear that even billionaires couldn’t make the market work for them.
- The Trump administration directive exempts a handful of programs, including Trump’s expanded military mission along the U.S.-Mexico border.
- The owners of an LLC may be tempted to have the LLC elect to be treated as an S corporation for federal tax purposes. However, there are a host of issues that should be considered before making this move. In this article, the authors discuss 10 reasons why it may not be beneficial for an LLC to make an S corporation election.
- The US-based operator of Forever 21 Inc. is preparing to close at least 200 more locations from the fast-fashion retailer’s shrinking store base as part of a bankruptcy process that’s expected to kick off as soon as next month, according to people with knowledge of the matter.
- Many probationary employees targeted in latest Trump cuts across agencies had excellent ratings; legal challenges are expected.
- The much-hyped hydrogen-electric truck maker that briefly sported a market value comparable to Ford, has filed for bankruptcy with plans to wind down its business.
- Economists are in raptures, but they should be careful
- Executive order will force watchdogs including the Federal Reserve and SEC to submit draft regulations to the White House
- Neither the US nor China is willing to assume the responsibility
- The head of U.S. Indo-Pacific Command warns about Beijing’s plans.
- While Boeing is bogged down, its archrival is pulling ahead with a new model that’s a symbol of their diverging fortunes.
- Beijing has been seeking to hold US debt through lower-profile accounts and diversifying into other assets
- President Donald Trump said he would likely impose tariffs on automobile, semiconductor and pharmaceutical imports of around 25%, with an announcement coming as soon as April 2.
- For the first time in decades, the arithmetic suggests settling housing loans
- The Trump administration is planning to lay off at least 40% of the workers at the federal agency that provides mortgage insurance on loans for people who otherwise wouldn’t qualify for one, according to two sources familiar with the agency’s plans.
- The carrier is trying to cut costs after a battle with an activist investor last year.
- Meet Helsing, Europe’s defence-tech unicorn
- Many bosses doubt that the upcoming election will change that
- Seventy countries have recently backed “all Chinese efforts” to take the island
- Grain pains are growing
- The superpowers use soft and hard power
- China has turned much of the global south against Taiwan. That could be laying the ground for forced unification
- Tariff threats are hanging over the complex, intertwined southern border economy.
- President’s memo asks agencies for more details on how to adjust U.S. tariffs to reflect the duties imposed by other nations.
- A well-known retail chain with locations throughout Florida is preparing to close several stores as part of a sweeping round of nationwide shutdowns.
- Some fear growing speculation in options, meme stocks and crypto.
- President Donald Trump wants the justices to allow him to remove the head of the Office of Special Counsel, which investigates whistleblower reports.
- Charlie Javice stands trial on charges she fraudulently induced US bank to buy her student loan start-up
- As U.S.-China tensions rise, more tech businesses are moving their production elsewhere
- Our nation is in an undeclared state of emergency, and must resurrect the American Industrial Base we depended on in the depths of the Cold War.