Author: EconLearner
Alignment Healthcare reported Thursday its second straight profitable quarter as a publicly traded company, in part by managing medical expenses better than many of its competitors that sell Medicare Advantage coverage to older adults.Health AlignmentAlignment Healthcare reported its second consecutive profitable quarter as a publicly traded company, in part by managing medical expenses better than many of its competitors that sell Medicare Advantage coverage to older adults. Alignment, which reported third-quarter net income of $3.7 million, watched its medical benefits ratio, which is the percentage of premium income that goes to medical expenses, falls to 87.2%. This compares to a…
A Tethy underwater robot is being developedTethysMeet the robots that can see and hear in the dark depths of the oceanWhen Jonas Wüst first met rescue divers in Switzerland, what struck him was not their courage, but how much risk still defined their work. “We realized how outdated it all was,” he recalls. “Divers were still sent into low-visibility waters to inspect wrecks, recover objects or deal with unexploded ordnance. It was slow, dangerous and often guesswork.”That observation became the spark for Tethys Robotics, a Zurich-based spin-out from ETH Zurich that is now a catalyst in the disruption of undersea…
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The profit motive does not wait for permission to innovate. It is essential to remember this with the Bank Secrecy Act in mind. The legislation was passed in 1970 to help the federal government prevent money laundering and other financial crimes. Among other things, banks are required by law to generate “currency transaction reports” for cash transactions north of $10,000, along with “suspicious activity reports” of $2,000 to $5,000, depending on the circumstances.Reflecting on the rules, it’s not enough to point out that $10,000 in 1970 meant a lot more literally and figuratively than $10,000 in 2025. Which means we…
The WitcherCredit: NetflixNetflix has released the first full trailer for Season 4 The Witcher earlier this month, and was met with more than a little backlash. I was hoping for the best, and I’m rooting for it Liam Hemsworth as he takes on the role of Geralt of Rivia from Henry Cavill. It’s hard to fill Cavill’s shoes as he was incredibly popular The Witcher fanaticism. But the best was not meant to be. The trailer was a mess, and one line in said trailer turned out to be incredibly controversial—and disappointing. During what appears to be a fight scene,…
WhatsApp bug notifies users.AFP via Getty ImagesAs social media posts go, this one probably needed a few more reviews. The WhatsApp last happy message on X failed miserably, with users worried that the Meta platform suddenly admitted to reading their end-to-end encrypted content.Forbes”Gmail Security Breach”—Google issues critical update for all usersWith Zach DorfmanThe message was simple: “people who end messages with ‘lol’ we see you, we honor you,” the platform posted on X, quickly amassing more than 5 million views.But it turns out that “we see you” isn’t a smart message when your platform relies on assuring 3 billion users…
“Democrats insist the shutdown is about protecting health care. It’s really about protecting a subsidy game that has enriched their political patrons in the insurance industry,” Pipes writes.AFP via Getty ImagesThe federal government shutdown enters its fifth week. At its core, the fight is over insurance subsidies. Democrats are demanding that billions in federal payments to insurers continue unabated. Republicans question whether this is a good idea.Democrats claim they are protecting “access to care.” In fact, they are enriching some of the nation’s largest corporations at the expense of taxpayers.Enhanced subsidies to cover foreign exchange are the clearest example. In…
Aurora is ramping up operations and aims to launch a new technology platform in early 2026 to support further scaling.Dawn Dawnthe only autonomous vehicle manufacturer to operate driverless long-haul trucks on public roads has revealed some remarkable facts about progress towards growing their fleet size and expanding freight operations. How; New technology and new suppliers. “Six months before launch, we’re achieving more industry initiatives, expanding rapidly and paving the way for the deployment of hundreds of trucks next year,” said Chris Urmson, co-founder and CEO of Aurora. “Expanding to El Paso, going over 100,000 driverless miles and integrating our new…
The interest rate decision by Federal Reserve Chairman Jerome Powell and the other voting members of the Federal Reserve will be formally announced on Wednesday.Getty ImagesHere are five commodity trade numbers I’d like to have if I were asked to vote today with the Federal Reserve on whether to lower interest rates a quarter for the second consecutive month. The Fed is grappling with a conflict: A weakening labor market makes the case for lower interest rates, while rising inflation supports keeping or even raising them. With one hand tied behind his back because of it US government shutdownthe Fed…