While markets await a Saudi update, investors are likely asking how the kingdom left itself so vulnerable, and what it means for the future.Energyread more
Of the recessions the U.S. has seen dating back to the early 1980s, none has come without an oil spike of at least 90%.Economyread more
An oil processing facility at Abqaiq and the nearby Khurais oil field was attacked on Saturday.Marketsread more
Energy stocks, one of the worst-performing sector this year, spiked on Monday after an attack on Saudi Arabia's heart of oil production Saturday sent oil prices soaring.Marketsread more
Shares of defense companies rose on Monday after the United States military was put on alert by President Donald Trump.Marketsread more
The Saudi-led military coalition battling Yemen's Houthi movement said on Monday that the attack on Saudi oil plants was carried out by Iranian weapons and did not originate...Oilread more
Stocks fell on Monday amid fears that a surge in oil prices following an attack in Saudi Arabia could slow down global economic growth.Marketsread more
New research by the Digital Citizens Alliance shows how easy it is to buy illegal steroids and other appearance- and performance-enhancing drugs.Cybersecurityread more
GM shares were down nearly 3% Monday as analysts estimated the strike could cost GM tens of millions of dollars per day. The two sides resumed talks at 10 a.m. Monday...Autosread more
Amazon changed the algorithms that power its product-search system to favor the company's own products, The Wall Street Journal reported.Technologyread more
Between 180 and 200 underperforming GameStop stores are set to shutter before the end of the fiscal year, and more could be on the way.Entertainmentread more
Enrollment on the federal Obamacare marketplace hit nearly 2.3 million people in the first three weeks of the sign-up season for individual health plans, officials said Wednesday.
That tally beats by almost 900,000 people — or 64 percent — the number of customers who signed up during the first four weeks of enrollment in 2016 on the marketplace, HealthCare.gov.
But it remains to be seen whether the faster pace of enrollments seen so far on HealthCare.gov will be enough to beat the exchange's final 9.2 million person sign-up tally for last season.
This sign-up season on that marketplace, which serves people in 39 states, ends Dec. 15 — half of the enrollment window for last season. However, the deadline for sign-ups is later in most of the remaining states, which operate their own Obamacare exchanges, and which separately report sign-up tallies.
In addition to worrying about the shorter enrollment period, Obamacare advocates
Almost 800,000 people selected an Obamacare plan that takes effect Jan. 1 on HealthCare.gov, during the week running from Nov. 12 through last Saturday, officials said.
That was a drop off of 77,000 people from
Most of the customers who have signed up for coverage on HealthCare.gov so far — 1.71 million of them — are returning customers. The remaining 566,042 people are new customers.
Last week, 578,506 customers renewed coverage, and 220,323 new customers selected plans.
The Affordable Care Act requires most Americans to have some form of health coverage during the year or pay a tax penalty.
HealthCare.gov and the state-run exchanges were created to sell coverage to people who do not have insurance through a job, Medicare, Medicaid or other sources.
Most potential customers of the Obamacare marketplace have low or moderate incomes,
Get America Covered, an Obamacare advocacy group founded by former health officials in the Obama administration, said, "Another week of record-breaking enrollment numbers shows that there continues to be strong demand for affordable health insurance through the ACA marketplaces."
"Average daily new consumer enrollment is 45% higher and returning consumer enrollment is 41% higher than last year," group co-founder Joshua Peck wrote in a Medium.com article on the tally. "Because of the shortened enrollment period, even more new people will need to sign up in the final three weeks for a comparable number to sign up this year as signed up last year."
"Technically, this is the halfway point between November 1st and the December 15 deadline; however, because enrollment ramps up as we get closer to the deadline, the halfway point for enrollments will be around December 4. Last year 2.95 million had enrolled by December 4th out of the 6.1 million total who enrolled through December 17."
Correction: The Obamacare enrollment tally beats by almost 900,000 people — or 64 percent — the number of customers who signed up during the first four weeks of enrollment in 2016. An earlier version misstated the percentage.