While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday afternoon as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
Like other adult things, choosing your first health insurance plan seems scary until you do it.
Lots of acronyms you never heard before? Check. You know it's going to hit your wallet? Check. It's some mysterious part of your job with a lot of brochures? Check.
When you're looking through your plan choices, ask yourself what's going on in your life, says Jeff Oldham, senior vice president of global and institutional markets at Benefitfocus, a benefits enrollment software company.
But first, learn the following words and acronyms. When you meet with the HR people at your company, you'll have a head start and the sheer bulk of information won't seem so daunting.
You'll need to know these terms so you can make informed decisions:
Millennials are drawn to high-deductible health plans for a few reasons.
The amount of the deductible may seem daunting, "but your premium is much lower," Oldham said. "You are telling the insurance company you're in pretty good health."
Decades of growth on pre-tax money makes the HSA a powerful savings vehicle for your retirement years, Oldham says.
The average retiree spends more than $275,000 on health care alone, a figure that could easily double by the time millennials hit the golden years, according to Oldham.
If you're planning a trip to some rugged, remote location, Oldham recommends accident insurance. That way, you can still take advantage of the lower cost of a high-deductible plan.
And if you're thinking of ditching insurance, don't. "The mandate to have health insurance was repealed, but it doesn't take effect till 2019," Oldham said.
One last piece of advice. "Don't take the money you save on lower premiums and blow it," Oldham said. Develop good savings habits by stashing it in your HSA or putting it toward student debt.