As GOP weighs Obamacare cuts, the party’s constituents are more likely to use marketplace coverage, poll finds

As GOP weighs Obamacare cuts, the party’s constituents are more likely to use marketplace coverage, poll finds


Key Points
  • More Republicans than Democrats get health insurance through the Affordable Care Act marketplace, according to a poll by KFF.
  • The GOP-controlled House of Representatives passed a massive tax and spending bill in May that makes substantial cuts to health programs for the ACA, also known as Obamacare.
  • Millions of people are expected to lose health insurance coverage if the bill becomes law.



Source

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks
Finance

China-U.S. agree on framework to implement Geneva trade consensus after second day of London talks

Key Points The U.S. and China have reached consensus on trade, representatives from both sides said after high-level talks in London, according to an NBC transcript. The negotiators will now seek approval on the framework from the U.S. and Chinese presidents, before implementing it. The talks follow a breakthrough trade agreement reached in mid-May that […]

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DoubleLine’s Gundlach says to buy international stocks on the dollar’s ‘secular decline’
Finance

DoubleLine’s Gundlach says to buy international stocks on the dollar’s ‘secular decline’

Jeffrey Gundlach speaking at the 2019 Sohn Conference in New York on May 6, 2019. Adam Jeffery | CNBC DoubleLine Capital CEO Jeffrey Gundlach said Tuesday that international stocks will continue to outshine U.S. equities on the back of what he believes to be the dollar’s secular downtrend. “I think the trade is to not own U.S. […]

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Why BlackRock’s smallest deal of 2024 may end up being its most consequential
Finance

Why BlackRock’s smallest deal of 2024 may end up being its most consequential

BlackRock CEO Larry Fink has sent a clear message to investors: The world’s largest asset manager’s smallest acquisition last year could end up its most consequential. During an industry conference in March, the long-time executive said BlackRock’s $3.2 billion purchase of alternatives asset data provider Preqin — its smallest of the four deals announced in […]

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