What if there was a limit on how much hospitals could charge for care? Plus: adjustable-rate mortgages, $100 oil, and homebuying with a friend.
Oil prices that top the $100-per-barrel mark have downstream effects on all kinds of things. Bonds are among them.
Ahead of the September FOMC meeting, we asked University of Chicago economist Randy Kroszner WWKWD: “What will Kevin Warsh do?”
Indiana and Vermont have passed legislation capping what hospitals can charge patients with private insurance, using Medicare rates as a benchmark.
They’re cheaper in the short term, riskier in the long run.
“I thought, ‘Oh, the down payment and closing costs and those kinds of things are going to be the most expensive part of buying a house, and it ain't,” says Ashley Ayala.