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Health care costs in the U.S. continue to grow year after year, leaving Americans with more and more debt. According to Credit Karma data provided to Yahoo Finance, roughly 21 million Americans holding $46 billion of medical debt as of April 2021 face collections — meaning that a third-party debt collector is trying to obtain the money owed. “Our system is completely out of whack,” Frederick Isasi, executive director at Families USA, a nonprofit and nonpartisan consumer health advocacy… Source link

By Elizabeth Culliford Twitter users can once again apply to be verified after a years-long freeze on public submissions for the site’s blue check marks, though the company said only “notable” users would be awarded the badge. The social media company paused public submissions for these badges in 2017 amid criticism that its verification program was arbitrary and confusing. It said at the time the check mark was being confused with “an endorsement or an indicator of importance”. Under the new… Source link

(Bloomberg) — The billionaire founder of KE Holdings Inc. has died of an unspecified illness, a shocking development for a Chinese property company that pulled off one of the strongest U.S. market debuts of 2020. Zuo Hui, who turned the company known as Beike from a nationwide chain of real estate offices into China’s largest platform for housing transactions and services, died May 20 after an “unexpected worsening of illness,” his company said in a statement without elaborating. KE… Source link

Workers filing for new unemployment benefits fell to a new pandemic-era low in the latest week, hitting their lowest levels in more than a year as the labor market continued to heal from the worst days of the COVID-19 outbreak.  The Department of Labor released its weekly report on new jobless claims Thursday at 8:30 a.m. ET. Here were the main metrics expected from the report, compared to consensus data compiled by Bloomberg: Initial jobless claims, week ended May 15: 444,000 vs. 450,000… Source link

Dogecoin, which started as a joke crypto token, has swung to and fro on Elon Musk’s tweets. Photo: Yuriko Nakao/Getty Images The price of Dogecoin (DOGE-USD) spiked on Thursday, before retreating slightly, after Tesla (TSLA) founder Elon Musk again posted his support for it on social media. The cryptocurrency climbed as high at $0.40 (£0.28) from lows of $0.29 earlier in the day after a brutal sell-off on Wednesday. The price of dogecoin spiked immediately after Musk tweeted on Thursday…. Source link

After Wednesday’s cryptocurrency collapse erased more than $500 billion in global market cap, bitcoin finds itself teetering on a very key technical level. Regardless of whether or not it was all sparked by Elon Musk tweets, or a rotation by institutional players out of bitcoin (BTC-USD) into altcoins or gold, the world’s largest crypto by market cap dipped below its 200-day moving average on Wednesday. According to historical bitcoin data from Fundstrat Global Advisors, bitcoin trading above… Source link

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Thursday, May 20, 2021 The single-family housing market is under pressure. Will it be the next market to crack?  Over the course of the last year, we’ve seen a series of market fads come and go.  On Wednesday, cryptocurrencies were just the latest buzzy asset class to see a swift reversal in market sentiment (followed by a reversal of that… Source link

One eye, one shot, one game. It doesn’t matter to the champion Los Angeles Lakers who escaped a dangerous 103-100 play-in battle on Wednesday featuring the scariest dude of them all. LeBron James’ Hail Mary must’ve been full of grace in the final minute, much to the chagrin of Stephen Curry, a man who’s performed his share of unbelievable magic this time of year. But perhaps it was the perfect test for a team that had more internal struggles through the season than challenges from the… Source link

Revenge Of The Klubot In what has become a weekly occurrence in 2021, Corey Kluber etched his name in the history books Wednesday night by throwing a no-hitter versus the Rangers. The right-hander threw exactly one inning for Texas last season before suffering a season-ending shoulder injury and now has achieved baseball’s sixth no-hitter of the season and the first of his amazing career. The only wart on the scorecard for Kluber was a four-pitch walk to Charlie Culberson in the third inning… Source link

The Guardian After 20 years of insults, Kwame Brown proved revenge is best served flaming hot The former No 1 overall pick in the NBA draft has been ridiculed for years as a bust. This week, in hours of YouTube rants, he set the record straight Kwame Brown talks to Kobe Bryant during his time with the Lakers in 2006. Photograph: Andrew D Bernstein/NBAE/Getty Images Before the NFL’s JaMarcus Russell there was the NBA’s Kwame Brown. Like the former Raiders quarterback, Brown was a top draft… Source link