The spokeswoman, Alleigh Marre, wrote that “Obamacare continues to collapse,” and that “Obamacare has been in a death spiral for years.” HHS oversees the implementation of Obamacare, and operates HealthCare.gov, which continues to enroll people in private individual insurance plans sold in 34 states. “HHS’s role is to implement the law of the land, which includes the Affordable Care Act, not sabotage health care programs that millions of Americans rely on,” Smith said. “This is all being done be

Billionaire Microsoft co-founder Bill Gates knows that intelligence isn’t one-size-fits-all. Gates built his career on strong logic and mathematical skills, establishing himself as a brilliant coder with a knack for solving technical problems. “Looking back on when I left college, there are some things I wish I had known,” Gates writes. Psychological researchers say a person can possess several types of intelligence. Funders and Founders designer Mark Vital highlighted what each type of intellig

“There’s infrastructure here that’s exploding the payment options in a way that’s probably five years ahead of the U.S. already,” he said. The company has 100 million mobile wallet users and is number 16 on the CNBC Disruptor 50 list. Bose said the architecture of India’s payment infrastructure is fundamentally different than the U.S. “In the U.S., payment companies … make money through transactions. “What we’ve done is not only enable cards, but we have one hundred million active wallet users

Instagram was updated with a new (and quite fun) feature called “face filters” on Tuesday that allows you to spice up the videos and photos you share with your friends. More importantly, it provides a perfect new venue for Facebook to make money off of Instagram, though we’ll get into that later. The feature is called “face filters” and uses augmented reality — much like similar features in Snapchat — to overlay effects, costumes and more on top of your face. It’s silly, but also just another re

Michael Lynton has his wife to thank for his job as chairman of Snap — and all it took was an email to customer service. His wife especially liked how it was getting her kids to communicate one-on-one again — so she wrote the company an email. However, she didn’t even direct it to CEO Evan Spiegel: She emailed customer service. “He was at our house one hour later,” Lynton said laughing. It helped that Lynton is the outgoing CEO of Sony Entertainment, expected to step down later this year.

Investors are getting the lowest yields on the riskiest bonds in almost three years, another sign of the high level of complacency in financial markets. Demand drives prices higher and thus sends bond yields lower under the dynamics of the fixed income market. The correlations are much higher,” said Peter Schwab, portfolio manager at Pax High Yield Bond Fund. A look at the trajectory of junk bond yields over the past five years. However, investors are raising the same questions about the junk bo

Republican Sen. Charles Grassley said on Tuesday that he believes the Trump administration will likely pursue a trilateral trade deal with Canada and Mexico as it renegotiates the North American Free Trade Agreement. Speaking to reporters after leaving a Senate Finance Committee meeting with new U.S. Trade Representative Robert Lighthizer, Grassley, a Republican, said: “It sounds to me like it’s going to be trilateral unless there’s problems that come up with that sort of machinery, then of cour

According to the Food Institute, which analyzed Bureau of Labor Statistics expenditure data from 2015, people from 25 to 34 spent, on average, $3,097 on eating out. Yes, you would surely save money by choosing to make your own avocado toast at home (perhaps with some cucumber soup). The average price of a single avocado in March was $1.25, according to the Hass Avocado Board. One Twitter user calculated that a serving of avocado toast cost her about $1.65 — or one-477,896th the average price of

The White House was placed on lockdown late on Tuesday after a person attempted to jump over a bike rack used as a barrier along the north fence of the mansion where President Donald Trump lives and works, according to the U.S. Secret Service’s official Twitter account. The account added that the suspect was in custody. Security had been tight for Turkish President Tayyip Erdogan’s visit earlier in the day, as protesters gathered in front of the White House. Erdogan left before the lockdown.

The WannaCry ransomware malware hit 200,000 victims in 150 countries due to security holes in older Microsoft Windows operating systems. The analyst reiterated his $80 price target for Microsoft, representing 18 percent upside from Monday’s close. Nemeroff cited how 85 percent of companies haven’t yet upgraded to the latest Windows 10 operating system, according to Credit Suisse’s corporate survey. He estimates Microsoft will generate earnings-per-share of $3.35 in fiscal 2018 compared to the Wa

Countries must decide whether they support North Korea or those opposed to its nuclear and missile programs, U.S. Ambassador the United Nations Nikki Haley said on Tuesday, vowing to “call out” states backing Pyongyang. Speaking ahead of an emergency meeting of the U.N. Security Council following North Korea’s latest missile test at the weekend, Haley said she believed the United States and others would agree with North Korea’s neighbor and ally China on how to respond to the launch.

When the ECB started going to negative rates, we had a move to 1.05 and we’ve been consolidating around there for two years.” “If you do the math, it’s just much less euro negative than it was two or three months ago. Vamvakidis, however, does not see a big move higher for the euro, and his year-end target is 1.08. Brown Brothers Harriman analysts do see upside for the euro, and analysts also see a next upside target for the euro against the dollar at 1.15. Vamvakidis said his outlook for the eu

In just the past year alone, KFC has redesigned 400 restaurants, or 10 percent of its U.S. locations, but one remodel stands apart from the rest. The Big Chicken in Marietta, Georgia, is an iconic storefront — with a more than 50-foot metal chicken jutting out its front — and its one of KFC’s most successful locations. For 12 weeks, the Big Chicken was shut down to undergo a substantial remodel. Two years ago, KFC’s parent, Yum Brands, said it would invest $185 million to revive the brand. Here’

Wall Street analysts have made the right calls so far this year. Analysts’ 50 most loved stocks at the start of the year are up an average 11.37 percent year-to-date, according to a Monday note from Bespoke Investment Group. On the flip side, the 50 stocks analysts hated most at the start of this year are down an average 0.74 percent year-to-date. Source: Bespoke Investment GroupTypically, a high number of buy ratings on a stock means it’s likely peaked and investors should sell. In April, large

For the second time in a week, President Donald Trump has undercut a senior administration official seeking to quell furor over a controversy emanating from the Oval Office, and it may be costing him some support now. The latest seeming contradiction from Trump followed reports Monday that the president had shared classified information with Russian officials, a report that was categorically denied by national security advisor H.R. But on Tuesday morning, Trump contradicted the denial on Twitter

Apple will unveil new laptops during its annual developer conference, known as WWDC, next month, according to a report in Bloomberg. The company will refresh the MacBook Pro with new seventh-gen processors from Intel, the newest available, according to Bloomberg. The company will also update the 12-inch MacBook, the thin-and-light notebook Apple has been selling for a couple of years now. Bloomberg said Apple has been considering updating the 13-inch MacBook Air but it isn’t clear if the company

Former acting Attorney General Sally Yates has suggested that former national security advisor Michael Flynn may have run afoul of criminal law before he got fired. It also has faced criticism about the amount of time that elapsed between Yates’ warning and when Flynn got fired. … In my opinion, a very good person,” Trump told NBC. He reiterated that he fired Flynn not because of Yates’ warning but because Flynn misled Pence. Flynn told Vice President Mike Pence that he had not discussed Russia

Shares of Jack in the Box surged after the company said it had retained Morgan Stanley to evaluate potential alternatives for Mexican chain Qdoba. Jack in the Box also said comparable-store sales at company-owned stores declined 2.4 percent, more than the 1.7 percent decrease analysts had projected, according to a StreetAccount consensus estimate. The San Diego, Calif.-based company also reported earnings of 98 cents per share on $369 million in revenue. Wall Street had expected earnings of 91 c

Shares of Citi hit a year-to-date high on Tuesday, and Todd Gordon of TradingAnalysis.com said the charts are pointing to multi-year highs for the big bank. On a chart of Citi dating back to 2016, the trader pointed out two trends that seem to suggest the stock is set to rally. First, Gordon said Citi is coming out of what he calls a “sideways triangle consolidation” at around the $62 region. In other words, the stock had broken out of a narrowing trading range, a move that leads Gordon to belie

As self-made millionaire Steve Siebold says, almost anyone has what it takes to become a millionaire. Are you on your way to striking it rich? Or does your behavior shoot up red flags? To help you figure it out, we’ve rounded up some warning signs to watch out for. Of course, everyone’s situation is different, but if you’re routinely making these mistakes, it may be time to make some changes when it comes to managing your money.