Money

After several rounds of treatment for a rare eye cancer — weekly drug infusions that could cost nearly $50,000 each — Paul Davis learned Medicare had abruptly stopped paying the bills. That left Davis, a retired physician in Findlay, Ohio, contemplating a horrific choice: risk saddling his family with huge medical debt, if he had to

The Hong Kong Federation of Education Workers on Tuesday urged the government to increase the amount of money it gives in subsidies to kindergartens by between 20 and 40 percent. Nancy Lam from the federation said many kindergartens are struggling financially because subsidies are calculated on the basis of how many children they have and

GoodRx has not been very good at your privacy. And now the Federal Trade Commission has written an expensive prescription: a hefty fine and an agreement to implement various privacy protections. If you’re one of the tens of millions of people who used GoodRx to find bargains on your medications, the drug discount and price-shopping

I lost $209,640 of my own money trying to start a business. Writing about failure sucks. But here's the real story:Context: Me and my wife started a marketplace for last-minute tours and activities. Think of it as Hotel Tonight x OpenTable x ClassPass. The idea was to bring live connectivity to an industry where 80%

The United Kingdom’s Financial Conduct Authority (FCA ) has disclosed that it is investigating three money transfer companies in the country for what might be a violation of the country’s Competition Act of 1998. The financial markets regulator disclosed on Wednesday that it has issued a statement of objections to the three businesses. A statement

The lesson here is that once you have spent enough time in the markets, which are ultimately a reflection of how the underlying economy is progressing, you own part of great businesses that can do well over market cycles and economic conditions or phases that…

Source: AdobeStock / maykalAnatoly Legkodymov, the Russian founder of Hong Kong-registered crypto exchange Bitzlato, has been arrested by US authorities for allegedly processing $700 million in illicit funds. In a January 18 filing, the U.S. Department of Justice said Legkodymov was arrested in Miami on Tuesday on charges that he run the exchange as an unregistered money-transmitting business

Young people have always perplexed their elders. Today’s youngsters are no different; indeed, they are baffling. They have thin wallets and expensive tastes. They prize convenience and a social conscience. They want their shopping to be at once seamless and personal. They crave authenticity while being constantly immersed in an ersatz digital world. As these