Financial Services

Czech central bank raises key interest rate to 0.25 percent

Aug 3, 2017

The Czech Republic's central bank has raised its key interest rate to 0.25 pct in the first rate rise since 2008

Malaysia central bank urged to reopen probe on indebted fund

Aug 3, 2017

Malaysian opposition lawmakers urge the central bank to reopen its investigation into indebted state investment fund 1MDB that is being probed in several countries for money laundering and implicating Prime Minister Najib Razak

Molina Healthcare to exit ACA exchanges in Utah, Wisconsin

Aug 2, 2017

Molina Healthcare Inc. said Wednesday it will exit the Affordable Care Act's insurance marketplaces in Utah and Wisconsin by the end of this year, citing costs that contributed to hefty losses for the health insurer in the second quarter

The Latest: Medicaid concern influenced McCain's health vote

Aug 2, 2017

Republican Sen. John McCain of Arizona says he cast the crucial vote that sunk his party's health bill last week because his state was _ in his words _ "about to get screwed."

Bipartisan drive to pay health insurers faces Senate hurdles

Aug 2, 2017

A bipartisan Senate effort to continue federal payments to insurers and avert a costly rattling of insurance markets faces a dicey future

Court complicates Trump's threat to cut 'Obamacare' funds

Aug 2, 2017

President Trump's bold threat to push 'Obamacare' into collapse may get harder to carry out after a new court ruling

India's central bank cuts key lending rate to 6 percent

Aug 2, 2017

India's central bank has cut its key interest rate by quarter of a percentage point, raising hopes of lower borrowing costs for households as inflation ebbs

The Latest: States get involved in health care court case

Aug 2, 2017

A federal appeals court in Washington has agreed to let a group of states get involved in a lawsuit over government payments to insurers as part of the Obama administration's health care law

Kanye West's touring company sues over concert insurance

Aug 2, 2017

A lawsuit filed Tuesday by representatives for Kanye West claims that insurers have failed to pay nearly $10 million for West's canceled Saint Pablo Tour last year

California health premiums to rise an average 12.5 percent

Aug 1, 2017

Covered California officials announced Tuesday that monthly premiums for people who buy insurance under President Barack Obama's health care law will rise by an average of 12.5 percent next year