Cyprus is facing a run on its banks after the government proposed taxing bank deposits. The government has put off a vote on the plan in a bid to calm things down. Banks are set to re-open on Thursday after a bank holiday was declared on Monday.
Originally published on Mon March 18, 2013 2:28 pm
Wonder why you can't get a straight answer on how much a treatment or test will cost you? One big reason: State laws that allow hospitals and other providers of health care to keep costs hidden until they send you the bill.
A report card on price transparency released Monday gives 29 states an F and seven states a D for policies that keep patients and their families in the dark on prices. The failing grade went to those with practically no transparency requirements.
Is a strong U.S. dollar a good thing, or is it overrated as a policy goal?
Some argue that a policy aimed at keeping the dollar strong would hurt U.S. economic growth because it would make American goods and services more expensive, lessening global demand for them. Others say having a weak and unstable unit as the basis of the economy makes commerce harder and creates financial bubbles that then burst disastrously.