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BC-Money & Markets Extra Digest

July 5, 2018

For the week ending Saturday, July 7, 2018

MONEY MATTERS-AIR AMBULANCE BILLS

Helicopter “air ambulances” transport around 400,000 patients annually, and their expense is spiraling. Patients have little control over the decision to call for them, and can be stuck paying most of the bill if the chopper that comes isn’t in network.

THE WEEK IN REVIEW

China says it’s “fully prepared” for a trade war with the United States; Long-term mortgage rates fall; America’s oldest nuclear power plant to shut down

QUICK FIX

How to refresh your home without the expense of a full renovation.

WIRELESS & CASHLESS

The emoji-embellished social payment service Venmo is getting physical, offering account holders a debit card.

SMALL BUSINESS MONITOR

What to do if a top employee says they want to leave for another job.

CENTERPIECE

China’s investment in US plunges

Chinese investment into the United States was plunging even before President Donald Trump threatened to impose curbs on technology-related acquisitions.

MARKET PULSE

Barnes & Noble CEO ousted; Boeing and Embraer join forces to build regional jets; PC maker Dell returns to Wall Street

OF MUTUAL INTEREST-ARTIFICIAL INTELLIGENCE FUNDS

Sam Masucci, CEO of ETF Managers Group, discusses his firm’s latest fund, which leaves research and investment decisions in the hands of a computer, and explains why such an approach might prove to be better at generating investment returns than a flesh-and-blood fund manager.

INSIDER Q&A-ELLEVEST’S SALLIE KRAWCHECK

Wall Street veteran Sallie Krawcheck talks to The Associated Press about why she started Ellevest and how traditional financial advisers fail to meet the needs of women.

$1,000 DERBY

If you invested $1,000 at the start of this year in various types of stocks, bonds and commodities, how much would you have now?

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