National business and financial news from NewsOK

  • Varying health premium subsidies worry consumers

    Updated: 13 hr ago

    MIAMI (AP) — Linda Close was grateful to learn she qualified for a sizable subsidy to help pay for her health insurance under the new federal law. But in the process of signing up for a plan, Close said her account showed several different subsidy amounts, varying as much as...

  • Regulators consider acting against S&P over ratings

    Published: Wed, Jul 23, 2014

    Standard & Poor’s said Wednesday the Securities and Exchange Commission has told the rating agency they are considering taking civil enforcement action over ratings S&P gave to six deals in 2011 involving securities tied to commercial mortgages.

  • Study says bachelor's not needed for medical careers

    By Catherine Sweeney, Business Writer | Published: Wed, Jul 23, 2014

    Bachelor’s degrees aren’t necessarily vital to successful medical careers, according to a national study by the Brookings Institute.

  • Customer protection ideas against identity theft

    Published: Wed, Jul 23, 2014

    People aren’t likely to stop using their credit and debit cards any time soon, and as data breaches become increasingly common, consumers don’t often know what to do when a company they’ve done business with experiences a breach.

  • World events prompt buying in commodities markets

    Published: Sun, Jul 20, 2014

    The death of nearly 300 people on a Malaysia Airlines flight caused a sell-off in stocks and sent buyers to commodities that could be affected by the incident.

  • Health care industry investments can create healthy portfolio

    Published: Sun, Jul 20, 2014

    Berko says Obamacare will boost issues in the health care sector.

  • Smart Moves: Horizontal vs. vertical living

    by Ellen James Martin | Updated: Fri, Jul 18, 2014

    Homebuyers should carefully evaluate their current and future needs when deciding how many floors they need in a home, as what works for a young couple may prove troublesome for older people.

  • Average U.S. mortgage rates dip slightly

    By MARTIN CRUTSINGER, AP Economics Writer, AP Economics Writer | Published: Fri, Jul 18, 2014

    Mortgage company Freddie Mac reported Thursday that the nationwide average for a 30-year loan dropped to 4.13 percent, down from 4.15 percent last week.

  • FedEx charged with assisting illegal pharmacies

    By PAUL ELIAS, Associated Press | Published: Thu, Jul 17, 2014

    The Memphis, Tenn.-based delivery company FedEx is accused of shipping the powerful sleeping aid Ambien, anti-anxiety medications Valium and Xanax, and other controlled drugs to customers who had no legitimate medical need and lacked valid prescriptions.

  • Senate Republicans block effort to reverse Hobby Lobby decision

    By Chris Casteel, Washington Bureau | Published: Wed, Jul 16, 2014

    Democrats fall just short of necessary votes to advance legislation aimed at requiring for-profit companies to comply with birth control mandate in Affordable Care Act.

  • Nordstrom ads feature models with disabilities

    By BETH J. HARPAZ, Associated Press | Published: Wed, Jul 16, 2014

    It’s not easy to find models with disabilities in ads for the fashion and beauty industry — unless you look in the Nordstrom catalog.

  • Equal Employment Opportunity Commission updates 30-year-old protections against discrimination of pregnant workers

    By TOM RAUM, Associated Press | Published: Wed, Jul 16, 2014

    Agency toughens protections for pregnant workers in effort to combat workplace discrimination or harassment.

  • U.S. House votes to extend Internet tax moratorium

    By STEPHEN OHLEMACHER, Associated Press | Published: Wed, Jul 16, 2014

    Under current law, the moratorium expires Nov. 1, exposing Internet users to the same kind of connection fees that often show up on telephone bills.

  • Labor market still needs support, Federal Reserve chairwoman says

    By MARTIN CRUTSINGER, Associated Press | Published: Wed, Jul 16, 2014

    U.S. economic recovery isn’t complete and extra caution is warranted, Federal Reserve Chair Janet Yellen said Tuesday while addressing the Senate Banking Committee delivering the Fed’s semi-annual economic report to Congress.

  • U.S. companies look overseas for tax relief

    By TOM MURPHY, Associated Press | Published: Tue, Jul 15, 2014

    These tax-lowering overseas deals, combining operations with foreign businesses have raised concerns among some U.S. lawmakers over the potential for lost tax revenue.

  • Citigroup to pay $7 billion in mortgage settlement

    By ERIC TUCKER, Associated Press | Published: Mon, Jul 14, 2014

    Citigroup has agreed to pay $7 billion to settle a federal investigation into its handling of risky subprime mortgages, admitting to a pattern of deception that Attorney General Eric Holder said “shattered lives” and contributed to the worst financial crisis in decades, the Justice Department...

  • Eagle & Beagle for Sunday, July 13, 2014

    By Don Mecoy, Business Editor | Published: Sun, Jul 13, 2014

    Don Mecoy: A weekly look at Oklahoma companies’ high-performing (eagle) and low-performing (beagle) stocks.

  • Taking Stock: Ask right questions if investing in annuities

    Published: Sun, Jul 13, 2014

    Malcolm Berko: Annuities and guaranteed minimum income benefit are explained. It’s important to ask the correct questions about what is in an annuity.

  • Social Security Q&A: What is Supplemental Security Income?

    Updated: Fri, Jul 11, 2014

    Inheritance could affect SSI eligibility

  • Street Smart: To become an investor, think just like an owner

    By Ian Ogilvie, For The Oklahoman | Published: Sun, Jul 13, 2014

    Ian Ogilvie: Stocks outperform most other investments over time, although consumers’ opinions vary widely about that.

  • World Cup defeat can hurt domestic stock market

    By PAN PYLAS, Associated Press | Published: Sun, Jul 13, 2014

    Argentina and Germany face off in the World Cup final Sunday, and investors in both countries will do well to be alert to potential drops on their stock markets the day after in case of defeat.

  • Does Oklahoma City commercial property really need an asterisk?

    BY RICHARD MIZE, Real Estate Editor | Published: Sat, Jul 12, 2014

    Foreign capital spilling out of gateway cities to lower-tier real estate markets? Does that include Oklahoma City? Should it?

  • Economists lower forecasts for U.S. growth

    By CHRISTOPHER S. RUGABER, Associated Press | Published: Sat, Jul 12, 2014

    U.S. business economists have sharply cut their growth forecasts for the April-June quarter and 2014, though they remain optimistic that the economy will rebound from a dismal first quarter.

  • Internet-controlled home, office devices could waste billions in energy

    By Adam Wilmoth, Energy Editor | Updated: Fri, Jul 11, 2014

    With “smart,” Internet-controlled devices, we can now use our phones to remotely control our stereos, televisions, thermostats, door locks, alarm systems, garage doors and even the lights throughout our homes. But a recent study from the International Energy Agency found the world’s 14...

  • U.S. students show average financial know-how in study

    By JENNIFER C. KERR, Associated Press | Published: Thu, Jul 10, 2014

    The United States runs in the middle of the pack when it comes to the financial knowledge and skills of 15-year-olds, according to an international study released by the Paris-based Organization for Economic Cooperation and Development.