Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Wed, Feb 05, 2025 05:53 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

Simon F. Haeder

Assistant Professor of Political Science, West Virginia University

Simon F. Haeder is an Assistant Professor in the Department of Political Science in the John D. Rockefeller IV School of Policy & Politics at West Virginia University. His teaching and research interests include the public policymaking process, regulatory politics, lobbying and interest group politics, and healthcare policy.

His most recent work has focused on such issues as the implementation of the Affordable Care Act, provider directories, and regulatory policymaking at the Office of Management and Budget. This work been published in the American Political Science Review, Health Affairs, the Journal of the American Medical Association, and the Journal of Health Politics, Policy and Law.

Response to CEO killing reveals antipathy toward health insurers − but entire patchwork system is to blame for ill feeling

Dec 16, 2024 05:01 am UTC| Insights & Views Life

The U.S. health care system leaves much to be desired. It is convoluted, fragmented, complex and confusing. Experts have also raised concerns about quality, and disparities are rampant. And, of course, it is excessively...

Biden administration’s negotiated price cuts for 10 common prescription drugs likely to save Medicare billions, beginning in 2026

Aug 20, 2024 05:26 am UTC| Business

The Biden administration announced on Aug. 16, 2024, the reduced prices of the first 10 drugs it has negotiated with pharmaceutical companies over their Medicare prices. Provisions authorizing these negotiations were...

Medicare starts a long road to cutting prices for drugs, starting with 10 costing it $50.5 billion annually – a health policy analyst explains why negotiations are promising but will take years

Sep 01, 2023 01:43 am UTC| Economy

The Biden administration released on Aug. 29, 2023, a list of the first 10 drugs that will be up for negotiations with pharmaceutical companies over their Medicare prices. The drugs are purchased through Medicare Part...

US under Trump Series

What the Trump budget says about the administration's health priorities

Feb 25, 2020 13:05 pm UTC| Insights & Views Politics

The Trump administration recently released its budget blueprint for the 2021 fiscal year, the first steps in the complex budgetary process. The final budget will reflect the input of Congress, including the Democratic...

Heading into Iowa: Where do the Democratic candidates stand on health care coverage?

Jan 18, 2020 12:11 pm UTC| Insights & Views Politics

As Democratic presidential hopefuls gather in Iowa for the seventh debate, Iran and foreign policy will likely play a central role. But health care will remain the most important topic of debate for many Americans. No...

Universal coverage, single-payer, 'Medicare for All': What does it all mean for you?

Jan 08, 2020 11:59 am UTC| Politics

Collectively, health care is our biggest industry. And, health care has long been one of the most politically contested issues. Partisan wrangling over health reform has perhaps been the most acrimonious issue in Americans...

As rural Americans struggle for health care access, insurers may be making things worse

Dec 16, 2019 13:38 pm UTC| Insights & Views Health

Living in rural America certainly comes with a number of benefits. There is less crime, access to the outdoors, and lower costs of living. Yet, not everything is rosy outside the city limits. Rural communities face...

1 2

Economy

Trump's Bold Moves: A New Era in U.S. Foreign Policy

Trumps Bold Moves: A New Era in U.S. Foreign Policy Overview of Trumps Speech and Iran Policy On February 4, 2025, President Donald Trump delivered an important speech after signing some executive orders in the Oval...

China’s Markets Reopen Amid U.S. Trade Tensions and AI Boom

SHANGHAI/HONG KONG (Reuters) Chinas stock markets reopen after the Lunar New Year break, facing renewed trade tensions with the U.S. and major developments in artificial intelligence. Investors are closely monitoring...

Stocks Rally as Earnings Offset US-China Trade War Fears

The SP 500 closed higher Tuesday as investors balanced strong earnings with rising US-China trade tensions. The Dow gained 142 points (0.3%), the SP 500 climbed 0.72%, and the Nasdaq surged 262 points (1.4%). President...

China Hits Back with New Tariffs on U.S. Goods After Trump’s 10% Levy

Chinas finance ministry announced fresh tariffs on U.S. products on Tuesday, responding swiftly to a 10% tariff imposed by President Donald Trump on Chinese imports. The U.S. tariff, which took effect at 0501 GMT, marks...

Trade Truce: Trump Pauses Tariffs as North America Strengthens Borders

+9 Tariff Suspension and Trade Agreements President Donald Trump announced a 30-day tariff halt on imports from Mexico and Canada after successful negotiations. The Mexican president, Claudia Sheinbaum, agreed to...

Politics

Pam Bondi Confirmed as U.S. Attorney General in GOP-Led Senate Vote

The U.S. Senate confirmed Pam Bondi as attorney general in a 54-46 vote, solidifying President Donald Trumps influence over the Justice Department. Bondi, a former Florida attorney general and longtime Trump ally, secured...

JD Vance to Attend AI Summit in Paris Amid U.S.-China Tech Competition

U.S. Vice President JD Vance is set to attend the Artificial Intelligence (AI) Action (WA:ACT) Summit in Paris next week, according to a French diplomatic source. The visit comes as global competition in AI intensifies,...

Elon Musk’s Team Gains Access to U.S. Treasury Payment System, Sparking Protests

The U.S. Treasury confirmed that Elon Musks government-efficiency team has been granted read-only access to its payment system codes but denied any disruption to government payments, including Social Security and Medicare....

Hamas Open to Talks with Trump Administration Amid Gaza Tensions

The Palestinian Hamas movement has expressed willingness to engage in dialogue with the administration of former U.S. President Donald Trump, according to a senior Hamas official cited by Russias RIA news agency. Mousa Abu...

Trump Proposes U.S. Takeover of Gaza, Sparking Global Backlash

President Donald Trump announced a controversial plan to take over the war-torn Gaza Strip, promising economic development after Palestinians are permanently resettled elsewhere. Speaking at a joint press conference with...

Science

South African telescope discovers a giant galaxy that’s 32 times bigger than Earth’s

Inkathazos glowing plasma jets are shown in red and yellow. The starlight from other surrounding galaxies can be seen in the background. K.K.L Charlton (UCT), MeerKAT, HSC, CARTA, IDIA, CC BY You may not know it, but right...

It’s science, not fiction: high-tech drones may soon be fighting bushfires in Australia

Picture this. Its a summer evening in Australia. A dry lightning storm is about to sweep across remote, tinder-dry bushland. The next day is forecast to be hot and windy. A lightning strike tonight could spark a fire that...

Earth is bombarded with rocks from space – but who gets to keep these ultimate antiques?

Every day, about 48.5 tonnes of space rock hurtle towards Earth. Meteorites that fall into the ocean are never recovered. But the ones that crash on land can spark debates about legal ownership. Globally, meteorite hunting...

Most of us trust scientists, shows a survey of nearly 72,000 people worldwide

Public trust in scientists is vital. It can help us with personal decisions on matters like health and provide evidence-based policymaking to assist governments with crises such as the COVID pandemic or climate change. In...

Astronauts on NASA’s Artemis mission to the Moon will need better boots − here’s why

The U.S.s return to the Moon with NASAs Artemis program will not be a mere stroll in the park. Instead it will be a perilous journey to a lunar location representing one of the most extreme environments in the solar...

Technology

Honda-Nissan Merger Talks May Be Canceled, Boosting Stock Prices

Honda Motor Co. (TYO:7267) and Nissan Motor Co. (TYO:7201) shares surged on Wednesday after reports suggested they may abandon merger plans. Hondas stock rose 2.9%, while Nissan gained 4.3%. Toyota Motor Corp. (TYO:7203)...

Hong Kong Tech Stocks Rally on AI Optimism Despite U.S. Tariffs

Hong Kong-listed Chinese technology stocks surged as optimism over artificial intelligence (AI) advancements from companies like DeepSeek and Alibaba (NYSE:BABA) overshadowed concerns about new U.S. tariffs. DeepSeeks...

Trump Highlights Strong Interest in TikTok Amid Uncertain Future

Trump Highlights Strong Interest in TikTok Amid Uncertain Future Former U.S. President Donald Trump stated on Monday that there is significant interest in TikTok as his administration works to facilitate the sale of the...

Apple Criticizes EU Porn App, Citing Consumer Trust Concerns

Apple (NASDAQ:AAPL) has voiced strong opposition to a pornography app available on iPhones in the European Union, blaming the blocs Digital Markets Act (DMA) for eroding consumer confidence. The app, Hot Tub, is...

Xiaomi Stock Rises as Morgan Stanley Raises Price Target on EV and AIoT Growth

Morgan Stanley (NYSE:MS) has boosted its price target for Xiaomi (OTC:XIACF) Corp (HK:1810) to HK$45 from HK$35, maintaining an Overweight rating, citing strong growth in electric vehicles (EVs) and AIoT. Analysts...