BizTechNews

Telemedicine goes more mainstream, but cost remains obstacle

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Virtual health care -— whether by phone, text or video — is rapidly becoming more common, but a new study says it’s being stymied because doctors and hospitals can’t afford to roll it out faster. The report, by telehealth provider Avizia and theModern Healthcare media group, also noted the most important thing that would drive more widespread adoption of telehealth is better patient outcomes. ...

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A restricted application Social Security tip for 132% higher benefit

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Q: The recent changes to Social Security have altered my retirement strategy. I am eligible for restricted application; I was born in 1952. But I am confused about how to maximize my wife’s and my benefits now. I will retire in May at 64. My wife is 60. She is retired. I want to maximize my benefit and wait till 70 to ...

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Jobs report could be key to Fed rate hike

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A jam-packed week of economic news features a jobs report that could tip the scales on whether the Federal Reserve raises interest rates at a mid-June meeting after standing pat since December. Also, look for reports on consumer confidence and spending, and surveys of the manufacturing and service sectors. On Tuesday, the Commerce Department releases data on personal income and ...

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5 crucial retirement years for your money

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Picture your first years in retirement and a lot of happy images probably come to mind: fun times with the grandkids, long-postponed travel and days free of deadlines and schedules. Sure enough, a recent survey found that roughly 90% of current retirees say they are enjoying life, and more than 80% say they have a strong sense of purpose. Before you completely ...

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Beer Man: Genesee Pilsner reflects true German style

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Beer Man is a weekly profile of beers from across the country and around the world. This week: Genesee Pilsner Genesee Brewing Co., Rochester, N.Y. http://geneseebeer.com/ Genesee has previously impressed me with itsDouble Bock and this example of another German style from the brewery is just as noteworthy. Looking over some of my past pilsner reviews, even some of the ...

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American flag sales bask in new glory

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MILWAUKEE — In the flag business, summertime is like Christmas. After Memorial Day weekend, there’s Flag Day (June 14) and the Fourth of July, which all give sales a healthy boost. Eder Flag Manufacturing Co. in Oak Creek says it’s having a banner year. Sales are up 15% from a year ago, partly from 2016 being a national election year and ...

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With oil near $50, what does the next OPEC meeting have in store?

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Rakesh Upadhyay The next OPEC meeting will act as little more than a forum for continued altercations between Saudi Arabia and Iran The June 2, 2016, meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with a new oil minister, ...

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How life insurers get your best-kept secrets

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Barbara Marquand Some of the things you might hide from friends are fair game to insurers when you apply for life insurance. And thanks to the streams of electronic data available today, life insurance companies can gather information on you faster than ever before. The prescription drugs you’ve taken, that DUI a few years back, a bankruptcy — all these ...

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Cut taxes in retirement with these moves

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Kelley Holland Big tax bills in retirement can put a damper on your golden years, even for those who were steady savers. Unfortunately, most people fail to plan for taxes, according to Ray Benton, a certified financial planner and investment advisor at Lincoln Financial Advisors. “They don’t have a clue,” he said. High tax costs in retirement can sharply increase ...

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Cities proposing taxes on sugary soft drinks

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Hadley Malcolm Some cities are singling out sugar-sweetened drinks for proposals to add taxes or warning labels, borrowing from the playbook used to largely stamp out smoking a generation ago. The war on sugary drinks is being conducted by cities hungry for new sources of revenue that also see themselves as combating the perceived health risk posed by too much sugar in Americans’ diets. While the moves ...

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