Despite Dip, Mortgage Rates Move Above 5% For Many Americans – The average 30-year fixed mortgage rate has dipped to 4.57%, from 4.62% a week ago. Although rates have been inching upwards over the last few months, they are still near historic lows. The time series from the St. Louis Fed reminds us that rates were closer to 6% in 2005 and 8% in 2000.
Arbitration Beats Class Actions for Workers – Mandatory arbitration—especially when it is not binding—seems to yield more dollars for the plaintiff and very little money for the arbitrator. A good example is in the financial industry where awards are higher using arbitration. You get dispute resolution faster than if you were to “take a number” and wait in line for a court date and a final determination of damages by a judge. Our courts already have full dockets in most jurisdictions.
Restorative Justice Could Be the Key to Preventing Violence in Schools – And Bammel is not an anomaly. Over the past decade, many American schools have looked to restorative justice to help improve their disciplinary practices, an especially important move as educators continue to disproportionately suspend and expel students of color.
Bitcoin’s Low Volume Breakout Could Be a Bull Trap – The cryptocurrency broke through a key descending trendline (drawn through the May 6 high to the May 21 high) on Sunday, adding credence to last Tuesday’s bullish outside-day candle and signaling a short-term bearish-to-bullish trend change.
Buying A Foreclosure Property? Six Ways To Assess The Risk Versus Reward – As a real estate investor or potential homebuyer, it’s easy to see the appeal of a foreclosure sale. The property is likely priced well below market value in the interest of moving it, and the money you save on the purchase can be used to fix it up and eventually sell it for a huge profit.
Malpractice: The Perils of One-Way Communications – When a patient’s medical news and circumstances appear critical, everyone involved in the patient’s care should discuss the case and report their findings in order to formulate an appropriate treatment plan in a timely manner.
Supreme Court Upholds Workplace Arbitration Contracts – WASHINGTON — The Supreme Court on Monday ruled that companies can use arbitration clauses in employment contracts to prohibit workers from banding together to take legal action over workplace issues.
Family Offices Need Real Estate Due Diligence That’s Real – Direct investing by family offices in real estate is something that you hear about a lot. But the question that hardly ever comes up is, “Are we really investing in a solid real estate deal?”
US health-care spending to climb 5.3% in 2018 – United States health spending is projected to rise 5.3 percent in 2018, reflecting rising prices of medical goods and services and higher Medicaid costs, a U.S. government health agency said on Wednesday, an upward trend it forecasts for the next decade.
Bitcoin’s Price Surges Above $10,000 – But Investors Still Down $60 Billion in 2018 – After slipping below $6,000 nine days earlier, the price of Bitcoin briefly shot above $10,200 on Thursday.
Sports arbitration court upholds Olympic ban against 47 Russian athletes & coaches – The Ad hoc Division of the Court of Arbitration for Sport has rejected the appeals of the Russian athletes and coaches, stating that invitation to the Olympics lies within the competence of the International Olympic Committee.
Will Amazon Disrupt Health Care? – Amazon, JPMorgan Chase and Berkshire Hathaway recently announced they’re joining forces to tackle America’s expensive health care system. Health care is probably the most reliably growing piece of U.S. GDP — and until recently, a strong driver of inflation — but that could change as Amazon moves into that space. Scott Lanman of Bloomberg News speaks with Bloomberg reporter Spencer Soper and economist Laura Rosner of MacroPolicy Perspectives about Amazon’s history of disrupting industries, and whether or not our current health care system could go the way of bookstores.
Does Real Estate Belong In Your Investment Portfolio? – In the ideal world, the perfect investment is one that has a high rate of return year after year coupled with a low risk of losing money. Here in the real world, perfect investments don’t exist.
Castlight Health CEO warns Jeff Bezos that health tech is a ‘tough business’ – Castlight Health works with dozens of large employers, including Amazon, to help workers navigate their health benefits with its online tools.