The following is a rundown of the day’s news drawn from other media sources with topics curated just for Money and Markets readers: the Obamacare debacle, personal safety and feedom, world news, business and more!
Obamacare
52 Million Americans Have Lost or Will Lose Health Insurance
Even as President Obama sold a new health-care law, in part, by assuring Americans they would be able to keep their plans, his administration knew that tens of millions of people could lose those policies.
GOP on Obamacare Rollout: “This is What Betrayal Looks Like”
Veteran Maryland Democratic Sen. Barbara Mikulski warned that the problems with the health-care law’s website and the stories of people losing their insurance due to the new law’s minimum coverage standards have created a “crisis of confidence.”
In North Dakota, 30 People Sign Up for Obamacare and 35,000 Lose Health Insurance
Three insurance companies are doing business in the marketplace: Blue Cross Blue Shield, Medica and Sanford. Those companies say more than 35,000 people are, or will be, losing their existing health insurance because of Obamacare.
Con Men Prey on Confusion Over Health-Care Act
“The scammers are deploying traditional Medicare cons but wrapping them in the Affordable Care Act,” said James Quiggle of Coalition Against Insurance Fraud, a Washington-based nonprofit.
What Went Wrong With HealthCare.gov
Take a detailed look at the consumer’s route through the HealthCare.gov web site and the potential failure points.
Business and technology
To Grow, Twitter Looks Outside its Own Walls
Twitter is counting on millions of websites to link to the service and encouraging legions of independent developers to find creative new uses for its platform, driving up activity and the number of advertisements that Twitter users see.
Google Admits the Human Brain Still Beats an Algorithm
It was a good reminder that even with the overwhelming nature of the information economy and long past Garry Kasparov’s waving of the white flag against IBM’s chess-playing grandmaster machines, human ingenuity still has a role to play.
Venezuela Arrests Looters, Store Bosses in ‘Economic War’
Instead of taking advantage of new “fair prices” the government is imposing, thousands of Venezuelans have been left ashamed, fueling criticism that Maduro is stirring chaos rather than defending the poor.
Big Data’s Little Brother
By analyzing the photos of prices and the placement of everyday items and matching that to other data, a San Francisco company named Premise is building a real-time inflation index.
Investment Strategies for Volatile Markets
Although the approaches described here are not for all investors, they can be leveraged by the experienced trader.
World’s biggest storm
Typhoon Haiyan: Philippines Battles to Bring Storm Aid
Authorities in the Philippines are struggling to bring relief to some of the areas most affected by Typhoon Haiyan, one of the deadliest storms to hit the country.
Typhoon Deaths Climb Into Thousands in Philippines
Corpses hung from trees, were scattered on sidewalks and buried in flattened buildings — some of the 10,000 people believed killed in one Philippine city alone by ferocious Typhoon Haiyan that washed away homes and buildings with powerful winds and giant waves.
Filipino Government Considers Martial Law to Combat Looting
Dazed survivors walked the streets ‘like zombies looking for food’ while looters ransacked shops and mobs attacked aid trucks loaded with food, tents and water.
Personal safety and freedom
Obama’s Portable Zone of Secrecy (Some Assembly Required)
When President Obama travels abroad, his staff packs briefing books, gifts for foreign leaders and something more closely associated with camping than diplomacy: a tent.
Two Killed, 22 Hurt in Shooting at ‘Massive’ Houston House Party
Promoting the party on social media likely invited strangers to the home. Social media “caused part of the problem we’re dealing with,” but said social media could also help find the suspects.
Mexican Plane Downed in Venezuela ‘Had Cocaine’
Venezuela does not produce cocaine, but drug traffickers — including members of Mexico’s powerful crime syndicates — are increasingly using its territory to smuggle drugs into other nations.
One Killed, Several Injured in Paris Theatre Blast
About 100 firefighters and a dozen fire engines were deployed to the scene of the accident on Friday night, while Interior Minister Manuel Valls paid a brief visit to the theatre and spoke with the rescue workers.
European Jews Report Rise in Anti-Semitism
A poll of European Jews has found that more than three-quarters of those questioned believe anti-Semitism is on the rise in their home countries and close to one-third have considered emigrating because they don’t feel safe.
Best wishes,
The Money and Markets Team
