US spends the most on health care but has the worst health outcomes among high-income countries, new report finds

CNN — The United States spends more on health care than any other high-income country, but still has the lowest life expectancy at birth and the highest percentage of people with multiple chronic diseases, according to a new report by The Commonwealth Fund, an independent research group . The report, released Tuesday, also said that … Read more

Women, older people and those with lower incomes are more likely to use sleep medications, study finds, despite potential health harms

CNN — Millions of Americans say they regularly turn to medication to help them fall asleep or stay asleep, a practice that experts say can be dangerous to their health. A new study found that roughly 8 percent of U.S. adults report taking sleep medication every day or most days, with use more common among … Read more

Women, older people and those with lower incomes are more likely to use sleep medications, study finds, despite potential health harms

CNN — Millions of Americans say they regularly turn to medication to help them fall asleep or stay asleep, a practice that experts say can be dangerous to their health. A new study found that roughly 8 percent of U.S. adults report taking sleep medication every day or most days, with use more common among … Read more

The layoffs in Silicon Valley are going from bad to worse

CNN — Shortly before Thanksgiving, Amazon CEO Andy Jassy confirmed rumors that layoffs had begun at multiple departments at the e-commerce giant and said he would review staffing needs in the new year. On Wednesday, Jassy provided a sobering update to that review: Amazon is cutting more than 18,000 jobs, nearly double the 10,000 that … Read more

Working full-time doesn’t always make it easy to get workplace health insurance

CNN — Millions of Americans have signed up for health insurance with their companies in recent weeks. But for some full-time workers, especially in certain industries like construction, work-based coverage is not an option for them. This divide was even more evident as the labor market bounced back to life in 2021 after sharp losses … Read more

Meta to lay off 11,000 employees as Zuckerberg says ‘responsible for missteps’

new York CNN Business — Facebook’s parent company Meta said Wednesday it is cutting 11,000 jobs, marking the biggest job cuts in the tech giant’s history. The job cuts come as Meta faces a number of challenges to its core business and makes an uncertain and expensive bet to pivot to the meta universe. It … Read more

Barriers to black entrepreneurship widen the wealth gap

One of the best ways to build wealth in the United States is to own your own business. But only 2 percent of businesses with employees are black-owned, according to a report by the Alliance for Entrepreneurial Equity. And this played a big role in the expansion of racial wealth gap in USA. Black households, … Read more

Cryptocurrency has been touted as the key to building black wealth. But critics say the investment is too high a risk.

CNN — Samson Williams was working in the mortgage lending industry in 2014 when a colleague convinced him to invest in cryptocurrency. Williams didn’t know much about cryptocurrency at the time, but decided to invest just over $200 to see where it would take him. “Nobody knew what it was,” Williams said. “But it would … Read more