HOSPITAL INSURANCE TRUST FUND
This trust fund is part A of Medicare, the United States' health insurance program for people age 65 and older and certain disabled persons. This trust fund is financed through payroll taxes derived from current workers and employers. It is overseen by a board of trustees that reports yearly to congress about its financial status. It has been projected to become insolvent a number of times throughout the years, due to legislative changes, and is currently projected to become insolvent in the year 2017.
POPULAR TERMS
Lobby
Act of attempting to exert an influence (i.e. lobbying); a group of like-minded people that attempts to influence an authoritative body in their fa ...
Douglas Amendment
Amendment to the Bank Holding Act of 1956, preventing banks from acquiring banks throughout various states. But a bank can seek exception to the ru ...
Lilly Ledbetter Fair Pay Act
A law signed by the US Congress, which restored worker protections against pay discrimination. Signed under the Obama administration on January 29, ...
Generation-Skipping Trust
Legally binding trust agreement passing the contributed assets to the grantor’s grandchildren, not his children, upon the grantor’s dea ...
Net Change
Net change is the difference between the closing price of a security on one trading day and the closing price of the previous day. It may either be ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Ethical Investing: Activism and Advocacy of Shareholders
Activist investors are not contented with just purchasing stocks and supporting its actions or decisions. They want to change the norms of targeted ...
The Concepts of Economics: Scarcity
To fully grasp the essence of what economics is, we must first understand the concept of scarcity along with the branches of study under economics ...
A Primer on Retirement Planning
Every person dreams of enjoying their lives once they reach their golden years. Most people desire living in a house with a beach front view or a m ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
Featured Investment: The American Depository Receipt
Investments are what trading is all about. And knowing about the various available investment options and how to trade them is one of the keys to a ...
ECONOMIC CALENDAR
Time | Country | Indices | Period |
---|---|---|---|
02:30 | PMI Manufacturing | Dec | |
10:00 | KOF Economic Barometer | Dec | |
10:00 | CPI | Dec | |
16:45 | Chicago Purchasing Managers Index | Dec | |
17:00 | Pending Home Sales | Nov | |
03:30 | PMI Manufacturing | Dec | |
03:30 | Non-Manufacturing PMI | Dec | |
16:00 | House Price Index | Oct | |
03:45 | Markit Final Manufacturing PMI | Dec |