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Tag: cost

Immigrants cost the health care system less than US-born Americans: Study

Immigrants cost the health care system less than US-born Americans: Study

Health
Slightly over half of Americans — 52 percent — believe that immigrants are a financial burden on the U.S. healthcare system, and two thirds believe that undocumented immigrants should not be eligible for social services provided by state and local governments. A study published Thursday in the International Journal of Health Services finds that immigrants actually use far less healthcare resources than non-immigrants, and may actually subsidize the health care of U.S. citizens. Researchers at Harvard Medical School and Tufts University assessed all peer-reviewed studies since 2000 related to healthcare costs by immigrants in the United States. The authors found that across all age groups, immigrants’ overall healthcare costs were one-half to two-thirds those of people ...
The retirement mistake that could cost you $100,000 or more

The retirement mistake that could cost you $100,000 or more

Finance
Planning young: a retirement roadmap Most Americans rely on mutual funds or exchange-traded funds (ETFs) for at least a portion of their retirement investments. If you have a 401(k), for example, the funds in your account are generally invested in a selection of mutual fund products offered by your plan. While mutual fund and ETF investing is a very hands-off way to invest, that doesn't mean mistakes can't be made. One potentially costly mistake is ignoring the fees charged by your investment funds or, worse, choosing higher-fee options because you think they'll generate higher returns. A quick overview of mutual fund and ETF fees There are two main types of expenses that fund investors may have to pay. The first is known as a sales load, which is essentially a commiss...
House prices: The areas where homes never cost £1m or more

House prices: The areas where homes never cost £1m or more

Business
Tens of thousands of £1m-plus homes have been sold in the last 10 years - but in 16 areas of England and Wales no property topped the £1m mark.While one-bedroom flats can sell for millions in London, the most luxurious properties in areas from Gateshead to Gloucester cost less than £1m.A delve into Land Registry data by the BBC in May revealed that sales of £1m-plus homes hit a new high last year.Fresh research shows where property has not collected a seven-figure sum. 'We have people retiring to here'Stoke-on-Trent is famously a capital of ceramics but it is not the pottery, but the property, that is attracting some people here.In the window of estate agent Reeds Rains ar...
More delay, cost for NASA's next-generation space telescope

More delay, cost for NASA's next-generation space telescope

Technology
NASA's next-generation space telescope has been delayed yet again at a staggering cost of $ 1 million a day. For the third time in less than a year, the space agency announced a lengthy postponement Wednesday for the James Webb Space Telescope . The observatory will now fly no earlier than 2021; until last fall, it was on the books for a 2018 launch. The telescope's overall cost is now expected to reach nearly $ 10 billion. Development cost alone will exceed the $ 8 billion cap set by Congress by more than $ 800 million, and require reauthorization. An independent review board cites worker error and embedded hardware problems for much of the escalating costs and delays. In a vibration test of the telescope earlier this year in California by prime contractor Northrop Grumman, dozens of lo...
Cost of some US goods to rise by 25% on Friday

Cost of some US goods to rise by 25% on Friday

Business
The EU has said its retaliatory tariffs on US goods will kick-in from Friday - six weeks after America slapped import duties on the bloc's steel and aluminium products. Officials in Brussels, spearheading the member states' response, said the list of US imports that will now face an extra duty at the EU border includes steel and aluminium products, agricultural goods and a variety of other products.Duties of 25% will be applied to the raft of US goods worth €2.8bn - including bourbon, make-up and motorbikes - from 22 June.The move has the potential to make many items commonly sold on supermarket shelves - like long grain rice, cranberry juice, orange juice and sweetcorn - jump in price.There is also a notable addition at the end of the long list of products - a 10% ta...