Fed ‘may have gone too far’ with rapid interest rate increases, expert says
By
Kathleen Steele Gaivin
Jun 14, 2023
A risk exists that the Federal Reserve “may have gone too far” with rapid interest rate increases over the past 14 months or so “and won’t know until they’ve gone farther,” Mary Ludgin, senior...
April’s jobless rate ties January’s record low at 3.4%
By
Kathleen Steele Gaivin
May 09, 2023
After a slight bump in March, the nation’s jobless rate slipped to 3.4%, tying it with January’s record low. That’s the lowest jobless level in 54 years.
Stretchable skin could give caregiving robots a more human touch
By
John O'Connor
May 06, 2024
Newly developed stretchable electronic skin might soon give robots and other devices the same softness and touch sensitivity as human skin.
Biden looks to boost supply chain for vaccines and other medicines
By
Kathleen Steele Gaivin
Nov 29, 2023
President Biden on Monday said he plans to use the Defense Production Act to make more “essential medicines” in America in an effort to mitigate drug shortages and curb inflation.
Business briefs, May 3
By
Kathleen Steele Gaivin
May 03, 2024
FTC, DOJ and HHS extend to June 5 comment period on cross-government inquiry into private equity in healthcare … Ventas plans to expand senior living footprint , building on ‘unprecedented’ growth...
1031 Crowdfunding launches Covenant Senior Housing REIT with $51.3M in assets
By
Kathleen Steele Gaivin
Nov 14, 2023
1031 Crowdfunding has launched its first private real estate investment trust, Covenant Senior Housing REIT Inc., or CSHREIT, the company announced Thursday.
Pandemic challenges raise concerns about assisted living’s ability to care for cognitively impaired...
By
Kimberly Bonvissuto
Aug 15, 2024
Exacerbated challenges faced by memory care assisted living communities during the COVID-19 pandemic may have contributed to the increased use of antipsychotics and antidepressants, raising concerns about...
Genworth launches first LTC insurance plan in 5 years as Washington state residents consider ‘crazy’...
By
Kathleen Steele Gaivin
Jul 12, 2024
The one-year anniversary of the effective date of Washington’s first-in-the nation mandatory, tax-based long-term care insurance program passed on July 1, but voters will have the opportunity to...
Americans are facing a “new retirement reality” brought on by economic challenges such as inflation, market volatility, financial crises and fears of bank failures, according to a recently released...
On Election Day, policies, relationships, leadership are long-term care’s ‘dogs in the fight’
By
Kimberly Bonvissuto
Nov 08, 2022
As the midterm elections play out across the nation today, LeadingAge President and CEO Katie Smith Sloan said that providers’ “dogs in the fight” are policies, relationships and leadership in Congress.