Why Americans Spend So Much on Health Care—In 12 Charts

The U.S. spends more per capita on health care than any other developed nation. It will soon spend close to 20% of its GDP on health—significantly more than the percentage spent by major Organization for Economic Cooperation and Development nations. What is driving costs so high? As this series of charts shows, Americans aren’t buying…

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Procter & Gamble Reports Slightly Higher Sales, Drop in Prices

Procter & Gamble Co. said it was raising prices on some of its biggest brands, a strategy shift after the consumer-products giant reported another quarter of lackluster revenue growth. After more than a year of trying to combat weak demand with lower prices on staples like Tide detergent and Gillette razors, executives said Tuesday the…

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Zelle Struggles to Prove It’s Not Just Another Payments App

Zelle, the money-transfer service owned by the largest U.S. banks, says it “changes the way money moves.” But it has struggled to distinguish itself from competitors it’s trying to fend off. Since Zelle’s launch in June 2017, bank executives have touted the speed, security, convenience and breadth of its network, part of their campaign to…

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Young People Don’t Want Construction Jobs. That’s a Problem for the Housing Market.

The construction business is having trouble attracting young job seekers. The share of workers in the sector who are 24 years old or younger has declined in 48 states since the last housing boom in 2005, according to an analysis of U.S. Census data by Issi Romem, chief economist at construction data firm BuildZoom. Nationally,…

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North Korea Expands Facilities at Missile Site

SEOUL—North Korea has constructed two new buildings at a missile facility in the northern suburbs of Pyongyang and appears to be actively continuing production there, according to an analysis of newly available commercial satellite imagery, the latest sign of continued progress in the country’s nuclear and missile program. The satellite imagery, which was captured on…

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