Articles

Health spending to gobble up more of U.S. economy

Payments for hospitals, doctors, drugs and insurance will rise by about 5.8 percent a year through 2024—1.1 percentage points faster than overall economic growth, actuaries at the Centers for Medicare and Medicaid Services said Tuesday in an annual study.

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Simon Breaking

Simon sees jump in cash flow, sunny skies ahead

Simon Property Group Inc., the largest U.S. mall owner, on Friday reported a 22-percent jump in second-quarter funds from operations and increased its full-year forecast as rising employment helps lure shoppers.

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McDonald’s localizes menus with pulled pork, bacon McMuffins

The world’s biggest restaurant chain, hoping to appeal to wider swaths of Americans, is working to offer more locally relevant fare, such as pulled-pork sandwiches in Indiana, bacon and white-cheddar Egg McMuffins in Chicago and cranberry-orange muffins in the Midwest.

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