Nov 9, 2017

Growth in health care prices hovers at two-year low

Prices of health care services are growing at a slow rate. Photo: David Goldman / AP

The prices of hospital procedures, drugs and other health care services increased just 1.1% from September 2016 to September 2017, according to the latest data from the Altarum Center for Sustainable Health Spending. That's the lowest annual price growth rate since December 2015, when it was at a historically low 0.9%.

Be smart: Slow price growth on very high health care prices still equals very high health care prices.

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  3. Federal government latest: Acting Navy secretary resigns over handling of virus-infected ship — Trump removes watchdog overseeing rollout of $2 trillion coronavirus bill.
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  7. 1 Olympics thing: About 6,500 athletes who qualified for the Tokyo Games will keep their spots in 2021.
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Airline industry braces for a forever-changed world

Illustration: Sarah Grillo/Axios

The airline industry got a $58 billion lifeline in the coronavirus federal aid package. But the path is unclear for these companies, whose operations and prospects will be forever changed by the global pandemic.

Why it matters: People may want to minimize travel for the foreseeable future. Investors, analysts and industry watchers are trying to determine how much airlines will need to spend — and how much more in lost revenue they'll see — while they adapt to the new reality.

Trump denies seeing Navarro memos warning about toll of coronavirus

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Why it matters: Trump insisted that despite not seeing the memos, he did "more or less" what Navarro suggested by banning non-U.S. citizens from traveling from China effective Feb. 2.