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Transcripts For BLOOMBERG Whatd You Miss 20240712

Fed vice chair Randy Quarles talking about the stress test next week, seeing dividends might be influenced by the pandemic. He thinks most banks will be allowed to retain the dividends, and particularly with wells morgan believe, and stanley, highlighting concerns about financials recently. So the underperformance today caught my attention. Caroline we get even more insight on underperformance, and what led to the selloff at the end. The northwestern wealth chief manage he chief strategy manager is with us. We were lower earlier and then i got a message from a key r on the bloomberg squawked talking about how the vice chair of the Federal Reserve was saying, there is no limit to fed treasury buying. That seemed to give the stock market a little more support toward the close. Is the fed still the be all and end all, is liquidity still the beall and endall in this market and ca ....

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The medical debt shuffle: Allina sells overdue bills to itself to sue patients

Derek Seman had no idea he owed $1,067.88 to Allina Health for cardiac tests, or that the debt was sold to a collector called Accounts Receivable Services. Then a summons arrived in the mail last month. This mysterious company wasn't going to be patient. "I didn't even know they could take you to court for medical debt," he said. Turns out, it was still Allina. The Minneapolis-based health . ....

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