Are the markets actually in a correction? Chuck Mikolajczak of Reuters surveys the numbers to find the answer. This market drop is especially scary for new investors. But as business writer Stan Choe illustrates, corrections are not that rare.  He takes a look at what’s behind this one. If you want to save money on health care, consider paying cash. It’s not always wise to use your insurance, as Donna Rosato explains for Consumer Reports.

S&P 500 Confirms Correction As Stocks Stumble On War Fears — The S&P 500’s (.SPX) 1% slump on Tuesday confirmed that the world’s most watched stock index was in a correction for the first time since the 2020 Wall Street plunge brought on by the COVID-19 pandemic. U.S. investors sold stocks amid growing fears of war between Russia and Ukraine, paring some losses after U.S. President Joe Biden announced a wave of sanctions against Russia. Read more…

A 10% Drop For Stocks Is Scary, But It’s Not That Rare — Such drops occur regularly, and market pros tend to see them as potentially healthy setbacks that can clear out unjustified market exuberance or excessive risk-taking. Here’s a look at what history shows about past corrections, and what market watchers are expecting going forward. Read more…

How Paying Your Doctor in Cash Could Save You Money — A growing number of medical services, from MRIs to blood work to outpatient surgery, could cost you less—sometimes a lot less—if you pay the provider out of your own pocket and leave your insurer out of the picture. Read more…

 

John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller

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