Despite what you might have heard, the foreclosure crisis is far from over. Economics correspondent Paul Solman talks to people in Florida who have lost their homes, and considers whether a wave of new foreclosures is on the horizon. Continue reading
Congress’ dysfunction isn’t limited to the struggle to keep a Cabinet department running without interruption. Continue reading
The longer you wait before cashing in on Social Security benefits, the greater the financial reward. But many don’t wait until age 70. There’s a range of loopholes and “secrets” that can improve your benefits, a fact economics correspondent Paul Solman discovered during a tennis game with friend and Social Security expert Larry Kotlikoff. Their new book, “Get What’s Yours,” shares that knowledge. Continue reading
Since their invention, people have found ways around paying those pesky taxes, including destroying their own homes. Continue reading
The parent company that owns retailers T.J. Maxx, Marshalls and HomeGoods announced on Wednesday a plan to raise their workers’ wages to $9 an hour in June, with an eventual rise to $10 an hour by 2016. The move makes TJX Cos. the latest mega-retailer to jump on the competitive wages trend, following an announcement from Wal-Mart just last week.
WASHINGTON — President Barack Obama warned the nation’s governors Monday that a looming shutdown of the Department of Homeland Security would have a direct impact on their states’ economies, as well as on security throughout the U.S.
WASHINGTON — The Obama administration is proposing tougher restrictions on brokers who manage Americans’ retirement accounts, reigniting a confrontation with the financial services industry over rules affecting trillions of dollars in 401k and other savings accounts.
Wal-Mart made news this week by announcing that it is raising the wages for its employees above the federal minimum wage of $7.23 an hour to $9 an hour and to $10 an hour next February. To discuss the broader implications, Shelly Banjo, a reporter for Quartz, joins Hari Sreenivasan. Continue reading
Greece received a four-month bailout aid extension deal, easing some worries about the global economy after tense negotiations over austerity measures and giving the Greek economy some temporary breathing room. Judy Woodruff speaks with David Wessel of the Brookings Institution about the terms of the agreement and which side has more leverage. Continue reading
Hostage-taking has become an important moneymaker for terror groups including the Islamic State. Economics correspondent Paul Solman looks at the larger price of paying ransom and cost-effective ways of fighting terror. Continue reading