With more than 100 million Americans now over the age of 50, technology companies are eager to find new ways to cater to Baby Boomer consumers. From a mobile app that offers medical tips to wearable devices, special correspondent Megan Hughes reports on how startups are designing products to appeal to older Americans’ desires for longevity and wellness. Continue reading
In our news wrap Wednesday, the Federal Reserve said it was open to raising interest rates, but the job market must improve and inflation has to move closer to 2 percent for a rate hike. Also, gunmen attacked Tunisia’s National Bordo Museum, killing more than 20, most of whom were Western European tourists. Two of the gunmen were killed, but two or three others escaped, according to officials. Continue reading
France, Germany and Italy said on Tuesday that they would become founding members of the Asian Infrastructure Investment Bank (AIIB), a proposed development bank spearheaded by China, despite U.S. discouragement from doing so. Continue reading
WASHINGTON — House Republicans on Tuesday unveiled a $3.8 trillion budget plan for next year that effectively breaks tight budget limits on military spending while promising a familiar roster of big cuts to social programs such as food stamps and Medicaid. Continue reading
The U.S. Department of Agriculture has announced that a strain of highly contagious bird flu was detected in a poultry flock in Leavenworth County, Kansas, the latest flare-up in a multistate outbreak threatening U.S. poultry producers. Continue reading
Anxiety over interest rates, the dollar and falling oil prices drove volatility in the financial markets this week; even good news seemed to upset investors. Judy Woodruff talks to Mark Vitner of Wells Fargo about what’s causing the turmoil and what it says about the global economy. Continue reading
- Richer school districts in 23 states are receiving more local funding than their poorer counterparts
The Washington Post reported on Thursday that in 23 states, “per-pupil spending” by state and local governments is lower in poor school districts than in rich ones, in some cases as much as 33 percent lower. Nationwide, the average amount spent on students in poor school districts is $9,270 versus $10,721 for students in wealthy districts, based on U.S. Census data released by the National Center for Education Statistics last month.
In the past, the way credit rating agencies reviewed disputes or errors frequently hurt consumers. The nation’s three largest credit rating agencies have negotiated with the state of New York to change their review process, and to wait longer before posting unpaid medical debts. Judy Woodruff learns more from New York Attorney General Eric Schneiderman. Continue reading
Wisconsin labor unions took another hit today as Governor Scott Walker signed a bill known as the “right to work” into law Monday morning. In 2011, Governor Walker won a bitter fight to restrict collective bargaining for public sector workers. Now, after surviving a recall election and potentially looking towards a White House run, Mr. Walker has put restrictions on unions in the private sector.