Oct 03 Watch 6:27 How General Motors strike reflects pivotal moment for U.S. auto industry A national strike by the United Auto Workers is now in its 18th day. The walkout of 46,000 employees affects more than 50 General Motors sites, and although the two sides continue to talk and are said to be making… Continue watching
Oct 03 Column: What seniors should know about Trump’s Medicare executive order By Philip Moeller The executive order has been billed as the president’s alternative to Democrats’ Medicare for All plans. Continue reading
Sep 25 Private insurers are improperly rejecting Medicare drug claims, watchdog finds By Philip Moeller Insurers initially rejected about 84 million prescription drug coverage claims made under Medicare Part D that should have been approved, a government report found. Continue reading
Sep 23 4 reasons it’s hard to become a sustainable business By Gretchen Frazee The head of the United Nations is setting a daunting goal at the U.N. climate summit in New York this week: completely transform the world’s economies to be more sustainable and find solutions to climate change. Continue reading
Sep 19 Watch 7:55 Why extreme climate scenarios no longer seem so unlikely By Paul Solman The United Nations has called climate change the “defining issue of our time.” But new analyses suggest the planet’s temperature will rise by even more than the UN had estimated -- and that warming creates ever-increasing energy consumption due to… Continue watching
Sep 19 Why the Fed might not have many tools to fight the next recession By Michael W. Klein If a recession hits, the Fed might need to lower rates below zero, which could cause other problems in the financial system. Continue reading
Sep 18 Column: Studying Elizabeth Warren’s plan to fix Social Security By Philip Moeller Warren’s proposal is based on a lot of solid evidence, writes columnist Philip Moeller, but it also seeks to fix larger-scale problems for which there are no easy solutions. Continue reading
Sep 18 How the Federal Reserve rate cut could affect your finances By Gretchen Frazee The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances. Continue reading
Sep 17 How low can we go? The prospects for negative interest rates By Kenneth Kuttner, Econofact There is increasing speculation regarding whether the Federal Reserve might set a negative target for the federal funds rate should the economy enter a recession. Continue reading
Sep 17 A quarter of U.S. parents are unmarried, and that changes how much they spend on their kids By Orestes 'Pat' Hastings, Daniel Schneider, The Conversation Research shows family structure plays a role in how much parents spend on their children. Continue reading