Jun 23 What you need to know about the Trans-Pacific Partnership By Gary Clyde Hufbauer, Cathleen Cimino-Isaacs The Senate voted today to prevent a filibuster against Trade Promotion Authority, legislation essential to advance the Trans-Pacific Partnership, handing a welcome victory to President Obama and Senate Majority Leader Mitch McConnell. Gary Clyde Hufbauer and Cathleen Cimino break down… Continue reading
Jun 23 No matter what they tell you, it’s not a question: You can suspend your Social Security benefit By Laurence Kotlikoff You can file and suspend. Don't let anyone tell you otherwise. But the question is whether or not it's in your best interest to file and suspend. Continue reading
Jun 19 Are you getting a fair divorce? The economist’s take By Laurence Kotlikoff Divorce is a terribly difficult financial decision to confront. Economist Laurence Kotlikoff provides some advice. Continue reading
Jun 18 Watch 7:06 Are bosses cheating workers out of overtime? By PBS News Hour If you work more than 40 hours a week, you are supposed to get overtime. But if you are an “executive” earning more than $23,600 a year, you don’t qualify. Economics correspondent Paul Solman explores how this loophole can lead… Continue watching
Jun 18 A lawyer and her client weigh in on the overtime scam By Paul Solman Overtime is a major labor issue in the United States today. While the Fair Labor Standards Act ensures that salaried workers making less than $23,600 a year must be paid time and a half for every hour they work over… Continue reading
Jun 17 Don’t overlook the benefits of ‘free’ Part A Medicare coverage By Philip Moeller Part A Medicare gets less attention, but it plays an important role in hospital, nursing and home health care. Continue reading
Jun 15 New survey confirms no one understands Social Security. Do you? By Laurence Kotlikoff MassMutual's recent survey on Americans' Social Security knowledge show that most people are clueless when it comes to collecting Social Security. It also showed that MassMutual, itself, doesn't have a full grasp on the system. Continue reading
Jun 11 Watch 7:15 Why booking a table may soon mean buying a ticket By PBS News Hour Both restaurant and customer take a risk when they make a reservation. Is the table really going to be ready at 8:00? Will the party of six be a no-show? Chicago restaurateur Nick Kokonas, co-owner of elite restaurants Alinea and… Continue watching
Jun 11 Soon, there may be no such thing as a free reservation By Paul Solman Walk-ins may be a thing of the past. Tock, a service that allows you to buy or put down a deposit for a reservation, could be coming to a restaurant near you. Continue reading
Jun 11 How to save Greece: Turn its banks into mutual fund companies By Laurence Kotlikoff Einstein defined insanity as repeating the same thing and expecting different results. So why then, asks economist Laurence Kotlikoff, doesn't Germany, the European Central Bank, and the IMF take a different approach to Greece's debt?… Continue reading