Apr 22 Medicare and Social Security stay on unsustainable financial paths, reports show By Philip Moeller Mostly unchanged from last year's report, the outlook for Social Security improved slightly. Its solvency was extended to 2035 due to significant changes in the program’s disability insurance fund. Continue reading
Apr 22 Trump says Herman Cain withdraws from Fed consideration By Associated Press The former presidential candidate's chances to sit on the Federal Reserve board were all but doomed when four Republican senators said they wouldn't vote to confirm him if he were nominated. Continue reading
Apr 22 Tesla expects to have fully self-driving cars by next year By Michael Liedtke, Tom Krishner, Associated Press The company made the announcement during an investor conference at its Palo Alto, California, headquarters Monday. Continue reading
Apr 19 U.S. home construction slips 0.3% in March By Josh Boak, Associated Press Years of price gains eclipsing income growth has left many buyers unable to afford a home, possibly suppressing construction activity. Continue reading
Apr 18 U.S. unemployment benefit claims drop to lowest level since ’69 By Paul Wiseman, Associated Press The Labor Department says claims for jobless aid fell by 5,000 last week to 192,000, the lowest since September 1969. Continue reading
Apr 17 Column: Will I be penalized for not getting Medicare at 65? It depends By Philip Moeller If you are employed and have employer group health insurance, you did not need to get Medicare when you turned 65, columnist Phil Moeller explains. Continue reading
Apr 16 Tobacco companies pay billions to compensate for smoking-related illness. Is it enough? By Charles Betley, The Conversation April 15 is Tax Day, as well as the date each year on which the largest tobacco companies pay $9 billion dollars to states because of tobacco-related illnesses such as cancer and heart disease. But what is the real cost… Continue reading
Apr 15 After Trump tweet, Mnuchin says Fed independence is important globally By Martin Crutsinger, Associated Press Treasury Secretary Steven Mnuchin was asked about President Donald Trump's tweet Sunday that if the Fed had done its job properly, the stock market would be 5,000 to 10,000 points higher and overall growth would have been "well over" 4… Continue reading
Apr 15 None of the Supreme Court justices wanted to say this name in court By Jessica Gresko, Associated Press The high court was discussing a trademark case Monday involving a Los Angeles-based fashion brand. But the justices did some verbal gymnastics to get through about an hour of arguments without saying the brand's name. Continue reading
Apr 13 How U.S. tax laws discriminate against women, gays and people of color By Anthony C. Infanti, The Conversation A country's tax policies say a lot about what it values – and some of America's tend to promote inequality. Continue reading