Oct 12 The Social Security benefits bump might not translate into a raise for seniors. Here’s why By Gretchen Frazee What will the change mean for your pocketbook? Economics correspondent Paul Solman and columnist Philip Moeller discuss. Continue reading
Oct 12 Global stocks climb following two days of sharp losses By Marley Jay, Associated Press World stocks are climbing Friday after two days of sharp losses. Major U.S. stock indexes are up more than 1 percent, but they’re still on track for their biggest one-week loss since late March. Technology and internet companies were some… Continue reading
Oct 11 Watch 8:07 Loss of Chinese export market drives new ideas for repurposing recyclables China’s decision to buy less recyclable material from the U.S. has prompted major questions about how we handle waste in America. What will we do with our abundance of plastic bottles and pizza boxes, if exporting them is no longer… Continue watching
Oct 11 Rising interest rates, trade tensions drive another day of steep stock declines By Marley Jay, Associated Press The Dow Jones Industrial Average dropped 546 points after dropping 831 points Wednesday. The two-day loss of 5.3 percent is the biggest for Dow since February. Continue reading
Oct 10 Dow industrials sink 831 points as tech stocks plunge By Marley Jay, Stan Choe, Associated Press Although the losses were widespread, stocks that have been the biggest winners on the market, including technology companies and retailers, suffered steep declines. Apple and Amazon both had their worst day in two and a half years. Continue reading
Oct 10 Watch 4:15 What’s behind Wednesday’s market selloff? A financial storm sent stocks plunging to their biggest losses in eight months. The Dow Jones Industrial Average plunged 831 points. The Nasdaq fell 316 percent. Amna Nawaz talks about what may have prompted the selloff with Hugh Johnson, Chief… Continue watching
Oct 10 Trump says Federal Reserve ‘has gone crazy’ after big stock drop By Associated Press President Trump, who has been critical of the central bank's interest rate increases, told reporters that he thinks "the Fed is making a mistake." But he's also calling the drop "a correction we've been waiting for for a long time."… Continue reading
Oct 10 Working after 65? What you need to know about employer insurance and Medicare By Philip Moeller It is illegal for big employers to try to get you on Medicare by sweetening the deal, but you might consider signing up for Medicare for your own financial benefit. Continue reading
Oct 10 CVS Health-Aetna merger gets the green light By Associated Press As a condition of the deal, Aetna must sell its Medicare Part D prescription drug plan business to resolve anti-monopoly issues. Continue reading
Oct 09 WATCH: Trump says Dina Powell under consideration to replace departing U.N. Ambassador Haley Trump told reporters Tuesday that he has also heard his daughter Ivanka Trump's name discussed for the post. He says she'd be "incredible" in the role, but he knows if he selected her he'd be accused of nepotism. Continue reading