Sep 06 Ford recalls 2 million F-150 trucks due to seat belt fires By Tom Krisher, Associated Press According to Ford, the seat belt pretensioners in F-150 trucks from the 2015 through 2018 model years can generate excessive sparks when they tighten before a crash. Continue reading
Sep 05 The Social Security myths you should know before the midterms By Philip Moeller Claiming that Social Security adds to the federal deficit or that Washington somehow has squandered Social Security funds has long been part of the political rhetoric about the program. Continue reading
Sep 04 Amazon becomes second company to top $1 trillion. What does that mean? By Gretchen Frazee Amazon’s stock price hit 2,049 per share late Tuesday morning, putting its valuation above $1 trillion, before dropping back down. Continue reading
Sep 03 A growing number of Americans want to join a union By Thomas Kochan, Erin L. Kelly, Will Kimball, MIT Sloan School of Management, Duanyi Yang, Massachusetts Institute of Technology A nationally representative survey of the workforce found interest in joining unions to be at a four-decade high. Continue reading
Aug 31 President Trump expected to sign executive order on retirement plans By Associated Press Administration officials say high costs discourage employers from offering plans like 401(k)s at a time when surveys show workers worry about being able to live comfortably in retirement. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading
Aug 29 What vital questions should seniors consider before November? By Philip Moeller As Medicare’s annual open enrollment season and the nation’s midterm congressional elections approach, what would you like to know more about to help you make informed decisions?… Continue reading
Aug 24 Trump administration acts to stop high-tax states from skirting $10,000 cap By Marcy Gordon, Geoff Mulvihill, Associated Press Four states — Connecticut, Maryland, New Jersey and New York — already have sued the federal government over the deduction cap, asserting it's aimed at hurting a group of Democratic states and tramples on their constitutional budget-making authority. Continue reading
Aug 23 Watch 6:04 Why recent stock market gains might not benefit the economy By Paul Solman This week has marked the longest uninterrupted stock market gains in U.S. history, thanks in part to a steady economic recovery now nine years old. But another driver is the growth of stock buybacks: companies purchasing their own shares. Whether… Continue watching
Aug 22 What the longest bull market in history means for the economy and your investments By Gretchen Frazee Wednesday marked the longest bull market in the stock market's history, and financial analysts say the economy is strong enough that the gains could continue. Continue reading