Jun 20 Photos: Muslims prepare for Ramadan around the world By News Desk The Muslim holy month of Ramadan began around the world on Wednesday evening. 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 18 New $10 bill will be the first in more than a century to feature a woman By Kristen Doerer “The new ten will be the first bill in more than a century to feature a portrait of a woman,” Treasury Secretary Jacob J. Lew announced Wednesday. Yes, that’s right. The United States will soon have a woman on its… 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 Watch 8:43 Impoverished Greeks fearful as default deadline looms By PBS News Hour Greek Prime Minister Alexis Tsipras held an emergency meeting with his bailout negotiators after a weekend breakdown in talks with creditors brought the country closer to bankruptcy. Many in Greece are bracing for more turmoil as they wonder whether the… Continue watching
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 14 South Korea’s economy takes hit as MERS outbreak persists By Kenzi Abou-Sabe, Hari Sreenivasan The Middle East Respiratory Syndrome outbreak currently playing South Korea is believed to be the largest outbreak of the virus that has ever occurred outside of Saudi Arabia, where MERS is thought to have originated. Continue reading
Jun 12 Photos: Greece’s deserted factories are ghosts of the past By Ariel Min From obliterated entrances to calendars frozen in time, Greece's abandoned factories recall much better economic times. Continue reading