Jan 29 Go inside Vegas’ Super Bowl betting business with a pro gambler By Simone Pathe The Patriots and the Seahawks aren't the only ones with a lot riding on this Sunday's Super Bowl. Plenty of professional gamblers will also be watching the score -- and every interception in between -- in the hopes of boosting… Continue reading
Jan 28 How to raise the minimum wage 107 percent without losing jobs or profit By Simone Pathe When the Congressional Budget Office assessed the president's proposal to raise the minimum wage to $10.10 last year, it predicted 500,000 jobs could be lost. But a new study suggests that the fast-food industry could gradually increase the minimum wage… Continue reading
Jan 28 The Fed’s not ready to act yet By Simone Pathe It will be another five months before the federal reserve considers raising short-term interest rates. Continue reading
Jan 28 Can expats take their Medicare abroad? By Philip Moeller Medicare recipients can keep Part A and Part B while living outside the United States, as long as they continue to pay their monthly Part B premiums. Maintaining Medicare drug coverage abroad, however, is a lot trickier. Making Sen$e Medicare… Continue reading
Jan 27 Apple just had the most profitable quarter of any company in history By Travis Daub After a rocky day in the markets, Apple computer began their quarterly earnings call and announced historically high numbers. Continue reading
Jan 26 Deficit to shrink to lowest level of Obama presidency, CBO says By Stephen Ohlemacher, Associated Press Solid economic growth will help the federal budget deficit shrink this year to its lowest level since President Barack Obama took office, according to congressional estimates released Monday. Continue reading
Jan 26 How can Uncle Sam keep our unused Social Security benefits? By Laurence Kotlikoff Once a person dies, the Social Security benefits to which he or she was entitled when alive do not automatically go to their survivors. Some readers think that's unfair. But as Social Security expert Larry Kotlikoff explains, Social Security works… Continue reading
Jan 23 Critics say Obama proposal will hurt families saving for college By Kyla Calvert Mason About 12 million people across the U.S. have money socked away, in most cases by their parents, in special savings accounts meant to be used to pay for college. Continue reading
Jan 23 Expedia purchases Travelocity for $280 million By Anna Sillers Online travel booking company Expedia, Inc. purchased Travelocity today for $280 million in cash, the company announced in a press release. Continue reading
Jan 23 Social Security’s Christmas present: Benefit cuts for millions of disabled workers By Laurence Kotlikoff Social Security expert Larry Kotlikoff highlights a recent change in Social Security's operating manual that, while seemingly obscure, hurts millions of Americans who receive disability benefits. In effect, Kotlikoff argues, Social Security is now treating people with disabilities as second… Continue reading