Nov 21 Uber’s boys club is what’s wrong with Silicon Valley By Vivek Wadhwa Uber is one of the most hated companies in the technology industry, writes Vivek Wadhwa. But its disrepute is largely because of its arrogance and frat-boy behavior—not only its business practices. And this behavior is only slowing the company down. Continue reading
Nov 21 Jonathan Gruber: Success of insurance marketplaces hinges on competition By Simone Pathe The second year of open enrollment for the Affordable Care Act is now underway. This year, more insurers are participating in health insurance marketplaces, and if evidence from last year is any indication, increased competition should result in lower premiums. Continue reading
Nov 20 Watch Is Uber’s aggressive attitude bad for business? By PBS News Hour Uber, the popular ride-sharing mobile phone app, has developed a reputation for ruthlessness. The company's latest woes were generated by an executive who talked about hiring operatives to dig up dirt on reporters who criticize the company. Economics correspondent Paul… Continue watching
Nov 20 How to love your job even if you don’t like it By Kerry Hannon, Next Avenue When I hear people whining about their jobs or their boss I want to shout: suck it up! Do something about it. Stop being a victim. If you can make it work where you are right now, you’ll save yourself… Continue reading
Nov 20 Taking selfies and talking inequality, has Janet Yellen gone too far? By Simone Pathe Federal Reserve Chair Janet Yellen hosted a rare meeting with community organizers and low-wage workers at the Fed Friday. And last month, she delivered a controversial speech on inequality and posed for selfies with the jobless. Like other Fed chairs… Continue reading
Nov 19 Should bankers take a Hippocratic Oath? By Simone Pathe Thanks to recent financial scandals and fraud, public trust in the financial industry is low. But a new study published in the journal Nature shows that bankers, themselves, aren't dishonest people; the industry makes them behave dishonestly. What is it… Continue reading
Nov 19 Don’t be fooled by Medicare drug plans with low premiums By Philip Moeller When shopping for Medicare drug plans, many consumers are wowed by lower monthly premiums and don’t look at other plan details that will affect their total out-of-pocket expenses. Making Sen$e's Medicare Maven Phil Moeller tells readers what other costs to… Continue reading
Nov 17 When Social Security will let you take only one benefit at a time By Laurence Kotlikoff Once you have filed for two benefits, you get just the larger of the two. So to maximize your Social Security, the trick is to take one benefit -- a widows benefit, for example, or your own retirement benefit --… Continue reading
Nov 17 U.S. pension agency reports $62 billion deficit By Tom Raum, Associated Press WASHINGTON — The federal watchdog agency overseeing the nation's retirement pension system says it's running a $62 billion deficit — almost double last year's shortfall — mostly due to the poor financial condition of a few large multi-employer pension plans. Continue reading
Nov 15 Wal-Mart workers planning protests at thousands of stores on Black Friday By Rialda Zukic A group of Wal-Mart employees seeking higher wages said it is planning protests at 1,600 Wal-Mart stores nationwide on Black Friday, the biggest shopping day of the year in the U.S. Continue reading