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News Articles: Your Money

Jeff and Kareen King received a hospital bill for $160,000 a few weeks after Jeff had a procedure to restore his heart rhythm.

Tagged as: 

  • Health

'Medical cost-sharing' plan left this pastor on the hook for much of a $160,000 bill

Instead of health insurance, the Rev. Jeff King had signed up for an alternative that left members of the plan to share the costs of health care. That meant lower premiums, but a huge hospital bill.

January 10, 2023
|
By:
  • Bram Sable-Smith
For the first time in years, some Teslas will qualify for a $7,500 federal tax credit for new electric vehicles. But only some vehicles — and only some buyers — are eligible.

Tagged as: 

  • Your Money

Buying an electric car? You can get a $7,500 tax credit, but it won't be easy

The government is offering a hefty tax credit to buyers of electric vehicles, but taking advantage of it is not straightforward. Here's what you need to know.

January 10, 2023
|
By:
  • Camila Domonoske
An NPR analysis of data released Jan. 8 by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, despite rampant fraud in the program.

Tagged as: 

  • Investigations

How the Paycheck Protection Program went from good intentions to a huge free-for-all

An NPR analysis of data released by the Small Business Administration shows the vast majority of Paycheck Protection Program loans have been forgiven, even though the program was rampant with fraud.

January 09, 2023
|
By:
  • Sacha Pfeiffer and
  • Austin Fast
Employers are struggling to find young workers to take jobs in the skilled trades.

Tagged as: 

  • Your Money

America needs carpenters and plumbers. Gen Z doesn't seem interested

Baby boomers are aging out of jobs they long dominated like builders, farmers, mechanics Young workers aren't clamoring to take their place.

January 06, 2023
|
By:
  • Mary Yang
The FTC proposed a new rule banning noncompete agreements. Federal Trade Commission chair Lina M. Khan calls them exploitative and widespread.

Tagged as: 

  • Business

Millions of workers are subject to noncompete agreements. They could soon be banned

The Federal Trade Commission has proposed a new rule that bans the use of noncompete agreements, calling them an exploitative practice that suppresses wages and hampers innovation.

January 05, 2023
|
By:
  • Andrea Hsu
An activist holds a placard demanding a $15/hour minimum wage and tips for restaurant workers at the House Triangle of the U.S. Capitol in February.

Tagged as: 

  • Economy

Minimum wage just increased in 23 states and D.C. Here's how much

Workers earning minimum wage in 23 states and the District of Columbia got a raise over the New Year's holiday, according to the Economic Policy Institute.

January 04, 2023
|
By:
  • The NPR Network
Unemployment tends to rise in January, historically one of the busiest months for layoffs.

Tagged as: 

  • Your Money

January is often a big month for layoffs. Here's what to do in a worst case scenario

From calling creditors to announcing your job loss on social media, a solid game plan can make a layoff sting a lot less.

January 03, 2023
|
By:
  • Arezou Rezvani
The end-of-year federal spending bill contains major changes to retirement savings in the U.S.

Tagged as: 

  • Business

Big changes to retirement savings in new federal spending bill

From emergency savings accounts to assistance for student loan borrowers, the new federal spending bill aims to make it easier to save for retirement.

December 29, 2022
|
By:
  • Arezou Rezvani
Barges were stranded by low water levels along the Mississippi River in October, driving up shipping prices and threatening crop exports and fertilizer shipments. Scientists at the University of Memphis expect more dramatic swings in water levels on the river due to climate change.

Tagged as: 

  • Climate

Republicans plan more attacks on ESG. Investors still plan to focus on climate risk

Investors still view climate change as a serious financial risk. But Republican attacks could have a chilling effect on the kinds of actions they're willing to take to deal with the problem.

December 29, 2022
|
By:
  • Michael Copley
Children ride scooters past a house for sale in Los Angeles. Home sales have slowed as mortgage rates have climbed.

Tagged as: 

  • Business

2022 marked the end of cheap mortgages and now the housing market has turned icy cold

The buying frenzy of a year ago is long gone. Home buyers have pulled away, sellers are holding back, and the whole housing market is locked in a deep freeze.

December 26, 2022
|
By:
  • Arezou Rezvani

Tagged as: 

  • Your Money

These 7 charts show how life got pricier (and, yes, cheaper!) in 2022

Boy, have we talked a lot about inflation. It affected every part of our lives (and the economy) in 2022. Here are some of its highest highs and lowest lows. (It wasn't all bad news!)

December 23, 2022
|
By:
  • Stacey Vanek Smith,
  • Alina Selyukh,
  • and 1 more

Tagged as: 

  • Economy

Mass layoffs are being announced by companies. If these continue, will you be ready?

Dozens of companies have announced mass layoffs this year and there might be more still to come in 2023. Are you in a job or industry that's at risk of being cut? NPR wants to hear from you.

December 22, 2022
|
By:
  • Arezou Rezvani
Andrea Hsu and Stacey Vanek Smith purchased a 25-cent postcard with their earnings from investing in a government bond.

Tagged as: 

  • Economy

Investors prefer bonds: How sleepy government bonds became the hot investment of 2022

Treasury bonds paid out much more than usual this year. That's great for investors, but could spell trouble for the government.

December 22, 2022
|
By:
  • Stacey Vanek Smith
In 2013, Grace E. Elliott spent a night in a hospital in Florida for a kidney infection that was treated with antibiotics. Eight years later, she got a large bill from the health system that bought the hospital. This bill was for an unrelated surgical procedure she didn't need and never received. It was a case of mistaken identity, she knew, but proving that wasn't easy.

Tagged as: 

  • Health

The case of the two Grace Elliotts: a medical bill mystery

A health system charged a woman for a shoulder replacement she didn't need and hadn't received. She didn't receive the care, but she did receive the bill — and some medical records of a stranger.

December 21, 2022
|
By:
  • Mark Kreidler
The Consumer Financial Protection Bureau (CFPB) has ordered Wells Fargo to pay billions in fines and redress to mistreated consumers.

Tagged as: 

  • Business

Wells Fargo to pay $3.7 billion settling charges it wrongfully seized homes and cars

The case marks the largest penalty ever imposed by the federal watchdog agency the Consumer Financial Protection Bureau. Customers who were harmed will receive $2 billion in restitution.

December 20, 2022
|
By:
  • Chris Arnold
  • Load More

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