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News Articles: Your Money

An undated photo of President Herbert Hoover, whose term as president ran from 1929 to 1933. He railed against short sellers after the market crash of 1929.

Tagged as: 

  • Business

Wall Street Short Sellers: Hated For Centuries

In recent weeks, short sellers were painted as the enemy, when hedge funds bet against stocks like GameStop. It set off a tug of war between small investors and Wall Street shorts. The hate isn't new.

February 15, 2021
|
By:
  • Ryan Kailath
Demonstrators call for a union and $15 minimum wage at a McDonald's in Charleston, S.C., in February 2020. The U.S. Senate has voted to prohibit an increase in the federal minimum wage during the pandemic.

Tagged as: 

  • Economy

Senate Says No To $15 Minimum Wage For Now, But Democrats Vow To Push On

Raising the federal minimum wage to $15 remains a priority of President Biden and Democrats after the Senate approved an amendment prohibiting a wage increase during the pandemic.

February 06, 2021
|
By:
  • Andrea Hsu,
  • Sam Gringlas,
  • and 1 more
Financier Ken Griffin has been slammed on chat rooms like WallstreetBets.

Tagged as: 

  • Business

Ken Griffin: The Hedge Fund Titan In The Middle Of The Reddit Investing Revolt

Ken Griffin's investment firm Citadel became embedded in the in GameStop trading controversy. Citadel has a hand in nearly every corner of the financial system.

February 05, 2021
|
By:
  • Ryan Kailath

Tagged as: 

  • Business

GameStop Mania Likely Won't Happen Again. Here's How To Invest Wisely

Some investors in a Reddit group made a pile of money off GameStop's wild ride. But it's unlikely something similar will happen again. Here's how you can make smart investments.

February 05, 2021
|
By:
  • Chris Arnold
The White House says President Biden's COVID-19 economic rescue plan, including an expanded child tax credit, would help cut child poverty in half.

Tagged as: 

  • Politics

Biden Plan To Expand Child Tax Credit Could Help Lift Millions Of Kids Out Of Poverty

The president wants to expand the federal child tax credit for lower-income households. "In one fell swoop, it'll essentially lower the child poverty rate by more than 40%," says analyst Chuck Marr.

February 04, 2021
|
By:
  • Steve Inskeep
Angry online traders looking for the Robinhood stock app should also not cast blame on the 1938 movie <em>The Adventures of Robin Hood</em>, starring Errol Flynn and Olivia de Havilland.

Tagged as: 

  • Technology

'Robin Hood' Groups Win New Fans, Thanks To GameStop Controversy

The Robin Hood anti-poverty charity in New York City, for example, says it's seeing a new boost in donations this week. In some cases, donors said the money came from their GameStop stock profits.

January 29, 2021
|
By:
  • Bill Chappell
The nearly 5,600-page legislative package that Congress passed in December includes new laws regarding aid to rural hospitals, funds for training more physicians, modest improvements in mental health care parity, and medical bill transparency.

Tagged as: 

  • Health

Beyond COVID-19: 4 Other Key Health Issues Congress Recently Addressed

The huge spending bill Congress passed last month included aid to rural hospitals, training for new doctors, new rules regarding mental health coverage and requirements for billing transparency.

January 28, 2021
|
By:
  • Emmarie Huetteman
Mikkel and Kayla Kjelshus' daughter, Charlie, had a complication during delivery that caused her oxygen levels to drop and put her at risk for brain damage. Charlie needed seven days of neonatal intensive care, which resulted in a huge bill — $207,455 for the NICU alone — and confusion over which parent's insurer would cover the little girl's health costs.

Tagged as: 

  • Health

'Birthday Rule' Blindsides First-Time Parents With A Mammoth Medical Bill

An insurance regulation known as "the birthday rule" is tripping up couples who are putting their newborn children on the wrong policy and risk losing thousands of dollars.

January 27, 2021
|
By:
  • Cara Anthony
Supporters rally outside the U.S. Treasury Department in 2019 to demand that American abolitionist Harriet Tubman's image be put on the $20 bill.

Tagged as: 

  • Politics

Biden Administration Will 'Speed Up' Efforts To Put Harriet Tubman On $20 Bill

Press secretary Jen Psaki said it's important that "our money ... reflect the history and diversity of our country." The effort to redesign the $20 bill foundered during the Trump administration.

January 26, 2021
|
By:
  • Laurel Wamsley

Tagged as: 

  • Economy

Is Your 401(k) Colluding To Make Cereal More Expensive?

A new study investigates whether common ownership of cereal makers by institutional investors is leading them to become a kind of stealth monopoly.

January 26, 2021
|
By:
  • Greg Rosalsky

Tagged as: 

  • Education

President Biden Extends Student Loan Payment Freeze Through Sept. 30

Following an official action from President Biden Wednesday, the Education Department extended pandemic relief from payments for about 41 million federal student loan borrowers through Sept. 30.

January 21, 2021
|
By:
  • Elissa Nadworny

Tagged as: 

  • Education

Didn't Get Enough Financial Aid For College? You Can Ask For More Money

The FAFSA uses tax data from two years ago to determine a student's eligibility for financial aid for college. But if your financial situation has changed since then, there are ways to get more money.

January 19, 2021
|
By:
  • Elissa Nadworny
Skepticism about COVID-19 vaccinations has prompted suggestions that the government should pay people to get the shots. (AP Photo/LM Otero)

Tagged as: 

  • Economy

Should The Government Pay People To Get Vaccinated? Some Economists Think So

Dr. Anthony Fauci says the country will likely need a vaccination level of between 70% and 90% to reach herd immunity. Right now, that math doesn't quite add up.

January 13, 2021
|
By:
  • Uri Berliner

Tagged as: 

  • National

Have You Been Evicted During The Pandemic, Or Afraid Of Losing Your Home?

NPR wants to hear from you if you have lost income and couldn't pay rent to your landlord or needed a mortgage forbearance.

January 06, 2021
|
By:
  • Chris Arnold
Hospitals must now post on their websites, in a consumer-friendly format, the specific costs for 300 common and "shoppable" services, such as having a baby, getting a joint replacement, having a hernia repaired or undergoing a diagnostic brain scan.

Tagged as: 

  • Health

Hospitals Forced To Be More Transparent About Pricing. Will That Save You Money?

Under a rule that kicked in Jan. 1, hospitals must now make public the prices they negotiate with health insurers. But health policy experts have divergent views on what that will mean for patients.

January 05, 2021
|
By:
  • Julie Appleby
  • Load More

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