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Finance
Seniors Look More Towards Reverse Mortgages Amid Coronavirus Outbreak; FHA Rolls Out New Options to…
With businesses deemed non-essential having been forced to close, over 26 million people have been out of work and have filed for unemployment.While many have been hit hard by the closures, seniors have been particularly vulnerable. Photo!-->…
Gold’s Performance This Century Offers Guide to The Future
Gold has been this century’s unrivaled star. It marks the longest period in modern history in which the metal has outperformed all other major assets including stocks. Gold’s performance this century, both overall and in shorter-term!-->…
The COVID-19 Bailout That’s Left Every Hospital Unhappy In Its Own Way
Roughly two-thirds of the HHS coronavirus money has yet to go out the door, ensuring that a fierce lobbying effort from all parts of the health sector will continue to target the White House, HHS and Congress, which continues to negotiate!-->…
NYC Shelter Security Officers Claim They’re Denied Sick Leave
According to Denis Johnston, vice president of Local 32BJ of the Service Employees International Union, the employers either delayed or withheld sick pay, required doctors' notes for one- or two-day absences, and retaliated against those!-->…
Medicaid Nearing ‘Eye Of Storm’ As Newly Unemployed Look For Coverage
The Labor Department reported Thursday that more than 6.6 million people signed up for unemployment insurance during the week that ended March 28. Many of these newly unemployed people may turn to Medicaid for their families.!-->…
Nevada Governor Steve Sisolak Officially Puts Halt to All Evictions During COVID-19 Pandemic; 30-day…
Governor Sisolak’s moratorium – signed this week and due to take effect immediately – currently disallows lockouts, notices to quit or pay, or eviction filings while the state of emergency is in effect. Photo credit: C-SPAN.
LAS VEGAS,!-->!-->!-->…
Coronavirus Is Keeping Me Home From Work. Will I Get Paid?
Congressional Democrats are pushing for legislation that would provide paid leave for those who are not being compensated while out of work because of sickness, quarantine or family needs resulting from the coronavirus outbreak. File!-->…
New York Workers Rally for Anti-Wage Theft Bill
Workers at rallies in New York City, Binghamton and Buffalo are urging legislators to include the SWEAT bill with this year's budget bills that must be passed by April 1. Workers say loopholes in NY labor laws undermine recent minimum-wage!-->…
Record Settlement for Death of Man in New York Prison
Karl Taylor (Left) was one of nearly 10,000 people in New York prisons who have been diagnosed with a mental illness. Taylor died of a heart attack. But lawyers for Taylor's family alleged he had been beaten and strangled by guards in!-->…
Security Officers In Five Boroughs Bargaining for New Contract
Local 32BJ began negotiations Wednesday to renew contracts with building owners and security contractors. The contracts will cover 14,000 workers at colleges, government buildings, museums, libraries, stadiums and landmarks around!-->…
Trump Budget Called a ‘Big Step Backward’ for Great Lakes
"Many local and state governments are cash-strapped and depend on the federal government and its partnership with those communities to help pay to provide essential clean water services," says Chad Lord, Healing Our Waters - Great Lakes!-->…
Upcoming Price Hikes for All “.Com” Domain Names by Verisign Inc., – Increases As Much As 30…
ICANN chose Verisign as the single operator for .com domains, entering into a new contract, which according to the Internet Commerce Association, a non-profit overseeing the domain name industry, allows Verisign to hike prices as much as!-->…
“Only the Mediocre Are Always at Their Best”
The United States has accomplished a booming economy with lower taxes for both companies and citizens while we have the lowest unemployment rates in history for blacks, Hispanics, Asians, women, and people with just a high school diploma.!-->…
Transportation Workers Ask Albany for Better Benefits
Transportation-hub workers say the Healthy Terminals Act would help them get quality, affordable health care. Photo credit: SEIU 32BJ
ALBANY, N.Y. - Workers at New York's transportation hubs went to Albany yesterday to tell legislators!-->!-->!-->…
Loopholes Limit New California Law To Guard Against Lofty Ambulance Bills
Hoechlin was still in intensive care when her husband, Matt, got the bill for the 300-mile air ambulance ride. The total: $97,269. The company wasn’t in their health plan’s network of providers, and the PPO plan they had through Matt’s!-->…
Workers in Majority of U.S. to See Increase in Minimum Wage in 2020; Biggest Impact in California,…
The highest rates in the nation are found at the municipal level. Seattle has the highest minimum wage rate at $16.00 per hour for large employers and $15.00 for small employers. New York City's minimum wage is set at $15.00 per hour for!-->…
Boeing Announces New Leadership; Says Will “Bring Renewed Commitment to Transparency, Better…
A Boeing 737 Airplane at Manchester Airport. According to the company press release, Boeing decided a change in leadership was necessary to restore confidence in the Company moving forward as it works to repair relationships with…
Federal Housing Finance Agency (FHFA) Announces 2020 Conforming Loan Limit Increase for Fannie Mae,…
FHFA Director Dr. Mark A. Calabria, who was nominated by President Trump in January 2019, speaking on Housing Access and Affordability at a House Financial Services Committee hearing on access to affordable housing. Photo credit: C-SPAN.
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Voters Say Congress Needs To Curb Drug Prices, But Are Lawmakers Listening?
“The idea that Congress is going to lower prescription drug prices without reforms to Medicare is nonsensical,” said Zona, Grassley’s spokesman. He added that the CREATES Act, which Grassley originally co-sponsored, is important. “But!-->…
The Air Ambulance Billed More Than His Surgeon Did For A Lung Transplant
Tom Saputo had a double-lung transplant in July 2018 after being flown in an air ambulance to UCLA Medical Center from Thousand Oaks, Calif. Photo credit: Anna Almendrala/KHN.
THOUSAND OAKS, CA - Before his double lung transplant, Tom!-->!-->!-->…
Harvard Study: Number of Retirement-Age Households Facing Cost Burdens Reaches All-Time High Says…
A past panel and live webcast release of the Harvard Joint Center for Housing Studies annual State of the Nation's Housing report. Through its research, education, and public outreach programs, JCHS helps leaders in government, business,!-->…
Grief Grew Into A Mental Health Crisis And A $21,634 Hospital Bill
Arline Feilen’s husband died in 2013, followed by her father three years later. After her mom passed away earlier this year, she “crumbled,” she says. Her mental health crisis landed her in the hospital for five nights, yet her health!-->…
Employers Scaling Back Dependence On High-Deductible Health Plans
Some employers say that, in a tight labor market, offering a more generous plan with a deductible that’s less than four figures can be an attractive recruitment tool. Plus, a more traditional plan may appeal to workers who want more!-->…
Capitalism vs. Socialism – Which Is The Better System?
Capitalism is an economic system in which investment in and ownership of the means of production, distribution and exchange of wealth is made and maintained chiefly by private individuals and corporations. Socialism is a theory or system!-->…
Palm Beach Sheriffs Office Seeking To Identify Suspect Who Wanted for Pulling Off Clever Fraud…
According to police, the suspect, claiming to be a representative from JP Morgan Chase Fraud Department, contacted a victim by phone and claimed the victim’s credit card had been compromised. The victim then learned that her card was!-->…
FHA Changes Condominium Rules, Expected to Make Process to Obtain Reverse Mortgages Easier; Change…
HUD Secretary Ben Carson in a press release noted that the new rule will assist both seniors looking to maintain their current dwelling, as well as first-time home-buyers looking to start a family. Photo: C-SPAN.
DENVER, CO – The!-->!-->!-->…
New York Jobs Depend on North American Trade
Nearly 80,000 New York jobs are supported by exports within North America. Photo: Ford Motor Co.
ALBANY, N. Y. – Congressional leaders are still trying to hammer out a new trade agreement with Canada and Mexico, and there’s…
John M. Kennedy: Taking Off the Gloves In His Race to Unseat Suffolk County Executive Steve Bellone
Suffolk County Comptroller John M. Kennedy joined Republican Suffolk County legislators to discuss the findings from the NYS Comptroller’s report showing that Suffolk has been the most fiscally stressed county in the state for the past two!-->…
Maryland Used Car Dealership Accused Of Racial Bias On Auto Loans
MARYLAND - The Department of Justice filed a lawsuit alleging that defendant Guaranteed Auto Sales, a used car dealership, along with its owner and manager, defendants Kelly Ann West and Robert Chesgreen, violated the federal Equal!-->!-->!-->…
Former Treasurer of Jackson County, Kentucky, Sentenced to 45 Months in Prison; Ordered to Pay Back…
Beth N. Sallee, 39, of McKee, Kentucky, was sentenced yesterday to 45 months in prison followed by three years of supervised release. Sallee was also ordered to pay $161,808.23 in restitution for devising a multi-year scheme to defraud!-->…