It’s a historic day for health care in America. The House will pass the Senate bill and the President will sign. The reconciliation effort–odds and ends of the House and Senate compromise–still has to run some roadblocks in the Senate, but soon we’ll have a national program for covering the uninsured. The major provisions don’t [...]
There’s a point where a weak Consumer Financial Protection Agency would be worse than no agency at all. So far, the watered-down Senate bill remains on the right side of the line. But there might come a point where we all have to stand up and shout “no.”
For consumers, nothing—nothing—is more important than having an [...]
My friend Joe is a trombonist, subject to terrible infections of the throat. He had seven or eight of them in the past year. Twice, he needed emergency care to pierce and drain abcesses—the most painful thing he has ever endured, he says.
To stop these infections, doctors have told him he has to have [...]
Newly out of work? Odds are, it will take you only a few weeks to find a new place.
That’s a surprising fact, considering the horrendous number of workers who are unemployed. Compared with other recessions, we’ve seen an epic loss of jobs. But the difference between who does and who doesn’t get a job tells [...]
It’s a tricky moment for bond-fund investors. The economy is improving. Interest rates and inflation are going to rise, which means that the price of shares in bond mutual funds will fall.
If you’re making new fixed-income investments, these facts suggest that cash is a better place for money right now. Choose a money [...]
