Finance Archive
Articles
Woman questions breast cancer ‘pink-washing’
CHARLOTTE, N.C. -- In 2012, Tamela Rich is riding across the country on her motorcycle for the third year in a row to raise money for breast cancer awareness. Tamela Rich has ridden her motorcycle cross-country...
Working late, by choice or not
Report after report has made abundantly clear that job growth is weak, but there’s one wide swath of the population where employment growth is going gangbusters: older Americans. A record 7.2 million Americans age 65 and...
New estimate sees rise in medical costs in retirement
Medical costs continue to loom large over retirement, a report from Fidelity Investments says. A 65-year-old couple retiring this year without any employer-based health coverage would need an estimated $240,000 to cover medical costs through retirement, according...
Discrepancies on medical bills can leave a credit stain
When Ray White’s son was about 9 years old, he struck a tree branch while riding his bike. Within minutes, an ambulance whisked him off to the emergency room. The boy recovered, but many months...
Most baby boomers help their adult children with their finances
As parents proudly watch their offspring collect their college diplomas this month, consider this: More than half of baby boomers say they have allowed their adult children to move back home, rent free. That was among...
The danger of too much comfort in finances
Change can be a scary thing. So it’s no wonder that we’re drawn to things we recognize — to things that are familiar — and stick with them. It’s why we go to a chain...
Aging workforce strains Social Security, Medicare
An aging population and an economy that has been slow to rebound are straining the long-term finances of Social Security and Medicare, the government's two largest benefit programs. Those problems are getting new attention Monday as...
Don’t wait for Social Security check in the mail
Starting next year, the check will no longer be in the mail for millions of people who receive Social Security and other government benefits. The federal government, which issues 73 million payments a month, is phasing...
States seek curb on patient bills for costly drugs
The hemophilia drug that saves 7-year-old William Addison from uncontrolled bleeding costs $100,000 a year. His family’s insurance pays virtually all of it. But his mother, Victoria Kuhn, says she is terrified that the insurance company may...
The cost of dying: It’s hard to reject care even as costs soar
Every night before putting on his pajamas, Dad emptied the coins from his pockets. The special ones he placed in an album, but most went into a jar to be saved. So how could the hospital...