In last week's column, I reviewed the ten most common misconceptions people have about Social Security benefits. But the program side of Social Security is only half the picture. There is also the policy and political side of our nation's bedrock retirement system. In fact, because of crazy rumors spread on the Internet, far more people have been misled into believing nutty stories about Social Security policies, especially when it comes to financing the program. I've discussed these issues many times before in this column, but based on the emails I get, no one is listening!
WASHINGTON (AP) - Outgoing Treasury Secretary Timothy Geithner thinks the U.S. economy will strengthen this year - as long as Congress avoids cutting spending too deeply in a budget deal and Europe's economy gradually improves.
NEW YORK (AP) - Passing another milestone on the nation's long journey back from the Great Recession, the Standard and Poor's 500 index closed above 1,500 for the first time in more than five years Friday after a wave of good earnings reports.
WASHINGTON (AP) - Employers are laying off fewer workers, a trend that normally suggests hiring is picking up. The January jobs report next week will show whether employers have begun to hire more freely or are still waiting for the economy to strengthen.
WASHINGTON (AP) - The consulting and accounting firm EY is aggressively recruiting on college campuses this spring. The company formerly known as Ernst & Young plans to hire 9,000 graduates from U.S. universities this year, up from 7,500 in 2014. But recruiting isn't as easy as it used to be.
TRENTON, N.J. (AP) - U.S. spending on prescription drugs soared last year, driven up primarily by costly breakthrough medicines, manufacturer price hikes and a surge from millions of people newly insured due to the Affordable Care Act.
ALBANY, N.Y. (AP) - New York's attorney general has launched an inquiry into 13 major retailers, questioning the practice of keeping workers on call for shifts on short notice and possible violations of the state requirement to pay hourly staff for at least four hours when they report for work.
CHICAGO (AP) - Trying to slim down? Weight Watchers and Jenny Craig scored the best marks for effectiveness in a review of research on commercial diet programs, but many other plans just haven't been studied enough to evaluate long-term results.
NEW YORK (AP) - Starbucks says its workers can now have four years of tuition covered for an online college degree from Arizona State University instead of just two, marking the latest sign that companies are rethinking their treatment of low-wage workers.