News

2008

October

21
  • An eroding model for health insurance. Jennifer and Greg Danylyshyn of Pasadena are conscientious parents. They keep proper car seats in their used BMW, organic vegetables in the family diet and the pediatrician's number by the phone. They don't have access
  • Parents push for autism therapy coverage. In Washington state, Reza and Arzu Forough pay more than $1,000 a week for behavior therapy for their 12-year-old autistic son. In Indiana, Sean and Michele Trivedi get the same type of therapy for their 11-year-old
  • Medicare says 'no' to bed sores. Hospitals will no longer get paid for some specific treatment errors, including infections, bed sores and objects left inside patients after surgery, under a new Medicare policy. Regulators at the Centers for Medicare and Medicaid
20
  • Mortgage market remains intact. Everybody knows how severe and painful the global financial breakdown has been, with banks unwilling to lend even to other banks. But what about mortgages and real estate? Can you still get a home loan
19
  • Fixing common money mistakes. Everybody makes mistakes. But when it comes to money, even little errors can prove devastating. Bruce McClary, communications director for Clearpoint Financial Solutions, recalls a senior on a tight budget who was getting along fine
16
  • Social Security benefits going up. Social Security benefits for 50 million people will be go up 5.8 percent next year, the largest increase in more than a quarter century. The increase, which will start in January, was announced Thursday by the Social
14
  • Both sides of the aisle see more regulation. For 30 years, the nation’s political system has been tilted in favor of business deregulation and against new rules. But that is about to change, now that the government has been forced to intervene in
  • $250 billion bank investment plan. President George Bush said this morning that the administration's "unprecedented and aggressive" plan to partly nationalize nine major banks was an "essential short term measure to ensure the viability " of a battered financial system. With
13
  • Heavy debts lead some to commit insurance fraud. Burdened by debt and driving home from a night of gambling in West Virginia, Sergio Lopez launched a scheme that at the time must have seemed like a good idea. He pulled his Volkswagen Jetta
  • Many cancer patients forgo care because of cost. At a time when they're already fighting for their lives, more cancer patients are now struggling to pay for their medicines. One in eight people with advanced cancer turned down recommended care because of the
10
  • Investors, bankers have lost confidence. With its alphabet soup of CDO and CDS and TAF and TARP, the current financial crisis can seem hopelessly complex. But it really boils down to one word: confidence. The global financial system is grinding
  • Mixed signals for mortgage giants. Reading the latest report from the federal regulator running mortgage finance giants Fannie Mae and Freddie Mac could give you whiplash. Fannie Mae and Freddie Mac had said at the end of June that they
  • Law equalizes coverage for mental care. An estimated 113 million Americans, including hundreds of thousands in the Washington region, will receive better insurance coverage for their mental health and substance abuse problems because of landmark legislation that for the first time requires
07
  • Europe prepares consumer rights plan. The European Commission will release a proposal on Wednesday to guarantee consumer rights across the 27-nation bloc, a move that is expected to help spur shopping online and across national borders. The legislation would require
  • Ford will let parents set speed limits for teens. Starting next year, Ford Motor will roll out a feature on many 2010 models that can limit teen drivers to 80 mph, using a computer chip in the key. Parents also have the option of programming the
  • Fears of recession deepen as markets plunge. The collapse of stock markets worldwide Monday reflects deepening concerns that government intervention won't be enough to stave off a potentially severe global recession. "Recession is unavoidable at this point," said Marc Pado, stock market
06
  • Dollar has surprising strength in weak economy. Stock markets are swooning, credit markets remain frozen, and some foreign officials are predicting that the United States will lose its status as a financial superpower. And yet the dollar — the most visible symbol of
  • Wells Fargo, Citigroup in tug of war over Wachovia. Wachovia and Citigroup lawyers spent the weekend in state and federal courts, sparring about Wachovia's decision Friday to break off its engagement with Citigroup after getting a better offer from Wells Fargo. Wachovia agreed on
05
  • $10.1-trillion national debt? Let's cut taxes!. Even before the current financial crisis, a federal budget deficit of nearly $500 billion was projected for next year. Now an additional $700 billion has been committed to bailing out Wall Street, not to mention as much
04
  • Rescue sweetened with tax incentives. The House of Representatives yesterday approved $107 billion in tax breaks for businesses and consumers as part of a sweeping financial rescue package designed to stave the credit crisis. Saddled onto the 450-page bill is a
 

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