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Congress fixed a Social Security problem for government retirees. It won't be cheap.

by Mitchell Hartman
Dec 23, 2024
About 3 million retirees would get full benefits in addition to pensions. As a result, Social Security could hit insolvency earlier.
Then-Social Security Commissioner Martin O'Malley testifies before the Senate in September.
Anna Rose Layden/Getty Images
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Why the U.S. is investigating the Chinese chip industry

by Sabri Ben-Achour
Dec 23, 2024
The Biden administration's probe into trade practices would open the door to tariffs on Chinese chips and the products that use them.
The Chinese government has given out subsidized loans and grants to domestic chipmakers.
Getty Images
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Asheville tea maker is “working hard to stay optimistic” after hurricane

by Amy Scott and Sofia Terenzio
Dec 23, 2024
Jessie Dean, owner of Asheville Tea Company, has sold out of her Christmas blends but is still waiting for affordable loans to rebuild.
"We've lost well over half of the revenue that we would have typically seen this time of year," says Jessie Dean of Asheville Tea Company. Above, storm debris bearing the company's logo.
Courtesy Jessie Dean
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Here's why consumer confidence dipped in December

by Caleigh Wells
Dec 23, 2024
Confidence was expected to continue to rise. Consumers cite inflation, politics and tariffs as factors they see influencing the economy.
Inflation beat out politics on the list of economic influencers in The Conference Board's December survey. Tariffs are one thing consumers are newly worried about.
Mario Tama/Getty Images
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More people are volunteering again after a big pandemic drop

by Samantha Fields
Dec 23, 2024
Nearly 76 million Americans volunteered in 2023, up from about 60 million in 2021, a survey from AmeriCorps and the Census Bureau says.
Hundreds of people lined up for an outdoor mobile food pantry hosted by City Harvest in Sunset Park, Brooklyn, on a recent December morning.
Samantha Fields/Marketplace
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That Anthem scandal was about more than you think

by Sabri Ben-Achour
Dec 23, 2024
A now-cancelled policy change by health insurer Anthem stirred controversy, and it's emblematic of a broader tension between insurers and health care providers.
“Anthem is trying to find a way to cut the prices it’s paying to anesthesiologists between contract negotiations,” said Matthew Fiedler at the Brookings Institution.
A.J. Mast/Getty Images
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LG phases out Blu-ray players as streaming strikes another blow to physical media

by Henry Epp
Dec 23, 2024
But relying only on streaming services can make accessing some shows and movies more challenging for consumers.
Depending on streaming services to watch shows and films instead of using VHS tapes, DVDs and Blu-ray discs can make accessing them tricky if they're nixed from platforms.
Justin Sullivan/Getty Images
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How a $7 billion investment in clean hydrogen could cut the refining industry's "carbon intensity"

by Elizabeth Trovall
Dec 20, 2024
A hub launched last month on the Gulf Coast, where hydrogen production is essential to refining and ammonia production.
The Air Liquide plant in La Porte, Texas, supplies hydrogen to refiners along the Gulf Coast.
Elizabeth Trovall/Marketplace
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I've Always Wondered ...

What should you do if you misplace a savings bond, or the owner dies? 

by Janet Nguyen
Dec 20, 2024
You can fill out forms available on the government’s TreasuryDirect site in order to claim a missing bond or redeem a bond that belonged to a person who’s now deceased.
Misplaced your savings bonds? There's a form for that.
Jitalia17/Getty Images
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Winnebago’s revenue dropped 18% this quarter

by Stephanie Hughes
Dec 20, 2024
The company pointed to a “challenging macroeconomic environment.”
Gabe LHeureux/Getty Images
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