GOP leaders accuse Democrats of ‘gagging’ insurance companies’ criticism of health care billWASHINGTON — Republican lawmakers rebuked the Obama administration Tuesday for telling health insurance companies to stop warning elderly customers they’ll lose benefits in health care legislation, which some equated to a gag order. Dem chairman calls for health care assistance for families as Senate committee begins workWASHINGTON — Bidding for support from Democrats as well as a single Republican, the chairman of the Senate Finance Committee gaveled open a long-awaited debate over health care Tuesday with fresh plans to reduce costs on working-class families and impose new obligations on the insurance industry. A new frame of mind: Meltdown has led consumers to take control of their money mattersNEW YORK — If the Great Recession has taught people one thing, it’s this: They need to take charge of their finances. Wall Street underwriters fined, restitution ordered over communications failures in Vonage IPOWASHINGTON — An independent securities industry regulator on Tuesday announced fines totaling $425,000 against three Wall Street firms over supervisors’ alleged failures to prevent customers from getting faulty information about a 2006 initial public offering. Study finds recession has led to spending cuts for people in every income levelNEW YORK — Across all income levels, the recession has led shoppers to reevaluate their spending and adopt cost-saving strategies — and people say those new habits will last even after the economy recovers. Baucus changes health bill to address affordability concerns of fellow senatorsWASHINGTON — The chairman of the Senate Finance Committee was revising his sweeping health care bill Monday to address serious concerns from fellow Democrats and a key Republican about insurance costs, part of his ongoing struggle to deliver on President Barack Obama’s top domestic priority. Recession’s impact: Census data show longer commutes, delayed marriage, fewer immigrantsWASHINGTON — A broad survey of Americans has provided striking measures of the recession’s effect on life at home and at work: People are now stuck in traffic longer, less apt to move away and more inclined to put off marriage and buying a house. New ways to think about post-meltdown investing: Diversify more broadly, raise skepticismBOSTON — Stocks always rise over the long haul. Bonds are for retirees and investors with little taste for risk. Companies rarely cut their dividends. FACT CHECK: Obama says insurance mandate is not a tax, but legislation says otherwiseWASHINGTON — Memo to President Barack Obama: It’s a tax. Sen. Max Baucus changes his health care bill to reflect concerns of Democrats, key RepublicanWASHINGTON — The chairman of the Senate Finance Committee was revising his sweeping health care bill Monday to address serious concerns from fellow Democrats and a key Republican about insurance costs, part of his ongoing struggle to deliver on President Barack Obama’s top domestic priority. Baucus changing health bill to address affordability concerns of fellow DemocratsWASHINGTON — The chairman of the Senate Finance Committee was revising his sweeping health care bill Monday to address serious concerns from fellow Democrats and a key Republican about insurance costs, part of his ongoing struggle to deliver on President Barack Obama’s top domestic priority. HHS investigates Humana Medicare mailer warning seniors on health overhaulWASHINGTON — The Obama administration warned insurance companies Monday they face possible legal action for allegedly trying to scare seniors with misleading information about the potential for lost benefits under health care legislation in Congress. Calif. panel to recommend major tax overhaul, designed as a fix for out-of-control budgetingSACRAMENTO, Calif. — A special commission this week is scheduled to recommend a sweeping overhaul of California’s antiquated tax system, a move designed to bring fiscal sanity to a budgeting process plagued by wide revenue swings and perpetual deficits. A return from ‘fairyland’: Meltdown shakes up consumers’ money views, investing habitsCHICAGO — The stock market bounced back, just as it has for nearly three decades. It just doesn’t feel that way. At meeting this week, Fed policymakers likely to maintain aid programs to boost economyWASHINGTON — With the economy starting to rebound but still fragile, Federal Reserve policymakers this week are expected to keep emergency programs to encourage spending and borrowing intact. But to avoid unleashing inflation later on, they are likely to consider ways to rein in programs designed to keep mortgage rates down and get banks to lend more freely. Vexing issue of long-term health care for seniors, disabled absent from raging US debateMIAMI — Gillian Lloyd’s parents did everything right: They saved compulsively for their retirement and brought aides into their home when they needed help. Yet they still face impossible questions of how to continue paying for care in their final years. Who’s who: A look at the 23 members of the Senate Finance Committee as they debate health careThe Senate Finance Committee begins work on a health care overhaul bill Tuesday. A look at the committee members: Government not promising big results for new mortgage relief effortWASHINGTON — Dial back the pie-in-the-sky projections. Moody’s changes outlook on Sonic Auto debt to positive from negative, affirms junk ratingsNEW YORK — Moody’s Investor Service on Friday affirmed the junk status of corporate family debt held by Sonic Automotive but it changed its outlook to positive from negative. What will your surgery cost? That depends, and the answer isn’t simpleCHICAGO — Flower shop owner Bob Hausheer would like to know why he can’t walk into a doctor’s office and see a list of prices. Asian markets retreat after big gains; Nikkei down amid troubles at major finance firmBANGKOK — Asian markets were mostly lower Friday after setting new highs for the year, with Tokyo shares down nearly 1 percent amid news a major Japanese consumer finance firm was unable to pay its debts. European shares fell. Banks reduce emergency borrowing from Federal Reserve as credit stresses easeWASHINGTON — Banks reduced their borrowing from the Federal Reserve’s emergency lending facility over the past week, and cut back their use of other programs designed to ease the financial crisis. Survey: professors, researchers sought out investment advice in market downturnDES MOINES, Iowa — A recent survey of retirement account investors at colleges and universities shows even professors and researchers sought out investment advice as the stock market downturn began draining retirement accounts. Gov’t aid makes loans for homes and cars cheap. Just 1 problem: banks not so eager to lendNEW YORK — It’s a good time to borrow money for a home, car or small business. House passes college aid bill, boosting Pell Grants, killing subsidized student loansWASHINGTON — The House has voted in favor of the biggest overhaul of college aid programs since their creation in the 1960s — a bill to oust private lenders from the student loan business and put the government in charge. Regulators consider ban on upfront payments for loan help; file charges against 2 firmsWASHINGTON — The head of the Federal Trade Commission said Thursday the agency is considering banning upfront payments to companies that advertise help for borrowers who are in trouble on their home loans. FTC considering ban on upfront payments for loan help; files charges against 2 firmsWASHINGTON — The head of the Federal Trade Commission said Thursday the agency is considering banning upfront payments to companies that advertise help for borrowers who are in trouble on their home loans. US households see wealth grow for first time in nearly 2 years as stocks, homes gain groundWASHINGTON — For the first time in two years, Americans actually got a little wealthier. House college aid bill would boost Pell Grants, kill subsidized student loansWASHINGTON — The House voted Thursday in favor of the biggest overhaul of college aid programs since their creation in the 1960s — a bill to oust private lenders from the student loan business and put the government in charge. Baucus plan would improve health care access but costs could still be a barrier for someWASHINGTON — You’re a 51-year-old single mother raising two kids and juggling a mortgage and a car loan. Because you’re self-employed, getting health insurance has always been a problem. Under the new Senate plan, you still might have to stretch your budget to pay premiums even if the coverage is more secure. |
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