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Money-Market Funds Just Got Safer..Or Did they?

Posted on 07/25/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsAfter years of debate, the Securities and Exchange Commission this week finally adopted new rules designed to shore up the stability of the $2.6 trillion money market  industry. The question now is, will it help? While the changes largely affect institutional investors, one provision also applies to small investors by temporarily restricting their access to their money if a fund has liquidity problems. For decades money market funds were seen as reliably boring, investing in government securities or high-grade corporate debt. Though the funds’ …

Need a Job? This Search Tool May Help

Posted on 07/22/2014 by |Money and Work | Comments

Bulletin Today | WorkLooking for work? A new interactive mapping tool helps job seekers pinpoint the cities, counties and states with the best opportunities for their particular skills. Users plug in their occupation, and a free, color-coded U.S. map from Glassdoor, a job search website, highlights the areas with the most job openings for their line of work. A nurse who clicks on the map, for example, will find that Texas has more than 40,000 openings. Zoom in further and the map will show that Dallas alone …

Facebook No Friend of Its 401(k), Survey Says

Posted on 07/22/2014 by |Senior Editor, Money Team | Comments

Bulletin Today | Money & SavingsConocoPhillips Co. has the best 401(k) plan for workers, while Facebook Inc., Amazon.com Inc. and Whole Foods Market Inc. offer some of the worst, according to a Bloomberg News survey of the 250 largest public companies in the country. In fact, ConocoPhillips’ plan is so generous – contributing 9 percent of workers’ pay if workers kick in 1 percent – that after 35 years an employee can end up a multimillionaire, Bloomberg said. According to the Houston-based oil and gas producer’s own …

Health Law Rulings Conflict, but Subsidies to Continue

Posted on 07/22/2014 by |General News | Comments

Bulletin TodayBy the Associated Press WASHINGTON — President Barack Obama’s health care law is enmeshed in another big legal battle after two federal appeals courts issued contradictory rulings on a key financing issue within hours of each other Tuesday. A divided court panel in Washington called into question the subsidies that help millions of low- and middle-income people pay their premiums, saying financial aid can be paid only in states that have set up their own insurance markets, or exchanges. About …

How Medicare Might End Surprise Nursing Care Penalties

Posted on 07/22/2014 by |Health | Comments

Bulletin Today | Personal HealthBy Susan Jaffe for Kaiser Health News Medicare officials have allowed patients at dozens of hospitals participating in pilot projects across the country to be exempted from the controversial requirement that limits nursing home coverage to seniors admitted to a hospital for at least three days. The idea behind these experiments is to find out whether new payment arrangements with the hospitals and other health care providers that drop the three-day rule can reduce costs or keep them the same …

$190M for Victims of Doctor’s Secret Exam Photos

Posted on 07/21/2014 by |Personal Health and Well-being | Comments

Bulletin TodayJohns Hopkins Hospital in Baltimore, one of the world’s most respected medical centers, announced it will pay a record $190 million to settle a class-action lawsuit by more than 8,000 women accusing a hospital gynecologist of secretly taking photos and videos of his patients’ pelvic exams. The lawsuit alleges that Nikita Levy used tiny hidden cameras, including one in his pen, to record the exams. After a coworker alerted authorities about her suspicions, Levy was fired in February 2013, the …