Economy

A freight railroad strike could stop trains by Friday

5:08pm September 14, 2022

by Frank Morris

Freight railroads could stop rolling at midnight Friday unless negotiators head off a strike over working conditions. Congress could end a strike, but even a brief shutdown would hurt the economy.

Professionals beware: That new LinkedIn connection request may be part of a scam

4:43pm September 14, 2022

A new online scam involving LinkedIn is duping professionals into investing in cryptocurrencies, and then scammers steal their money.

The impact of a potential major railroad shutdown

4:43pm September 14, 2022

Grueling, unpredictable schedules are among the issues railroad workers are threatening to strike over. As a potential shutdown looms, here's a look at what the potential ramifications could be.

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How a freight train strike could throw your plans to travel by train off track

3:18pm September 14, 2022

by Frank Morris

Freight railroads could stop rolling at midnight Friday if negotiators don't stop a looming strike over working conditions. Congress could end a strike quickly, but a brief shutdown hurts the economy.

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Child poverty is at a historic low, according to the Census Bureau

7:20am September 14, 2022

by Jennifer Ludden

Experts say the federal child tax credit was a big reason for the drop. The expanded child tax credit ended in December, just as inflation was starting to climb to historic highs.

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Screening mammograms, like this one in Chicago in 2012, are among a number of preventive health services the Affordable Care Act has required health plans to cover at no charge to patients. But that could change, if the Sept. 7 ruling by a federal district judge in Texas is upheld on appeal.

How a Texas court decision threatens Affordable Care Act protections

5:00am September 14, 2022

by Harris Meyer

The ACA has required health insurers to provide many medical screenings and other preventive services with no out-of-pocket cost to health plan members. But a recent court decision could upend that.

Volunteers deliver water and other items to the homeless in Los Angeles. Poverty rates dropped in 2021 thanks in part to pandemic policy measures, but poverty advocates fear they will rise again without those measures in place.

Poverty and uninsured rates drop, thanks to pandemic-era policies

7:22pm September 13, 2022

Child poverty is at a historic low, according to Census bureau data, and the rate of those without health insurance dropped in 2021. But the good news may be short-lived, as policy measures expire.

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Inflation was hotter than expected in August

4:38pm September 13, 2022

by Chris Arnold

Inflation in August was worse than expected, raising concerns that the Federal Reserve will need to continue to lift interest rates aggressively in order to bring prices under control.

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Vehicles drive past a sign on the 110 Freeway warning of extreme heat and urging energy conservation during a heat wave in downtown Los Angeles on Sept. 2. Soaring electricity bills are pinching many household budgets across the country even as gasoline prices have come down.

Soaring electricity bills are the latest inflation flashpoint

9:21am September 13, 2022

by Scott Horsley

Inflation eased slightly in August thanks to falling gasoline prices, but the cost of many essentials continues to climb, including soaring power bills that are straining family budgets.

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Economy

News brief: Ukraine's war tactic, DOJ subpoenas Trump aides, Minn. nurses strike

8:06am September 13, 2022

Ukraine reclaims more territory as its counteroffensive gains momentum. The Justice Department issues new subpoenas in the Jan. 6 investigation. Thousands of nurses strike at 15 Minnesota hospitals.

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