Your Money

Financier Ken Griffin has been slammed on chat rooms like WallstreetBets.

Economy

Ken Griffin: The Hedge Fund Titan In The Middle Of The Reddit Investing Revolt

2:50pm February 04, 2021

by Ryan Kailath

Ken Griffin's investment firm Citadel became embedded in the in GameStop trading controversy. Citadel has a hand in nearly every corner of the financial system.

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The White House says President Biden's COVID-19 economic rescue plan, including an expanded child tax credit, would help cut child poverty in half.

Biden Plan To Expand Child Tax Credit Could Help Lift Millions Of Kids Out Of Poverty

2:24pm February 04, 2021

by Steve Inskeep

The president wants to expand the federal child tax credit for lower-income households. "In one fell swoop, it'll essentially lower the child poverty rate by more than 40%," says analyst Chuck Marr.

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Life Below $15 An Hour: Workers On The Potential Federal Minimum Wage Hike

4:36pm February 03, 2021

Congress is debating whether to hike the federal minimum wage as part of the latest coronavirus relief package. NPR hears from workers who make minimum wage and traces the history of the minimum wage.

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Angry online traders looking for the Robinhood stock app should also not cast blame on the 1938 movie The Adventures of Robin Hood, starring Errol Flynn and Olivia de Havilland.

Economy

'Robin Hood' Groups Win New Fans, Thanks To GameStop Controversy

2:03pm January 29, 2021

by Bill Chappell

The Robin Hood anti-poverty charity in New York City, for example, says it's seeing a new boost in donations this week. In some cases, donors said the money came from their GameStop stock profits.

The nearly 5,600-page legislative package that Congress passed in December includes new laws regarding aid to rural hospitals, funds for training more physicians, modest improvements in mental health care parity, and medical bill transparency.

Beyond COVID-19: 4 Other Key Health Issues Congress Recently Addressed

5:00am January 28, 2021

by Emmarie Huetteman

The huge spending bill Congress passed last month included aid to rural hospitals, training for new doctors, new rules regarding mental health coverage and requirements for billing transparency.

Mikkel and Kayla Kjelshus' daughter, Charlie, had a complication during delivery that caused her oxygen levels to drop and put her at risk for brain damage. Charlie needed seven days of neonatal intensive care, which resulted in a huge bill — $207,455 f

'Birthday Rule' Blindsides First-Time Parents With A Mammoth Medical Bill

6:15pm January 27, 2021

by Cara Anthony

An insurance regulation known as "the birthday rule" is tripping up couples who are putting their newborn children on the wrong policy and risk losing thousands of dollars.

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Several brands of cereal boxes fill the shelves at a grocery store.

Is Your 401(k) Colluding To Make Cereal More Expensive?

6:31am January 26, 2021

by Greg Rosalsky

A new study investigates whether common ownership of cereal makers by institutional investors is leading them to become a kind of stealth monopoly.

Supporters rally outside the U.S. Treasury Department in 2019 to demand that American abolitionist Harriet Tubman's image be put on the $20 bill.

Biden Administration Will 'Speed Up' Efforts To Put Harriet Tubman On $20 Bill

4:27pm January 25, 2021

by Laurel Wamsley

Press secretary Jen Psaki said it's important that "our money ... reflect the history and diversity of our country." The effort to redesign the $20 bill foundered during the Trump administration.

President Biden Will Extend Student Loan Payment Freeze Through Sept. 30

3:14pm January 20, 2021

by Elissa Nadworny

He plans to ask the Education Department to extend pandemic relief for about 41 million federal student loan borrowers.

Didn't Get Enough Financial Aid For College? You Can Ask For More Money

12:13pm January 17, 2021

by Elissa Nadworny

The FAFSA uses tax data from two years ago to determine a student's eligibility for financial aid for college. But if your financial situation has changed since then, there are ways to get more money.

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