Your Money

Consumer Financial Protection Bureau Director Richard Cordray, shown last October at a panel discussion in Richmond, Va., called Tuesday's vote "a giant setback for every consumer in this country. Wall Street won and ordinary people lost."

Senate Kills Rule On Class-Action Suits Against Financial Companies

5:48pm October 25, 2017

by Scott Neuman

The rule, released by the Consumer Financial Protection Bureau in July, was aimed at "forced arbitration" clauses in consumer agreements with banks and credit card companies.

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White House press secretary Sarah Huckabee Sanders has helped pitch the idea that the Republican tax overhaul plan would generate a "raise" for the average American family, though that is disputed.

Why You Shouldn't Count On The Promised $4,000 'Raise' From GOP Tax Plan

10:43pm October 24, 2017

by Danielle Kurtzleben

The White House's estimate of gains for the average American family rests on a lot of assumptions and is disputed by economists on the right and left alike.

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Lines like this one at a health insurance enrollment fair at the Ambrose Community Center in Bay Point, Calif., in 2014 may be longer this winter.

Limited Outreach, Shorter Sign-Up Time May Cause Insurance Headaches In 2018

10:13am October 24, 2017

by Michelle Andrews

The silver (or gold) lining may be that changes in premium pricing may mean some people could sign up for a better health insurance plan that costs them less money.

A trader at the New York Stock Exchange reacts on Oct. 19, 1987, when the Dow Jones industrial average plunged more than 22 percent — the biggest single-day drop in history.

The 30th Anniversary Of Black Monday: A Day That Made Wall Street Quake

6:13pm October 19, 2017

by Emily Sullivan

On Oct. 19, 1987, Wall Street had its single worst trading day ever. Even after three decades, Black Monday still marks the biggest one-day crash, and its impact continues to reverberate.

David Mifflin says there have been multiple unauthorized attempts to open credit cards in his name since his Social Security number was stolen.

After Equifax Hack, Calls For Big Changes In Credit Reporting Industry

9:28pm October 18, 2017

by Chris Arnold

The largest known theft of Social Security numbers in history has lawmakers, law enforcement and identity theft victims angry. They're calling for better security and other changes in the system.

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Equifax Hack Brings Renewed Attention To The Credit Reporting Industry

5:28pm October 13, 2017

by Kenneth Malone

Companies like Equifax, Experian and TransUnion know virtually every piece of our financial lives. The Planet Money team set out to understand where this multi-billion dollar industry came from.

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President Trump talks Thursday about an executive order to ease the way for groups of employers to offer health insurance. Later, the administration said it would halt subsidy payments to insurers.

Halt In Subsidies For Health Insurers Expected To Drive Up Costs For Middle Class

2:32pm October 13, 2017

by Alison Kodjak

The administration's move late Thursday was the second swipe that day at the insurance markets created by the Affordable Care Act.

President Trump spoke from the White House in July in an effort to promote health overhaul legislation. He's now trying to make changes through an executive order.

Trump Says He'll Sign Order To Expand Health Insurance Options

1:43pm October 10, 2017

by Alison Kodjak

Conservatives have long advocated for using association health plans to boost competition. But the result could be that healthy people pay less and sicker people are priced out of coverage.

Paul Melquist says he is frustrated that his insurance costs are so high because he would like to be able to do more for his grandchildren — Adalyn, Mason and Carys — in his retirement.

Steep Premiums Challenge People Who Buy Health Insurance Without Subsidies

12:30pm October 07, 2017

by Julie Rovner

Several million consumers who buy their own health insurance earn too much to qualify for government help to defray the cost.

A woman enters an All American Check Cashing location in Brandon, Miss., in May. The Consumer Financial Protection Bureau has proposed new rules to crack down on such lenders.

Economy

Consumer Watchdog Proposes New Rules On Payday Lenders

1:41pm October 06, 2017

by Scott Neuman

Regulations proposed by the Consumer Financial Protection Bureau would require lenders to determine whether customers can repay within 30 days before issuing a loan.