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News

2017

August

08
  • Universities hit students with whopping collection fees. A little-known Virginia statute requires public colleges and universities to shuttle student accounts of less than $3,000 that are 60 days past due to private debt collectors. Those companies can charge up to 30 percent of…
  • Hire women your mom's age. According to the Bureau of Labor Statistics, nearly half — 48.8 percent — of women aged 55 to 64 are among the long-term unemployed.
07
  • Fight over right to sue nursing homes heats up. Consumer groups are making a last ditch effort to stop the Trump administration from stripping nursing home residents and their families of the right to take facilities to court over alleged abuse, neglect or sexual…
  • The debt-ceiling crisis is real. Sometime in October, the United States is likely to default on its obligation to pay its bills as they come due, having failed to raise the federal debt ceiling. This will cost the Treasury tens…
05
  • Martin Shkreli is found guilty of fraud. Martin Shkreli, 34, has confidently courted controversy in recent years, bulldozing his way into Wall Street and the drug industry, raising the price of a lifesaving drug by 5,000 percent overnight, boasting that he would…
04
03
  • Congress should jump at chance to side with consumers. Fine print has never been the friend of consumers, and in recent years the perils have escalated as financial institutions have drawn up clauses that deny customers effective redress in disputes. To counteract that, the…
  • There's money to be made in taking complaints. A new breed of human resources start-ups is cropping up to help companies figure out how their employees feel. Like Glint, Convercent lets companies send customized “pulse” surveys, gather confidential responses in real time, and…
 

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