Your Money

Wealthy San Francisco Neighborhood Fails To Pay Taxes, Loses Private Street

6:14pm August 07, 2017

by Camila Domonoske

After a series of $14 tax bills went unnoticed, San Francisco auctioned Presidio Terrace off to the highest bidder — a couple from San Jose. They're thinking of charging residents to park there.

Man Tax? It's An Option, Says Owner Of Cafe That Is 'By Women, For Women'

2:11pm August 07, 2017

by Bill Chappell

Despite a spirited discussion on social media, the shop reports a positive response from customers — including men who happily pay extra.

Senate Majority Leader Mitch McConnell, R-Ky., joined by fellow Senate Republicans, holds a news conference on Capitol Hill on Tuesday, Aug. 1, 2017.

After Health Care Collapse, GOP Seeks Redemption With Tax Cuts

5:00am August 04, 2017

by Susan Davis

Congressional Republicans are shifting their focus to legislation to overhaul the federal tax code. They want to send a bill to President Trump by Thanksgiving.

Why America's Wages Are Barely Rising

6:16pm August 03, 2017

by John Ydstie

Economists say the pickup in wages has been sluggish. One possible reason is that high-earning baby boomers are leaving the workforce. And some people aren't looking to work because wages are too low.

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A Wells Fargo Bank branch office in San Francisco. The bank acknowledges it signed up nearly 500,000 auto-loan customers for insurance they didn't need.

Economy

Who Snatched My Car? Wells Fargo Did

6:02pm August 02, 2017

by Chris Arnold

Wells Fargo is facing another scandal. This time, the bank acknowledges it signed up nearly 500,000 auto-loan customers for insurance they didn't need. Thousands lost their cars to repossession.

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Dow Tops 22,000, Helped By Apple Shares

4:16pm August 02, 2017

by Jim Zarroli

The Dow Jones Industrial Average topped 22,000 Wednesday and has bounced around, as trading continues. Apple shares are lifting the Dow to new heights. The broader S&P 500 Index is down slightly.

Kaiser Health News explores the role of pharmacy benefit managers in pricing drugs.

VIDEO: Little-Known Middlemen Save Money On Medicines — But Maybe Not For You

12:15pm August 02, 2017

Many people have never heard of pharmacy benefit managers. They're the companies that help insurers decide what drugs to cover and how much you pay for them.

Traders and financial professionals work on the floor of the New York Stock Exchange on Tuesday. Major stock indexes are in record territory.

Why The Stock Market's Rise Isn't Just A Trump Rally

8:01pm July 20, 2017

by John Ydstie

All major stock indexes — including the Dow — are in record territory, even though the Trump administration has failed to deliver on key legislative promises. But other factors are at play.

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In 2015, Los Angeles Mayor Eric Garcetti (center) signs into law an ordinance raising the city's minimum wage to $15 an hour by 2020. Though California isn't one of them, 27 states have passed laws requiring cities to abide by state minimums.

As Cities Raise Minimum Wages, Many States Are Rolling Them Back

11:23am July 19, 2017

by Yuki Noguchi

Legislatures and city halls are battling over who gets to set the minimum wage, and increasingly, the states are winning. Business groups argue that complying with disparate city laws is too complex.

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Teachers With Student Debt: The Struggle, The Causes And What Comes Next

5:00am July 16, 2017

by Anya Kamenetz

More than 2,000 teachers responded to our survey. Some called their student loan debt "an albatross around my neck," others simply said, "Help!"