Ted Cruz was a frugal spender when he ran for president earlier this year. Four super PACs supporting the Republican senator from Texas raised $45 million. But after Cruz dropped out of the race in May, some of those donors got a lot of their money back. Energy investor Toby Neugebauer donated $10 million to […]
Category: Personal
Justice Department Investigation Pharmaceutical Collusion and Anti-Trust Claims
Generic drugmaker Mylan is one of the companies reported to be the subject of a Justice Department investigation into pricing of generic drugs. The Justice Department is investigating the pricing practices of several generic drug manufacturers because the list prices of many older medications have risen in lockstep in recent years. That investigation could lead […]
Cancer deaths anticipated to increase 60% by 2030 for Women
(CNN) — The number of women dying worldwide from cancer is expected to rise to 5.5 million by 2030, roughly the equivalent population of Denmark, according to a new report from the American Cancer Society (PDF). Those numbers would be an increase of almost 60% from cancer death rates in 2012, when 3.5 million women […]
Ballot initiatives 2016: Five more states may make pot legal
Either Hillary Clinton or Donald Trump will be a winner on Nov. 8, but in a number of states, pot smokers may come out ahead as well. Election Day might be a major turning point for the marijuana reform movement because five states have ballot initiatives that would legalize cannabis for adult use, regulating and […]
Northeastern States Hold Key to Federal Legalization of Marijuana
BOSTON — Having proven they can win in the West, advocates for recreational marijuana hope the Nov. 8 election brings their first significant electoral victories in the densely populated Northeast, where voters in Massachusetts and Maine will consider making pot legal for all adults. Supporters believe “yes” votes in New England would add geographical diversity […]
Mail Fraud: Scammers Posing as IRS via USPS
Criminals are constantly finding new ways to con Americans out of money, and the latest attempt involves thieves claiming to be from the IRS. And while IRS scams have been around for years, fraudsters are carrying them out in new and different ways every day — so it’s crucial for consumers to stay up to date on how to […]
Government Waste: Defense Department overspent 54 Million Dollars On EpiPens
It looks like taxpayers didn’t just overpay for EpiPens purchased through Medicaid. According to a new report, the Department of Defense has been paying almost full retail price for the expensive emergency allergy treatment. This is according to a Reuters analysis of available data, which found that many of the EpiPens paid for by the […]
Broccoli May Hold Key to Fountain of Youth
Fine lines creeping across your face, and the inevitable aches and pains that come with your advancing years— if you, like most, want to delay the depressing signs of aging, new research suggests a simple answer: Eat your greens. Evidence suggests it’s more than just an old wives tale, and that by eating more broccoli, […]
Obama Care Premiums Will Jump Double Digits
WASHINGTON — Premiums will go up sharply next year under President Barack Obama’s health care law, and many consumers will be down to just one insurer, the administration confirmed Monday. That will stoke another “Obamacare” controversy days before a presidential election. Before taxpayer-provided subsidies, premiums for a midlevel benchmark plan will increase an average of […]
Diet Sodas Can Double Your Risk of Diabetes
Drinking two servings of carbonated soda — even the diet kind — could double the risk of diabetes, according to a Swedish study. Research by the Karolinska Institute on 2,800 adults found that those who consumed at least two 6½ ounce servings of soft drinks daily were 2.4 times as likely to suffer from a […]
Social Mobility is Stagnant
That’s because, in large part, inequality starts in the crib. Rich parents can afford to spend more time and money on their kids, and that gap has only grown the past few decades. Indeed, economists Greg Duncan and Richard Murnane calculate that, between 1972 and 2006, high-income parents increased their spending on “enrichment activities” for their […]
FDA Bans Anti-Bacterial Soaps
The Food and Drug Administration is banning the sale of antibacterial soaps and body washes after manufacturers failed to prove that the products’ active ingredients are safe and effective. “Consumers may think antibacterial washes are more effective at preventing the spread of germs, but we have no scientific evidence that they are any better than […]