Two months after Verizon revamped its unlimited data plans to severely throttle video, the wireless provider is once again tweaking the system, announcing that customers with “unlimited” data plans can finally watch all their videos in high-definition… if they’re willing to pay an additional $10/month for the privilege. [More]
costs
Scientists Genetically Modify Pigs For Leaner, Crispier Meats
Soon, instead of leaving your bacon in the frying pan — on the verge of burning — in order to get that crispy, crunchy meat, you could just buy crispier bacon from the get-go. Scientists say they have developed genetically modified pigs meant to reduce costs for farmers, while providing consumers with leaner meat. [More]
The Average Nursing Home Room Now Costs Nearly $100K Per Year
Sure, you might be a spry 30-something living your best life, leaving the future for the future. But a new report suggests you might want to start planning for you later years, as the costs of long-term care are surging and don’t appear to be stabilizing anytime soon. [More]
Insurance Won’t Cover Damage To 80% Of Homes Flooded By Hurricane Harvey
When the flood waters left behind by Hurricane Harvey eventually recede, they will leave behind billions of dollars in property damage. However, a large majority of homeowners will likely have to spend their own money to make their homes livable again. [More]
4 Things LuLaRoe Sellers Say About The Stress & Cost Of Their Job
LuLaRoe, best known as the company behind the lycra leggings that at least six of your high school friends are trying to sell through Facebook, markets itself to freelance “consultants” as a possible pathway to financial independence and stability. But once again, LuLaRoe sellers are coming out of the woodwork to allege that this job is putting stress on their well-being, financially and physically. [More]
1-In-4 Families Don’t Seek Medical Attention Because Of Financial Worries
With the latest reports suggesting that the American Health Care Act — a budget resolution intended to repeal and replace much of the Affordable Care Act — would leave more than 23 million consumers without insurance and facing higher out-of-pocket costs, it’s no surprise that consumers are a bit uneasy when it comes to their healthcare. In fact, a new survey suggests that in the face of rising costs, some families are foregoing medical care to save a few — or a few thousand — bucks. [More]
States To Education Secretary DeVos: Stop Delaying Loan Forgiveness For Students Deceived By Corinthian Colleges
Two months after the Attorneys General from dozens of states sent letters to former students of defunct for-profit college chain Corinthian Colleges reminding them to apply for federal student loan discharges, a number of those same state officials are calling on Education Secretary Betsy DeVos to stop delaying loan forgiveness. [More]
American Students Moving To Europe For Free College
With the average recent college graduate leaving campus with a diploma and $30,000 in debt, it’s no surprise that would-be-students are looking for ways to get an education without taking on such a financial burden. While they could opt to live in certain cities or states, or go to work for any of a number of the companies offering free schooling, many are moving… to Europe. [More]
Coca-Cola, Pepsi Will Pull 2-Liters From Philadelphia Over Soda Tax
The recently enacted sugary drink tax in Philadelphia has not been without controversy, including a soda industry lawsuit, unhappy consumers, and push back from lawmakers. The two biggest names in soda are now making drastic changes to the products they offer — and the people they employ — and blaming it on the tax. [More]
Wegmans Changes Price-Comparison Signs After Costco Complaint
Price-comparison ads at Wegmans will soon be getting a bit of a makeover following an ad watchdog’s suggestion that the grocer modify in-store displays in response to a Costco complaint that the low-cost price comparisons were misleading and false. [More]
Class-Action Lawsuit Claims Chicago McDonald’s Value Meals Aren’t A Value
Typically, it’s less expensive to purchase a bundle of fast food items than individual items to make a meal. Or at least that’s the thought behind value meals, hence the word “value.” But one Chicago man says that’s just not the case at several restaurants in the city, and now he’s suing the franchisee that runs them.
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4 Things We Learned From Costco CEO Craig Jelinek
Costco warehouse stores are big, gray, and decidedly un-sexy, but that has not stopped the wholesale club from attracting shoppers, including some who talk to their friends about Costco the same way you might talk about must-read book. [More]
6 Things You Should Know About Heather Bresch, The CEO Behind EpiPen Price Hike
As you may have heard, the cost of a life-saving EpiPen from drug maker Mylan increased as much as 600% in just nine years, causing lawmakers and health advocates to call on the drug company — and its CEO Heather Bresch — to lower the cost and provide answers for its increase in the first place. But that could be difficult given the executive’s personal connections not only to the medication, but one legislator. [More]
The Hidden Rewards Miles Charge You Should Know About
It can take time — and a lot of money — to save up enough airlines rewards miles to take the trip of your dreams. But imagine amassing the miles you need for a flight to Europe only to be hit with a $700 surcharge.
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Southwest Outage Could Cost Airline As Much As $82 Million
Three weeks ago, Southwest Airlines was hit by a massive, days-long outage, disrupting 2,000 flights and spoiling travel plans for countless passengers. CEO Gary “I’m Not Going Anywhere” Kelly later described the debacle as a “once-in-a-thousand-year flood,” and now we have some idea of just how much that flood will cost the airline. [More]
Private Healthcare Providers Are Making Big Bucks Contracting With Prisons
When you think of big business, you probably think of an industry like banking, but it turns out that one of the bigger businesses out there happens to be prisons — both private and federal. While we already know that financial institutions benefit from others, collecting tens of millions of dollars every year from inmates’ families in fees for basic financial services, the healthcare industry has also found a veritable goldmine by contracting services to prisons and jails across the country. [More]
An Oversupply Of Cheese & Meat Hurts Producers; Means Better Prices At The Store
Supply and demand: the push and pull of time, money, materials, and desire that influences the price and availability of all commodities. An overreaction to a shortage today can result in a glut a few years from now, and vice versa. So how did we end up with the current overabundance of cheese, meat, and grains in the U.S.? [More]