Ryan Kailath

Latest Stories (99)

CBO score tallies how many will be covered by revised GOP health plan

May 24, 2017
The Congressional Budget Office will release its assessment, or “score,” of the House GOP’s revised health plan this afternoon. When the first draft was released back in March, the CBO estimated 24 million people would lose health insurance under that plan. Among the questions are, will this revised plan cover more people than the last […]

Penn Station is a drag for commuters and the economy

May 23, 2017
Delays at the train depot ripple through the economy of the entire East Coast, an expert says.
Evening commuters make their way toward a New Jersey Transit train platform at Penn Station in New York City.
Drew Angerer/Getty Images

Americans are borrowing more, creating record debt

May 18, 2017
The New York Federal Reserve says Americans are borrowing again — everything from student loans to auto loans to mortgages. According to the New York Fed, household debt has reached a record high, even higher than the previous peak, during the credit bubble in 2008. The report’s findings don’t mean Americans have learned to be […]

Fewer couples have joint bank accounts. Why?

May 15, 2017
About 22 million Americans who are either married or living together keep separate bank accounts. That’s according to a recent survey by the personal finance site Bankrate.com. It also found that younger couples are more likely to keep their money separate. Click the audio player above to hear the full story.

Yale to help policymakers deal with the financial crisis in real time

May 12, 2017
Ever since the world economy broke in 2008, policymakers have looked for ways to keep it from breaking again. But there’s another important lesson to learn: how to put it back together. Yale University is creating a tool to offer real-time guidance to central bankers and others while they deal with a financial crisis.  Click […]

If Snap wants better earnings, Wall Street watchers say it needs more users

May 11, 2017
Snapchat’s first quarter earnings fell short of expectations on many fronts, and that has investors wondering if Instagram and its owner, Facebook, are beating Snap at its own game. Instagram and Facebook have copied many popular features of Snapchat and its “stories” platform, and they have the bigger user base in place that Snap wants […]

On Fifth Avenue, vacancy rates spike along with rents

May 4, 2017
Stores on the world's most expensive retail strip are fleeing high rents.
A retail space is available for rent on Fifth Avenue in New York, where rents and vacancies have spiked.

This new real estate site is aimed at first-time buyers

May 4, 2017
The real estate site Zillow has launched a new tool aimed at first-time home buyers on realestate.com. It features a calculator that adds up the expenses of owning a home, like property taxes and utilities — the kind of things that new buyers don’t always expect or budget for. It’s designed to help ease the […]

Property insurers report the worst first-quarter profits in more than 20 years

May 2, 2017
When you buy insurance for your car or your house, you and your insurance company hope you’ll never have to use it. Well, not so much in 2017. Property insurers are reporting the worst first-quarter profits in more than 20 years.  You can blame hailstorms, ice storms, tornadoes—the kind of severe weather that contributes to […]