Tag Archives: MoneyWatch

Who are Todd and Julie Chrisley? What to know about Trump’s pardon of couple convicted of fraud.

Reality television stars Todd and Julie Chrisley were pardoned Wednesday by President Trump. The couple have been incarcerated since 2022 after being found guilty of bank and tax fraud.  Todd Chrisley, 57, has been serving a 12-year sentence at Florida’s FPC Pensacola minimum-security men’s federal prison with a release date of …

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Jessica Alba says she’s departing role as chief creative officer at Honest to pursue “new endeavors”

Jessica Alba, who shot to fame in the James Cameron television series “Dark Angel,” as well as films such as “Sin City” and the “Fantastic Four,” will step down as chief creative officer at Honest Company, a personal care company that she founded. Alba will keep a seat on the …

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Fashion designer Peter Nygard lured and drugged sexual asault victims, suit alleges

Canadian fashion executive Peter Nygard, his companies and certain employees are being sued by more than a dozen of Nygard’s alleged victims, who claim they were sexually assaulted after being lured with offers of modeling contracts and party invitations.  Nygard, Nygard International and others are named in a suit filed …

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A guide to long

If you’re wealthy, you’ll be able to afford help in your home or care in an assisted living facility or a nursing home. If you’re poor, you can turn to Medicaid for nursing homes or aides at home. But if you’re middle-class, you’ll have a thorny decision to make: whether …

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Cigna accused of using an algorithm to automatically reject patient claims

Cigna is using an algorithm to review — and often reject — hundreds of thousands of patient health insurance claims, a new lawsuit claims, with doctors rubber-stamping those denials without individually reviewing each case.  The class-action suit, filed in the U.S. District Court in Sacramento, alleges that Cigna’s actions violate …

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Education was once the No. 1 major for college students. Now it’s an afterthought.

Five decades ago, the U.S. was training an army of college students to become teachers, with 1 in every 5 bachelor’s degrees earned in the field of education. That guaranteed a steady pipeline of educators entering the profession, a vital resource for schools around the country, and for the economy …

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Massachusetts lawmakers target “affirmative action for the wealthy”

So-called legacy college admissions — or giving preference to the children of alumni — is coming under new scrutiny following the Supreme Court’s ruling last week that scraps the use of affirmative action to pick incoming students.  Lawmakers in Massachusetts are proposing a new fee that would be levied on …

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What stores are open and closed on Juneteenth

Juneteenth, a celebration of the end of slavery in the U.S., has been recognized as a federal holiday since 2021. All non-essential federal offices are closed Monday, as are banks, the stock market and the U.S. Postal Service. Although most private-sector employers also recognize the holiday, retail and grocery stores largely …

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The FDA just set arsenic levels for apple juice. The level could hurt kids, Consumer Reports says.

The U.S. Food and Drug Administration has set limits for inorganic arsenic in apple juice, but Consumer Reports argues that the level is still too high and could harm children who consume the popular drink.  The FDA on Thursday announced it is setting the limit of 10 parts per billion as an …

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Feds probe whether baby formula makers broke the law in bidding for state contracts

Federal regulators are investigating whether baby formula makers broke the law in bidding for state contracts.  The Federal Trade Commission last year launched a probe into the baby formula crisis. As part of that investigation, the agency in January sent an information request to formula maker Abbott Laboratories, according to …

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