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Aimee Picchi/CBS News

Stories by Aimee Picchi/CBS News

  • Money

    Why your credit score could soon get bumped up

    by Aimee Picchi/CBS News on Mar 14, 15:30

    Credit scores can help determine how much you pay for a house or car, or even whether you need to put a deposit down on utilities. So it comes as good news for millions of Americans that they may find their credit-score getting a boost later this year. That’s because the three major credit-reporting agencies […]

  • US/World

    The sorry state of America’s working women

    by Aimee Picchi/CBS News on Mar 08, 13:01

    On International Women’s Day, it’s worth asking how American working women are doing compared with their counterparts in other developed countries. The answer: not great. On a number of fronts, American women who work outside the home are lagging their counterparts in countries such as Sweden, Mexico, Italy and Greece. U.S. women suffer from a […]

  • Health

    These Americans suffer from the most overdue medical debt

    by Aimee Picchi/CBS News on Mar 01, 22:31

    Getting sick in America can lead to complications aside from health issues: Unpaid medical bills remain a serious issue for millions of adults. Almost one out of four working-age adults said they had past-due medical debt in 2015, according to a new study from the Urban Institute. While that may seem shocking, it’s actually an improvement […]

  • Health

    Food stamps and sweets: Should they be kept apart?

    by Aimee Picchi/CBS News on Feb 22, 18:32

    The food-stamp program is credited with helping 44 million people in America afford groceries, providing what supporters say is a needed benefit for some of the country’s most vulnerable. Yet critics of the Supplemental Nutrition Assistance Program (SNAP) say the anti-hunger program is easily abused, and the latest questions about the program are stirring a […]

  • Money

    Young adults living with their parents hits a 75-year high

    by Aimee Picchi/CBS News on Dec 21, 13:14

    Pity both parents and the American housing market: Millennials are moving back home with their folks — and they aren’t moving out. Almost 40 percent of young adults lived with their parents, step-parents, grandparents and other relatives last year, or the highest point in 75 years, according to data from real estate analytics company Trulia. […]

  • U.S. Politics

    Donald Trump’s Cabinet: $14 billion of wealth and counting

    by Aimee Picchi/CBS News on Dec 09, 14:19

    Donald Trump succeeded in the election partly because of his vow to “drain the swamp,” meaning he’d take money out of Washington, D.C. Yet his Cabinet appointees represent a historic level of wealth and a break from the populist rhetoric that appealed to millions of middle-class voters. With many positions yet to be filled, Mr. […]

  • Money

    An end to wage stagnation: American incomes jump 5.2%

    by Aimee Picchi/CBS News on Sep 13, 15:34

    After years of stagnant income, American families are at last catching a break. Median household income jumped 5.2 percent last year, reaching $56,500, marking the first annual increase in median household income since 2007, before the recession started, the U.S. Census Bureau said Tuesday. In addition, the poverty rate last year declined to 13.5 percent, a 1.2 […]

  • Money

    Looking for a better paying job? Consider these fields.

    by Aimee Picchi/CBS News on Sep 05, 12:43

    It’s Labor Day, you’re probably attending a family function, and maybe part of you is also thinking about your job – and greener pastures. There’s a reason why many people may be pondering a job or career change: Wage growth has been disappointing for many Americans, and last week’s payroll report didn’t dispel the gloom. Average hourly earnings […]

  • Sci/Tech

    Another blow for VW owners: millions at risk for key hack

    by Aimee Picchi/CBS News on Aug 13, 12:45

    Volkswagen owners may have another headache on their hands: a security vulnerability that allows hackers to wirelessly unlock millions of cars. Unlike research into the security problems of recent tech innovations in cars, this hack involves an older piece of technology: the remote key fob. The researchers said their findings affect VW cars made between 1995 to […]

  • Money

    ​If you read ebooks, you may have a payment from Apple

    by Aimee Picchi/CBS News on Jun 21, 14:35

    If you read ebooks, you may have some money waiting for you, courtesy of a $450 million legal settlement from Apple (AAPL). On Tuesday, Apple will start giving credits and sending out checks to millions of ebook consumers, according to law firm Hagens Berman Sobol Shapiro LLP, which worked on the case. As part of the […]

  • Money

    Well-to-do millennials, part of the surprising clientele of dollar stores

    by Aimee Picchi/CBS News on Jun 17, 17:46

    Although dollar stores may offer a bargain, they’re increasingly attracting customers who don’t need to count their pennies. Well-off millennials are turning to dollar stores, attracted by their lower prices and more central urban locations than rivals such as Walmart (WMT) and Target (TGT). Young adults with annual income of at least $100,000 accounted for […]

  • Health

    ​America’s $3 billion cancer drug problem

    by Aimee Picchi/CBS News on Mar 01, 15:49

    American consumers are familiar with the phenomenon of package-shrink, when food manufacturers pack less coffee or sugar into a container but charge the same price. What happens when that strategy is flipped on its head by a life-saving but costly industry? Look no further than the pharmaceutical sector to find out. Some drugmakers are packaging […]

  • US/World

    At least 19 deaths linked to faulty GM cars

    by Aimee Picchi/CBS News on Sep 15, 14:45

    The number of people killed by faulty General Motors cars now stands at 19, significantly higher than the 13 deaths previously disclosed by the automaker. Nineteen death claims have been found eligible for the GM compensation fund that’s administered by attorney and compensation expert Kenneth Feinberg. That figure appears likely to rise, with fund deputy administrator Camille […]

  • US/World

    Fast-food workers strike across country, arrests made

    by Aimee Picchi/CBS News on Sep 04, 9:25

    Last Updated Sep 4, 2014 12:05 PM EDT Fast-food workers who say they aren’t lovin’ their wages are striking today in 150 cities to gain support for earning $15 an hour. The workers, organized under the “Fight for 15” banner, said they are taking a page from civil-rights leaders such as Martin Luther King, Jr. […]

  • Money

    The toughest places to live in America

    by Aimee Picchi/CBS News on Jun 28, 8:15

    Almost every county in the U.S. has its share of haves and have-nots. But there are some regions where it’s just plain harder for Americans to thrive, places where the poor far outnumber those living in middle-class comfort. Ten counties in America stand out as the most challenging places to live, based on a survey […]

  • US/World

    Business leaders say climate change threatens economy

    by Aimee Picchi/CBS News on Jun 24, 10:28

    While the impact of climate change typically draws environmentalists and political types to the issue, it’s now the focus of a group of high-powered executives who say Americans should view it as a business risk. In a report called “Risky Business,” business leaders including billionaire Michael Bloomberg and former U.S. Secretary of the Treasury and […]

  • Money

    This town boasts the priciest real estate in U.S.

    by Aimee Picchi/CBS News on Jun 10, 12:45

    Chances are, if asked to name the most expensive real estate markets in the U.S., you might answer Beverly Hills, New York City’s Upper East Side or Palm Beach, Florida. While those markets remain among the country’s highest priced, there’s one small California town that’s now ranked above the tried-and-true outposts of America’s high earners. […]

  • Lifestyle

    If U.S. taxes are so progressive, why the inequality gap?

    by Aimee Picchi/CBS News on May 13, 13:02

    In the debate over America’s increasing income inequality, some of the rhetoric has focused on the country’s tax system, with calls for heftier burdens placed on the country’s wealthiest. Heck, even millionaires say they and their cohorts should face higher taxes. That’s prompted some critics to point to a 2008 report from the Organisation for Economic […]

  • Lifestyle

    Why skipping college means losing $830,000 in income

    by Aimee Picchi/CBS News on May 06, 13:02

    Going to college is a pricey affair for many families, given that annual tuition and room and board now costs almost $23,000, or six times the outlay in 1980. That has prompted even the likes of billionaire and former New York City Mayor Mike Bloomberg to advise students to skip the quad in favor of a trade, like […]

  • Lifestyle

    Richest Americans see huge growth in income

    by Aimee Picchi/CBS News on May 03, 9:35

    Here’s a startling fact that illustrates how income inequality is changing the U.S.: The top 1 percent of Americans now take home 20 percent of all pre-tax income in the country, or more than double their share in 1980. The findings, from a report out this week from the Paris-based Organisation for Economic Co-operation and Development, illustrate […]