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Aimee Picchi/CBS News

Stories by Aimee Picchi/CBS News

  • 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 […]

  • Anchorage/Mat-Su

    Why soldiers are increasingly relying on food stamps

    by Aimee Picchi/CBS News on Feb 17, 16:09

    The recent surge in food-stamp spending has prompted some critics to worry that the $76 billion program is creating an over-reliance on government handouts. What these critics may not realize is that the Supplemental Nutrition Assistance Program is also increasingly relied upon by members of the U.S. armed forces, with patrons of military commissaries using […]

  • US/World

    Target warns data breach impacted 70 million people

    by Aimee Picchi/CBS News on Jan 10, 6:41

    The revelations about Target’s (TGT) data breach continue to get worse, with the retailer now estimating that up to 70 million customers have been impacted, almost twice as many as the 40 million it had earlier disclosed. Target said that its forensics investigation has found that “certain guest information — separate from the payment card […]