Powell hints that lower interest rates may be on the horizon
By
Kathleen Steele Gaivin
Jul 11, 2024
Interest rates may start to go down soon, Federal Reserve Chair Jerome Powell testified before the Senate Banking Committee on Tuesday during the Semiannual Monetary Policy Report to the Congress.
Gender wage gap widens with age
By
Kathleen Steele Gaivin
Jul 10, 2024
“Older women workers — who comprise 47% of the labor force ages 55 and older — are plagued by a gender wage gap that is even larger than the one their younger counterparts experience,” according...
Edenwald Senior Living partners with Goucher College to join increasing number of university retirement...
By
Kathleen Steele Gaivin
Jul 11, 2024
Edenwald Senior Living, a not-for-profit continuing care retirement / life plan community in Towson, MD, is partnering with Goucher College to become a university retirement community, a growing national...
Employer-sponsored emergency savings programs can improve worker productivity, tenure
By
Kathleen Steele Gaivin
Jul 09, 2024
Employer-sponsored emergency savings
CCRC faces class action lawsuit over alleged biometric data collection, use
By
Kathleen Steele Gaivin
Jul 08, 2024
A continuing care retirement / life plan community in Chicago is facing a class action lawsuit alleging that it used a timekeeping system that collected and stored biometric data using employees’ facial...
HUD awards millions in ‘green’ funding to 17 affordable senior housing communities
By
Kathleen Steele Gaivin
Jun 26, 2024
Seventeen affordable seniors housing properties will receive funding ranging from $2.4 million to $20 million, the Department of Housing and Urban Development announced Tuesday as it makes available a...
Spending on nursing homes, home care slows year over year
By
Kathleen Steele Gaivin
Jun 27, 2024
Between May 2023 and May 2024, overall healthcare costs grew by 3.4%, the fastest increase seen since December 2007, according to Altarum’s monthly Health Sector Economic Indicators brief, released Wednesday.
IRS plans to deny billions of dollars in ‘clearly improper’ employee retention credit claims
By
Kathleen Steele Gaivin
Jun 25, 2024
The IRS said it plans to deny tens of thousands of improper, high-risk employee retention credit claims from employers, totaling billions of dollars, after a review found “a large number of improper...
Omega Healthcare Investors has ‘headroom’ to withstand LaVie’s bankruptcy: Fitch Ratings
By
Kathleen Steele Gaivin
Jun 12, 2024
Omega Healthcare Investors’ credit rating has enough of a cushion to weather the recent bankruptcy of tenant LaVie Care Centers, Fitch Ratings said Tuesday.
‘Significant benefits’ gained from state-run retirement savings programs: study
By
Kathleen Steele Gaivin
Jun 07, 2024
A state-run retirement savings program can provide “significant benefits” for workers whose employers don’t offer plans, according to a study of a model in Oregon recently published in Contemporary...