Instead Of Snoozing In Savings, Let's Put $5,000 To Work

If you have a savings account you probably already know this: Your money there is losing value to inflation. Yields are so low that returns are not even keeping up with the cost of living.

I've been watching some of my own savings dwindle. And that prompted me to take up a challenge: I'm taking $5,000 from personal savings and putting it to work. I'm not a financial whiz, pundit or any kind of guru.

Boomer Housemates Have More Fun

Today more than 1 in every 3 baby boomers — that huge glut of people born between 1948 and 1964 — is unmarried. And those unmarried boomers are disproportionately women.

After Crashing In Canadian 'Abyss,' Four Men Fight To Survive

On the night of Oct. 19, 1984, Erik Vogel was uneasy about flying. It was snowing; his plane's de-icer and autopilot weren't working; and his co-pilot had been bumped to fit one more passenger on his 10-seater. But the young pilot was behind schedule and he felt like his job was on the line, so he took off, as he did most days, shuttling between the remote communities that dot the Canadian wilderness.

The Doors' Keyboard Counterpoint Goes Silent: Remembering Ray Manzarek

Ray Manzarek, the founding keyboardist of the Los Angeles rock band The Doors, died in a clinic in Germany on Monday after a lengthy battle with bile duct cancer, according to his publicist. He was 74.

Courtside Chemistry: How NBA's Phil Jackson Won 'Eleven Rings'

Phil Jackson is famous not only for coaching stars — Michael Jordan and Scottie Pippen with the Chicago Bulls, Kobe Bryant and Shaquille O'Neal with the L.A. Lakers — but also for his distinctive "zen" approach to basketball. He introduced his teams to yoga and meditation, and regularly assigned his players books to read.

Texas Medicaid Debate Complicated By Politics And Poverty

When the sun rises over the Rio Grande Valley, the cries of the urracas — blackbirds — perched on the tops of palm trees swell to a noisy, unavoidable cacophony. That is also the strategy, it could be said, that local officials, health care providers and frustrated valley residents are trying to use to persuade Gov. Rick Perry and state Republican lawmakers to set aside their opposition and expand Medicaid, a key provision of the federal health law.

The Global Afterlife Of Your Donated Clothes

On a bright and warm Saturday morning, there's a steady flow of people dropping off donations at Martha's Table, a charity in downtown Washington, D.C. A mountain of plastic and paper bags stuffed with used dresses, scarves, skirts and footwear expands in one corner of the room. Volunteers sort and put clothes on hangers. They'll go on sale next door, and the proceeds will help the needy in the area.

It's a scene played out across the U.S.: people donating their old clothes, whether through collection bins or through large charities, to help others.

Apple CEO Faces Senate Panel's Accusations Of 'Tax Gimmickry'

Giant technology firm Apple is paying billions of dollars less than it should in U.S. taxes each year, according to a report by the Senate Permanent Subcommittee on Investigations. In a hearing Tuesday in Washington, D.C., Apple CEO Tim Cook will defend the company.

The subcommittee's report says Apple avoids the tax payments mainly by shifting profits to three subsidiary companies in Ireland. The investigation found Apple is taking advantage of technicalities in U.S. and Irish tax laws to avoid paying any tax on a huge portion of its profits.

Advocates Struggle To Reach Growing Ranks Of Suburban Poor

Poverty has grown everywhere in the U.S. in recent years, but mostly in the suburbs. During the 2000s, it grew twice as fast in suburban areas as in cities, with more than 16 million poor people now living in the nation's suburbs — more than in urban or rural areas.

Elizabeth Kneebone, a fellow with the Metropolitan Policy Program at the Brookings Institution, says this shift in poverty can be seen in Montgomery County, Md., right outside the nation's capital.

Is There Really A Second-Term Curse?

The phrase "second term curse" is so familiar that it's become a cliche of American politics. Whether it's President Richard Nixon's resignation or President Bill Clinton's impeachment, presidents tend to have a tough time during the back half of an eight-year presidency.