costs

Long COVID costs the average patient $9,000 a year – and that doesn’t even tell the whole story

Image source: Getty Images Those suffering from the aftermath of the virus could suffer a financial shock. Key points Some COVID patients have persistent symptoms. This could lead to significant financial losses due to unemployment and payment of medical bills. A Harvard economist estimated the cost of long COVID to be $9,000 a year on …

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Automaker Stellantis will halt operations at the Belvidere, Illinois plant, which employs 1,350 people and builds Jeep Cherokee SUVs, citing rising costs to produce electric vehicles

Jeep lays off 1,350 workers at Illinois plant over rising costs to produce electric vehicles

Hundreds of workers are expected to be laid off when automaker Stellantis closes an assembly plant in northern Illinois early next year, citing the challenge of rising costs of producing electric vehicles. The company, which employs about 1,350 workers at the Belvidere, Illinois plant, said the action would result in indefinite layoffs and it may …

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AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

AMC Networks to slash 20% of its U.S. workforce as cord-cutting, streaming costs and economic jitters wreck media

A media industry battered by streaming losses, anemic stocks, layoffs and executive turmoil unveiled its latest losses on Tuesday: 20% of AMC Networks’ U.S. staff, or about 200 people, as well as the departure of the CEO Christina Spade. The news follows the equally sudden departure of Bob Chapek last Sunday from Disney after a …

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New England's high heating costs exacerbated by the feds

New England’s high heating costs exacerbated by the feds

Power the Future executive director Daniel Turner joined ‘Kennedy’ to discuss reports that fuel oil inventories in the North East and New England have fallen to a third of normal levels. Home heating bills are skyrocketing across the country amid already high energy costs, and the North East is expected to be hit hardest this …

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The hidden costs of early retirement - and why you might want to avoid this trend

The hidden costs of early retirement – and why you might want to avoid this trend

Would you be willing to make big sacrifices now, so you could retire decades earlier than planned? Gwen Merz and Derek Sall both thought so, until they started questioning their decisions. “Financial Independence, Retire Early,” or FIRE, is a lifestyle movement that encourages you to build up a comfortable nest egg — at least 25 …

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