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USCBS News

Congress tried to stop surprise medical bills. It created another problem.

Photo: Getty Images

A law designed to protect patients from surprise medical bills succeeded in eliminating unexpected charges, but spawned a lucrative arbitration industry with providers and specialized middlemen extracting payments far above benchmark billing rates.

The practice is ultimately driving up healthcare costs for consumers, a CBS News investigation found.

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USCBS News

Can paying off debt too aggressively hurt your finances? Here's when it may make sense to slow down.

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. That, in turn, can make an aggressive debt payoff strategy particularly appealing in today's economic landscape. Putting every available dollar toward a credit card or personal loan balance can accelerate progress and reduce what you ultimately pay in interest, after all. However, there can also be a downside to pushing the repayment timeline too hard, particularly when that money is needed elsewhere in the budget.

USABC News

Trump sons' investments have won billions in Pentagon contracts since his election

President Donald Trump announced a $6.6 billion investment with AI defense company Anduril Industries on Tuesday -- the most recent government funding agreement into a company with investment ties to the president's sons. The Trump administration announced the Navy will support $2.9 billion of the total cost to help create a new facility in Baltimore County, Maryland, that will manufacture critical parts for the Virginia-class nuclear-powered fast-attack submarine.

USThe Guardian

LA officials document first case of a rabid raccoon in more than 50 years

Four people and a dog may have been exposed to rabies from the animal, Los Angeles public health officials say Los Angeles county recently documented its first rabid raccoon in more than 50 years, and health officials are urging residents to never touch wild animals. The county’s department of public health announced in a statement this week that four people and a dog may have been exposed to the animal at a back yard work site in the city of Westlake Village. The raccoon appeared in ill-health but was not aggressive.