The Treasury Dept has reduced its stake in AIG by selling $18 billion worth of company stock. In doing so, the U.S. government moved from being AIG's majority shareholder to simply having a stake in the company. The sale guarantees that taxpayers will come out ahead on the bailout of the insurer.
Annual family health insurance premiums rose about 4 percent to an average of $15,745 this year, a new survey finds. While the increase is less than the one seen last year, it exceeds both inflation and wage gains.
The new iPhone is expected to be unveiled this week, and customers can probably get a discount if they sign up for a lengthy service agreement. But New York University Law Professor Oren Bar-Gill tells host Michel Martin that consumers should think twice before signing the dotted line for things like phones, credit cards or mortgages.
The Southeast Asian nation of Myanmar, also known as Burma, is undergoing dramatic political reform and opening up to the outside world. The U.S. recently lifted sanctions and appointed an ambassador there. And what comes next? Coca Cola.
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