A new report reveals that the Social Security trust fund may be depleted in eight years, risking a 23% cut in benefits for over 60 million Americans. Experts urge Congress to act now to prevent drastic reductions.
In a significant ruling, a federal judge has dismissed Johnson & Johnson's attempt to use bankruptcy to create a trust fund for women claiming cancer from their baby powder products. The decision follows a trial that revealed flaws in the vote of cancer victims on the proposal.