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After the first time trying to prepare and file personal taxes, most Americans learn the same lesson: The American tax system is complex and difficult to understand. Many people also feel that corporations, wealthy individuals and families, and special interest groups have unfair access to loopholes and exemptions that help them avoid paying their "fair share." One system that has gained a
Let's face it. Recessions are difficult. You'll know this best if you're out of work and looking for a job. But even if you're employed, you may still feel anxiety about losing your job or you may have had to take a pay cut to keep it. Some professions are hit harder than others during a recession, such as jobs in construction and finance. This is because demand decreases for their products
Recent Articles in Economy & Policy
Starbucks’ Create Jobs for USA – Can It Help Small Businesses?December 19, 2011
The unemployment rate numbers are still startling, even after so many months of recession. A reported 9.1% of Americans are out of work, and this percentage does not include those
History of Credit Rating Agencies and How They WorkDecember 15, 2011
Credit rating agencies have been around for the better part of the 20th century, and have played a key role in the financial world by providing ratings on the creditworthiness of
What Is the Fair Tax Act Explained – Pros and ConsDecember 6, 2011
After the first time trying to prepare and file personal taxes, most Americans learn the same lesson: The American tax system is complex and difficult to understand. Many people
What Is S&P? Understanding Standard & Poor’s Credit RatingsDecember 5, 2011
Standard and Poor's (commonly known as S&P) is one of the most prominent financial intelligence companies in the world. S&P is a division of the McGraw-Hill Companies
What Is FINRA – History and Rules for Arbitration & MediationOctober 19, 2011
Millions of securities transactions of all types and sizes take place every day in the United States. You may invest in mutual funds through your 401k at work, or engage in
U.S. Securities and Exchange Commission (SEC) History & Fraud CasesOctober 19, 2011
The Securities and Exchange Commission (SEC) is a regulatory agency that oversees a major segment of the economy along with the IRS, the Consumer Protection Bureau, and the
What Is the Dow Jones Industrial Average (DJIA) – Stock Market IndexOctober 18, 2011
The Dow Jones Industrial Average (DJIA) is an index of 30 of the largest publicly owned, U.S.-based companies and has been an economic force for over a century. It is also one of
Top 10 Recession Proof Jobs – Do They Exist?October 3, 2011
Let's face it. Recessions are difficult. You'll know this best if you're out of work and looking for a job. But even if you're employed, you may still feel anxiety about losing
List of 16 Major Leading & Lagging Economic IndicatorsSeptember 6, 2011
Most economists talk about where the economy is headed - it's what they do. But in case you haven't noticed, many of their predictions are wrong. For example, Ben Bernanke (head of
9 Effects of the Recession on Families and How to CopeAugust 5, 2011
During any recession, news stories about unemployment figures take center stage while the families dealing with the recession suffer, often quietly. People work hard just to stay
