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Living on the Minimum Wage – Is It Possible in 2020?

Almost 2 million Americans live on minimum wage, which despite inflation hasn’t increased since 2009. But is that a living wage? Explore the ins and outs of living on just $7.25 per hour through both a fictional American named Kai and the stories of real-life Americans who do it every day.
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The Economics of International Trade – Import and Export Taxes &...

Today’s small-business person sees wonderful opportunities in the news. Do you want to start importing to obtain competitively valued products to resell or exporting to expand the market for your goods? Either way, you require an understanding of all the different types of government controls.
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7 Effects of Inflation & How to Protect Yourself From the...

Inflation is like a silent thief that whittles away the value of your money, making each dollar worth less and less over time. Yet some inflation is normal and even useful in a healthy economy. Learn how inflation affects you and how can you plan for it — or even use it to your advantage.
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Coronavirus Emergency Financial Aid & Stimulus Measures (Latest)

The ongoing COVID-19 pandemic is a global economic event without precedent in living memory. In the U.S., federal policymakers recognize the gravity of the situation. Bookmark this regularly updated list of all the actions the government has taken to bolster the economy and how they affect you.
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Carbon (CO2) Emissions Tax Explained – Pros & Cons, Alternatives

It's official: Our planet is hotter than humans have ever seen it before. In August 2019, The New York Times reported the previous July was...
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Paycheck Protection Program (PPP) – Guide for Small-Business Owners

The Small Business Administration is disbursing up to $349 billion in low-interest forgivable loans to many American small businesses, freelancers, and nonprofits through the Paycheck Protection Program. Find out if you qualify and how to apply before the money runs out.
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What Is Deflation – Definition, Causes & Effects

Think back to your first job. Do you remember what it paid? For many people, the answer is easy to remember: whatever the local minimum...
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What Is the Real National U.S. Unemployment Rate?

During the current unrelenting viral pandemic, the U.S. unemployment rate has shot up more than 10 points, the sharpest increase since the Great Depression. Yet these sobering figures could understate the reality. That’s because the unemployment rate may never be as accurate as you think.
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COVID-19 Economic Stimulus Payments – Eligibility & How to Get...

Thanks to the federal government’s March 2020 economic stimulus package, most Americans will receive one-time cash payments beginning in April 2020. Before you start thinking up ideas for what to do with yours, find out about your eligibility and how much you’ll get.
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Housing Choice Voucher Program (Section 8) – Eligibility & How It...

The housing choice voucher program, formerly known as Section 8, is the federal government's biggest housing assistance program. It aims to make decent, safe, and sanitary housing available to those who can’t afford to pay market prices. Here’s a look at how it works and how you can apply.
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Many Saw the 2020 Recession Coming – But Are They Prepared?...

In 2019, long before COVID-19 was on the public radar, Money Crashers polled Americans to see when they believed the next recession would happen and what they believed would trigger it. It turns out that many people saw the collapse coming. But does that mean they’re ready for one?
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Unemployment Benefits During the COVID-19 Pandemic – Guide

In March 2020, the United States’ longest economic expansion in modern history ran into the buzzsaw of the COVID-19 pandemic, causing an unprecedented spike in jobless claims. But the vast majority of workers are eligible for state unemployment benefits. Follow these steps to apply.