Should We Get Rid of the Penny? – 8 Reasons to...
According to an old superstition, it's good luck to find a penny on the sidewalk. But whether or not you believe picking up that penny will...
List of 16 Major Leading & Lagging Economic Indicators
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...
What Is Inflation (Definition) – Causes & Effects of Rate on...
People tend to think of “inflation” as a dirty word and a phenomenon to avoid. But a gradual increase in prices and wages over time is inevitable and — if kept in check — positive for the overall economy. What is inflation, what causes it, and what does it mean for you? Learn all about it here.
Top 27 Recession-Proof Jobs & Careers – Do They Exist?
There’s no such thing as a 100% recession-proof job. But as you prepare for the next recession, keep these recession-resistant jobs in mind. Now may be the perfect moment to switch careers, both to boost your income and protect your career in the event of a global recession.
How to Fix the United States’ Debt Problems & Reduce Federal...
According to projections by the Congressional Budget Office (CBO), America will continue to spend more than it receives in revenues from 2016 to 2026, and...
What Is Money Laundering (Explained) – Examples, Schemes & Regulations
Paul Manafort, former campaign manager for U.S. President Donald Trump and veteran political wheeler-dealer, pleaded not guilty on October 30, 2017, to about a...
Big Government vs. Small Government – Which Is Ideal for the...
The term "big government" stimulates plenty of images and emotions, and they're generally negative. Words like "bureaucratic," "inefficient," "intrusive," and even "corrupt" are often...
Living on the Minimum Wage – Is It Possible in 2021?
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.
How to Get EBT Food Stamps – SNAP Program Eligibility &...
The Supplemental Nutrition Assistance Program (SNAP), formerly known as food stamps, has been through many changes over the years. And present-day SNAP has fairly elaborate rules to determine who is eligible for benefits and how those benefits are calculated. Here’s what you need to know to apply.
What Is Quantitative Easing Explained – Definition, Risks & Effects on...
When an economy is in danger of slipping into a recession or depression, governments can employ a strategy known as quantitative easing (QE).
Quantitative easing...
What Is Cryptocurrency – How It Works, History & Bitcoin Alternatives
Cryptocurrencies, or virtual currencies, are digital means of exchange created and used by private individuals or groups. Because most cryptocurrencies aren't regulated by national governments,...
Social Security Going Broke – Solutions for When the Money Runs...
More than one-half of Millennials believe there will be no money in the Social Security system by the time they are ready to retire,...