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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 afloat in hopes that the economy will turn around soon, but often to…
The news is full of stories about how tough times are for the middle class. Story after story talks about how jobs are disappearing, prices are rising, and many essentials, such as healthcare and education, are growing steadily more expensive…
The government’s role in the employer-employee relationship has been a source of contention for legislatures for centuries. Few would dispute that free markets and limited government have produced one of the greatest economic systems in history. However, at the same…
Early in his term, President Joe Biden announced his support for an idea lawmakers on the left had been pushing for years: increasing the federal minimum wage to $15 per hour. Proponents assert the current hourly rate of $7.25 is…
Recently, the term Libor – short for London Interbank Offered Rate – has been brought to the foreground of world news, with a scandal unfolding through an admission of fraudulent banking practices by one of the United Kingdom’s most popular…
The Consumer Price Index, or CPI, increasingly affects Americans of all ages, incomes, and location. Yet few citizens understand how it’s calculated, how it’s used, or its strengths and shortcomings. The CPI is one of the most important figures calculated…
As an investor, you rely heavily on what publicly traded companies tell you when making investment decisions. You likely look at recent news, financial reports, presentations, and more to educate yourself before investing your first dime. What would happen if…
March 24, 2021, is a little-known holiday. It’s called Equal Pay Day — the date on which the earnings of women catch up with the amount earned by men in 2020. The difference between women’s and men’s earnings is called…
Can you imagine a world where your investment advisor could tell you pretty much anything and get away with it? Believe it or not, that was the world investors lived in just a couple of decades ago. In the early…
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 wage was at the time. Depending on how much time has elapsed since that first…
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