Money & The Economy
News on Finance, Money, markets and the economy
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Why the Poor Die So Much Sooner Than Wealthier People (and What We All Can Do to Help)
The top quarter of American income earners can expect to live a decade longer than the bottom quarter, medical research…
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The Best Anti-Fragility Speech Ever Came From a Surprising Source
Jonathan Haidt has become one of the thinkers I make a point of listening to when he speaks or writes.…
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The Highlights (and Lowlights) of Biden’s New Executive Orders
It’s unfortunately par for the course in recent history for American presidents to pursue unilateral executive action instead of the…
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June Jobs Report Points to a Rapidly Growing Economy
The Bureau of Labor Statistics (BLS) recently announced that 850,000 jobs were created in June. The unemployment rate was 5.9%. This figure…
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No, Higher Wages Aren’t a ‘Silver Lining’ of Inflation
A recent CNBC article highlights a common economic fallacy surrounding the concept of inflation. The author claims that inflation can…
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These 9 States Are Cutting Income Taxes to Boost Their Recovery
Finally, some good news. In nine states and counting, residents will owe less on their next state income tax bill…
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Jobless Claims Increase To 373,000, Above Economists’ Predictions
The number of Americans filing new unemployment claims increased to 373,000 last week as the economy continues to recover from…
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As Gas Prices Surge, We Need to Have a Conversation … about Cartels
Oil prices hit a 6-year high this week as talks between OPEC and its allies (collectively known as OPEC+) broke…
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What Is the Great Resignation of 2021? (If You Don’t Know, You’ll Want to Read This)
If you don’t spend your days on TikTok or Reddit, you may be blissfully unaware of a growing movement urging…
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Amtrak To Overhaul Fleet In $7 Billion Investment Supporting 2,100 Jobs
Amtrak will spend $7 billion to manufacture a new fleet of 83 trains in a project expected to support 2,100…
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JUUL Agrees to Pay $40 Million Settlement, But Lobbying Disclosures Prove There’s More to the Story
The e-cigarette company JUUL recently agreed to pay the state of North Carolina $40 million in order to settle a…
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Why the Arkansas Trooper Who Intentionally Rammed a Pregnant Woman’s SUV During a Traffic Stop Is Unlikely to Face Consequences
On the evening of July 9, 2020, Janice Nicole Harper was traveling in her car on Highway 67 in Arkansas…
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The Federal Budget Deficit is about to Hit Record-Breaking Levels (Again)—Here’s Why
Debate continues in Washington about more multi-trillion-dollar spending plans. But we just got an ugly reminder that the federal spending…
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Supermarkets Stock Up On Food, Office Supplies As They Brace For Even Higher Prices |
Food prices have been on the rise and supermarkets are stockpiling inventory as a result, The Wall Street Journal reported…
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Target and Walgreens Are Making Drastic Changes Amid Skyrocketing Shoplifting in San Francisco
San Francisco ranks as the fifth-worst city in the US when it comes to retail theft. Now, the problem is…
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