Money Mondays
Where do we currently stand on the government shutdown? As of today, the federal government has been partially shutdown for 31 days and counting – the longest stretch in history. While most of us know about the shutdown, not everyone understands how it is playing out for workers, for millions of Americans who rely on […]
As of midnight on Saturday, January 12, the current partial shutdown of the U.S. government became the longest of its kind in history. Even though 7 in 10 Americans call the shutdown “embarrassing” and believe it will hurt the country and the economy, political leaders on both sides seem unwilling to give in. Here’s how […]
Today we are discussing divorce. It’s not the cheeriest topic to kick off the new year with, so why is it on your mind? We just finished the holidays, and are now entering what some call the divorce season because divorce filings begin to spike in January, peaking in February and March. Indeed, studies show that one […]
With unemployment at historic lows, rising wages and consumer confidence have hit an 18-year-high. Consumers are understandably in good cheer and ready to go out and spend this holiday season. But for you, the thrill of the deal can quickly turn in to despair over the debt if you go overboard with your holiday gift […]
Why is financial anxiety on your mind? Numerous surveys have found that Americans feel more anxious than ever before, and financial decisions and pressure are significant drivers of this. Despite a strong economy and low unemployment, more Americans cite money as the biggest source of stress in their life. According to a recent study by […]
What do the mid-term results mean for the economy and for everyday Americans? We are unlikely to see significant changes to economic policy, at least in the short term. As a result, while the results will certainly have ripple effects, they are unlikely to affect the core foundations of the economy. As Warren Buffett says, […]
FRIDAY SAW THE RELEASE OF THE OCTOBER JOBS REPORT. WHAT WAS IN IT? Overall, Friday’s jobs report contained really positive news. According to the Labor Department, the economy added 250,000 jobs in October. That did not change the unemployment rate, which held steady at 3.7%, tied with the lowest rate December 1969. But most importantly, […]
YOU JOIN US THIS MORNING WITH CREDIT SCORE NEWS. WHAT DO YOU HAVE FOR US THIS MORNING? An interesting story broke last week that could benefit some of our listeners with below average credit. Fair Isaac Corporation, the company responsible for the widely used FICO credit score, announced it would soon be testing a new […]
WHATS GOING ON WITH THE MARKETS THESE DAYS? In the past few weeks, the markets have sent investors on a bumpy ride. Last week, the S&P 500 and the Dow both fell a little over 4 percent. This week they recovered some of the losses. These ups and downs amid otherwise good economic news can […]
Segment Q&A: Lessons (Hopefully) Learned 10 Years after the Financial Crisis Background: September 15th, 2018 marked the 10 year anniversary of the bankruptcy of storied Wall Street firm Lehman Brothers which set off the chain of events that we’ve come to refer to as the Financial Crisis. While the economy at large has mostly recovered, […]
Why do we need to pay more attention to childcare these days? According to a new study by Care.com, the cost of childcare has gone up for the fifth year in a row. In fact, a division of real estate site Zillow analyzed the study and found that at $1,385 a month, the average cost of child care in […]
TODAY WE ARE TALKING ABOUT OUR OLD RETIREMENT ACCOUNTS. WHY? As you may have heard, the labor market is very tight. This means we are likely to see increased churn in the labor market as people try to take advantage of the fact that the negotiating power currently rests with workers, not employers. As people […]
