Are student loans good debt that can open the door to a career or an insurmountable burden? Is all credit card debt a sign of reckless spending, or can it be a smart way to cover an expense? In general, no form of debt is inherently “good” or “bad.” What makes it good or bad […]
WASHINGTON (AP) — Joe Biden released federal tax returns and a financial disclosure Tuesday showing that he and his wife, Jill, took in more than $15 million since leaving the Obama White House — newfound affluence that catapulted the Democratic presidential candidate into millionaire status and outdated the humble nickname he has used throughout his […]
THIS MONTH MARKS A BIG DAY FOR THE US ECONOMY. WHY? According to the National Bureau of Economic Research (NBER), June 2009 was the last month the U.S. economy was in recession. That means unless the U.S. economy has now seen its longest expansion in history! WHY HAS THE ECONOMY STAYED ON A POSITIVE COURSE […]
WASHINGTON (AP) — The Justice Department filed a lawsuit Tuesday against former White House staffer and reality TV star Omarosa Manigault Newman, alleging she failed to file a legally required financial disclosure after she was fired from her job in the Trump administration. The suit alleges Manigault Newman, who worked as the director of communications […]
WHAT DID WE LEARN LAST WEEK THAT’S A POSITIVE ON THE ECONOMIC FRONT? According to the Commerce Department, the U.S.gross domestic product rose at a 3.2 percent annual rate in the first three months of the year. This is an impressive number, considering many economists and analysts have been concerned about the possibility of a […]
April is Financial Literacy month and Rob Wilson, financial adviser, wants everyone to learn to “secure the bag.” Willson urges listeners to “get serious about” their money. What he doesn’t want you to do is, “wake up one day” and realize you “don’t have enough money to retire.” One way to avoid that is to actively […]
Earlier this month, the New York Times highlighted a study published in the Journal of Consumer Research that shines further light on a problem many couples face: how to distribute responsibility for finances. The study’s author discovered that when couples divide money management unequally, the person taking a less active role is putting themselves at […]
TODAY YOU ARE HERE TO HELP US PREPARE FOR A POTENTIALLY BUMPY TAX SEASON. WHY? Even though the federal government has reopened for three weeks, the shutdown is expected to have ripple effects for taxpayers. The lack of funding for the IRS prevented large swaths of the agency from operating during a time its worker […]
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 […]
Racial discrimination in the United States is one the rise. From Walter Scott to Trayvon Martin, from Charlottesville to Ferguson, there has been one incident after another due to racial issues in the US. So much so that Americans who believe racism is a huge problem have doubled in numbers over the past 10 years. […]
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 […]
OGDEN, Utah (AP) — Rachael Weatherly is a senior adviser for the Federal Emergency Management Agency, but she’s considering trying to get a job at a grocery store. Weatherly is among the 800,000 federal employees who aren’t getting paychecks for the first time Friday because of the lingering government shutdown. They are scaling back spending, […]
