Everyone knows the Super Bowl will be upon us in little more than a week. In many ways, the event has become the new Thanksgiving, hasn’t it? That’s because the people you invite to a Super Bowl party are chosen. You can’t choose your family, but you can choose your friends, and the annual, [...]
Archive for the ‘Economy’ Category
Twenty-thirteen is the year the Haves and the Have Nots came to prominence, dressed up as a new TV series which opened on the Oprah Winfrey Network (OWN). The title of the show alludes, of course, to the notion that there is a distinction between those with high incomes and/or a high net worth, and, [...]
I have a brother who is a history teacher, and a son who is on his way to becoming one. For me, history was one of my least favorite subjects in school, but now it represents a major portion of my reading. Studying financial history early in my career may have been the turning point.
When I [...]
Sometimes you just get a feeling something is wrong. You can’t put your finger on it, but you know, you just know, something is not right. Maybe you see something and wonder if you’re seeing it right. Then someone else mentions the same thing, confirming what you suspected. Then you read about in a news [...]
Even the most passionate avoiders of news have heard: the government of the mightiest country in the world has shut down. Even the Taliban is having a field day over something that must seem really strange to them, being hardly the most devoted civil servants in the known world.
And indeed it is a strange sight, even for [...]
This post is from staff writer William Cowie.
What? Is the last recession even over yet? Isn’t it a little early to begin talking about the next one? Yes, and no.
According to all official sources, the Great Recession bottomed out in 2009. That means the recession has officially been over for four years now. This chart from [...]
This post is from staff writer Richard Barrington.
The stock market has been taking its lumps over the past month, with the most consistent source of upset being speculation over when the Federal Reserve would end its aggressive stimulus program of low interest rates. The irony is that this speculation has been triggered by improved economic [...]
This post is by Deborah Dunham and comes from our partner site LearnVest, a site that helps people take control of their finances.
One Tuesday morning last November my husband called from work and told me to sit down—and not get mad. Whenever a phone call starts that way, you just know it’s not going to end well.
“(Insert jerk-of-a-boss’s [...]
What I’m about to reveal I don’t like to bandy about. In fact, I try to hide it when in polite company. So I’ve got to ask you to please not breathe a word of what I’m about to divulge.
As embarrassing as it is to admit, I’m from Illinois.
I’ve lived here almost all my life [...]
Remember back in August 2011 when Standard & Poor’s downgraded the US credit rating from Aaa to Aa+? Yeah, me too. S&P attributed it to:
“The political brinksmanship of recent months highlights what we see as America’s governance and policymaking becoming less stable, less effective, and less predictable than what we previously believed.”
And guess what? The [...]
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