In our efforts to keep up with the Joneses (or just get by during this period of economic uncertainty, debt has become a normalized part of the American lifestyle. CNBC reports: Borrowing... Read more »
According to research led by agricultural economics professor Edward Jaenicke of Penn State University, the average American household wastes nearly a third of its food. The value of that waste is estimated at... Read more »
American factories demand white-collar education for blue-collar work. New manufacturing jobs that require more advanced skills are driving up the education level of factory workers who in past generations could get by... Read more »
Over the next decade, U.S. banks, which are investing $150 billion in technology annually, will use automation to eliminate 200,000 jobs, thus facilitating “the greatest transfer from labor to capital” in the industry’s... Read more »
It’s only been five years since Americans hit a grand total of $3 trillion in consumer debt and yet, by the end of 2018, that figure is expected to jump by another... Read more »
Nearly half of middle-class Americans face a slide into poverty as they enter their retirement, a recent study by the Schwartz Center for Economic Policy Analysis at the New School has concluded.... Read more »
On November 2nd, 2017, we saw the details of the highly anticipated tax plan being released. Given the magnitude of this plan, it is safe to forecast a huge change in the... Read more »
Richard H. Thaler of the University of Chicago was awarded the Nobel Prize in economics on Monday for his contributions to the field of behavioral economics. CNN Money reported: Thaler, 72, was... Read more »
The average full-time working American makes $51,350 a year. According to jobs website Glassdoor, interns at Apple, Facebook and Google out-earn the average American. The list of 25 companies who are paying interns... Read more »
President Trump vows to unveil the biggest tax cut and the largest tax reform in American history. The existing 7 tax brackets will be replaced by only 3 tax brackets. Also, standard... Read more »
