Money

While everyone knows that inflation makes the cost of living more expensive by the year, the extent to which inflation affects American households is less obvious to most people. A …

Many people remember the role that credit rating agencies played in the buildup of the housing bubble that burst so spectacularly in 2008. The bubble was helped along by securitization …

One of the characteristics of the dotcom bubble in the late ‘90s and early 2000s was the absurd overvaluation of numerous tech companies that weren’t making money and that had …

More and more is being written today about how millennials are different from the generations before them. But while much of the focus is on millennials’ different spending patterns, work …

With new automobiles becoming ever more expensive, more and more Americans have to finance their automotive purchases with auto loans. And with salaries largely stagnant over the past 20 years, …

If it seems like the rich are getting richer and the not-so-rich are still, well, not so rich, there’s a reason for that. Incomes for the 1% have exploded over …

The past few weeks have demonstrated that there are very few Americans, if any, willing to stand up against the Chinese communist regime. From the NBA’s cowardly attempts to curry …

It shouldn’t be surprising that different cultures and different regions value different kinds of meat. Barbecue aficionados in the US understand that. Carolina barbecue values pork, with Eastern and Western …

One of the hallmarks of the mid-2000s housing bubble was the widespread popularity of house flipping. From TV shows such as Flip This House to seminars devoted to teaching people …

Some professional sports teams are just perennial cellar dwellers, unable to get their acts together no matter what. Others are dynasties that seem to turn everything they touch to gold. …