Money

It shouldn’t come as a surprise that only about 10% of the U.S. population can pass a financial literacy test when only five states get an A on teaching young …

It was not at all surprising to me to find out that 61% of Americans are financially illiterate. Some states are worse than others and it should come as little …

For many 2014 went into the books as the year of the rent increase. That wouldn’t happen again they said; rents couldn’t keep going up that fast they said. They …

Anyone alive back in the 1970s remembers the term “stagflation” that went around a lot in those days. Stagflation was basically an amalgam of the unemployment rate, plus the inflation …

Yes, the double digit stock market increase gravy train is over, probably for a long time. What we’ll see instead are years of returns that are normal to slightly below …

It’s risky calling ups or downs on the stock market because, to quote Jeb Bush, stuff happens. Were one to suggest that stocks are due for an irregular recovery the …

If you have more than $1,000 in cash in a savings account, congratulations, you’re part of a thrifty minority in America. According to a survey by GOBankingRates.com and supported by …

There are a lot of factors that feed into wealth and poverty. There’s an unfortunate tendency to look upon poor people and think that they are poor because they’re lazy …

Normally stocks zoom and the bond market waffles when the Fed puts off an interest rate hike, but today we see why investment advice always contains the phrase “past results …

There was a tectonic economic shift in 2015 and most of the world didn’t even notice it took place. Like any major economic shift the change started decades before. In …