In a surprise move just before Christmas, President Trump reinstated tariffs on imports of steel and aluminum from Brazil and Argentina. It’s unclear whether the move will have much effect…
Money
The world of finance, all in one place.
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Homeownership is one of the great goals of many Americans. Over half the population owns a home, and many more want to own homes. The idea of a man’s home…
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By now most people realize that the world economy is in decline. Europe is falling into recession, the US is headed there, and country after country is seeing economic slowdown…
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The cost of higher education has gotten ever more expensive in recent years, and students have had to go ever deeper into debt in order to afford a college degree…
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With the gap between the haves and have-nots seeming to grow larger every year, there’s an increasing movement on the part of Democrats to soak the rich. They see the…
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One of the great things about the US in years gone by was the size and wealth of its middle class. Unlike many other nations that had rich elites and…
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With Brexit on the minds of many Europeans, the condition of the European economy is far from most people’s thoughts. So much focus has been placed on the one-shot deal…
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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…
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Breaking NewsMoney
Are Rating Agencies Partially to Blame for the Corporate Debt Bubble?
November 8, 2019Many 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…
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America NowBreaking NewsMoney
Does WeWork’s Failed IPO Mean We’ve Reached Peak Bubble?
November 5, 2019One 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…
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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…
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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,…