The coronavirus has thrown many Americans the equivalent of a stomach-churning financial curveball. In a matter of weeks, unemployment rose to historic highs and the stock market cratered, only to rise steadily again. By some aspects the ride has been even harder for the nation’s veterans, half of whom are over age 65 and are
Wealth
As people across the country and the world protest the treatment of black Americans, police brutality and the killing of George Floyd, and as some U.S. cities impose curfews due to incidents of looting and violence, former President Barack Obama has taken to Medium to suggest a next step: Vote. Specifically, Obama said those who care
In just a few days, bail funds across the country have received tens of millions of dollars in donations after the killing of George Floyd, a black man, while in police custody in Minneapolis. The influx of donations is so large in such a short period of time that some funds, including the Minnesota Freedom Fund and the Brooklyn Bail
Klaus Vedfelt It’s a paradox: Saving money when you have it is hard, and not having it when you need it is even more punishing. Even if you are not a saver by nature, easy-to-learn habits can make you one. First, do a self-assessment of your own money habits. If there are gaps in your
U.S. Army Spc. Kinnis White, a soldier assigned to the Ohio National Guard’s HHC 1-148th Infantry Regiment – 37th Infantry Brigade Combat Team – inspects food boxes before public distribution at First United Methodist Church in Bowling Green, Ohio, on May 1, 2020. Senior Airman Kregg York | U.S. Air National Guard Everyone across the
In just two and a half months, over 40 million people have filed for unemployment in the U.S., a surge in joblessness not seen in the U.S. since the Great Depression. At the same time, it is unclear if the federal government will provide additional stimulus to the record number of people who are currently unemployed
Erik Von Weber Many people take an economics class at some point during their education. Most, however, didn’t expect to use what they’ve learned in their own lives. But this graduation season is different. Economics is about making decisions under uncertainty. If there has ever been an uncertain time to start adulthood, it’s now. So
Self-made billionaire and Microsoft co-founder Bill Gates doesn’t recommend many business books. “In my experience, it is rare to find one that really captures what it’s like to build and operate an organization or that has tips you could really put into practice,” he writes on his blog, GatesNotes. But there’s a new business book
Now that the weather is warming up and Covid-19 pandemic stay-at-home orders are lifting across the country, many people are antsy to get out there and travel after a brutal cooped-up spring. And while hitting the road may be a good idea for both the economy and the country’s collective mental health, it’s not risk
On Friday, May 22, I flew from Los Angeles, where I currently live, back home to Charlotte, North Carolina, to be closer to family right now. Planes have been flying emptier the past few months: U.S. air travel demand is down about 90% from a year ago and 73% of U.S. flights are less than