When the Great Depression hit, many Americans were able to live off the land and wait it out. In today's sour economy, that's less of an option.
A new paper proposes that new financial products be put through screening by a federal agancy, similar to the Food and Drug Administration. Could this prevent future financial meltdowns?
Retail sales in January increased 0.4 percent from December and 4.8 percent from last year. The data shows a rough correlation between home value appreciation and retail spending.
After months of squabbling, it looks as if Congress is about to extend a “temporary” tax cut for another 10 months, borrowing $100 billion to do it. That would be OK if this was just a short-term stimulus.
Roth IRA is easy to set up immediately in ShareBuilder, but patience and Vanguard mean fewer fees in the long run for your Roth IRA. See question No. 7 in the reader mailbag.
Malachy the Pekingese won Best in Show at the 2012 Westminster Kennel Club dog show Tuesday, receiving a silver cup, a raft of media appearance, and the promise of breeding fees. But the crowd-pleasing champion has nothing on these five uber-expensive dogs. Most of us think our furry best friends are priceless (author included). But some dog lovers are willing and able to put their money where their heart is. Here's our list of five pricey pooches. Can you guess which breed took the top spot, and at what price?
The return on investment from a compound interest savings account isn't impressive at first, but if you stick with it, it becomes a locomotive. But it can take a very long time.
The financial moves of the Argentinian government over the past decade have set the pace for the rest of the world.
When it comes to taxes, Obama's budget is long on principles but woefully short on statistics.
Some argue that driving fuel-efficient cars will actually encourage people to drive more, boosting carbon emissions and hastening climate change. Here's why they're wrong.
When you arrange for flower delivery or take a special someone out for dinner this Valentine's Day, it'll cost more than it did a year ago. That's the cold hard fact about a warmhearted and festive day, according official US inflation data.But the rising cost may actually be a relatively small one: Those chocolate or flower prices haven't been rising at gas-pump-fast rates. Here's the official inflation tally of five common Valentine's Day activities, according to the Bureau of Labor Statistics.
The president's plan to raise tax revenue could mean disaster for the equity markets.
Some say that as unemployment falls, the quality of available workers diminishes, which droves down wages. Is it true?
Ron Paul deserves credit for making the boldest proposals of any candidate in the presidential race. The astonishing reality of the federal government’s budget situation, however, is that even his plans might not be enough to keep Uncle Sam out of bankruptcy. While President Obama offers a $3.8 trillion budget that optimistically might cut the federal deficit to $575 billion by 2018, federal data suggest the United States is already broke. The Federal Reserve estimates that the net value of all private assets, including real estate, stocks, bonds, businesses, cash, etc., is $57 trillion. But the Treasury Department estimates the federal government’s net worth is a negative $61 trillion. Here are five budget realities that no candidate wants to acknowledge: