Universal basic income pros and cons —according to experts
Universal basic income provides recurring cash payments, no strings attached. Universal basic income is a growing part of America’s…
Kamala Harris is embracing the degree-free wave — and thousands of workers could benefit
Vice President Kamala Harris proposed getting rid of college degree requirements for 500,000 federal jobs. Vice President Kamala Harris…
Russia’s economy is signaling a fate worse than recession
As Russia’s GDP and inflation figures move in the wrong direction, the worst-case scenario for any economy looms large…
A key US consumer indicator has dipped to ‘crisis levels,’ SocGen says
The US personal savings rate has dropped below 3% – a level historically associated with recessions, according to SocGen….
Why China’s new stimulus bazooka isn’t enough to fix the nation’s housing crisis
China’s all-out stimulus package will fail to meaningfully reverse ongoing chaos in the nation’s property market, JPMorgan said in…
Americans might have to wait until 2030 for homes to be affordable again
Goldman Sachs expects housing affordability in the US to return to “normal levels” by the end of the decade….
2 under-the-radar recession signals are flashing red this month, research firm says
Recent data shows easing inflation and a steady decline in jobless claims in recent weeks, but the labor market…
The Chinese yuan surged to a 16-month high, but Beijing may not be happy about it
Several 100 yuan banknotes and 100 US dollar banknote seen placed on a table. China’s massive stimulus package for…
A boomer said he’s struggling to survive on Social Security after retiring early to care full-time for his wife
Robert Papalia retired early to care for his wife, Marie. Robert Papalia, 74, had to retire earlier than he…
There’s a new reason people feel bad about the economy
It’s official: The labor market vibes are not great. Consumer confidence plummeted in September, according to the Conference Board’s…