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Welcome to the Weekly Scan. Here’s what we’re following for the week of April 26, 2021. Capital gains changes could be coming. President Biden is expected to introduce legislation that would increase the capital gains tax for Americans who earn more than $1 million. If passed by Congress, the tax rate for capital gains—or income […]
The Weekly Scan April 26, 2021 Read More »
Welcome to the Weekly Scan. Here’s what we’re following for the week of April 19, 2021. China’s big bounce. China’s economy is reportedly strengthening, joining the U.S. as a leader in the global economic recovery from the pandemic. In the first quarter of 2021, gross domestic product (GDP) grew 18.3% from the previous year, slightly
The Weekly Scan April 19, 2021 Read More »
Digital currency reached something of a milestone. The cryptocurrency exchange platform Coinbase went public on April 14, 2021, raising $86 billion for the company in one of the biggest initial public offerings (IPO) of the year. It is the first digital currency exchange to go public, and the offering could lend more credibility to the
Highlights from Coinbase’s IPO Read More »
For the third week in a row, GameStop stock dramatically spiked and continues to resist short sellers. We know what you’re thinking: wait, GameStop is still in business? The struggling retailer welcomed Chewy Co-founder and former CEO Ryan Cohen to its board on January 11 with a 9% stake that he later upped to 13%.
GameStop Stocks Hit Record High. Should You Buy? Read More »
Twenty-twenty has taken its toll on the average retirement savings, according to a new study by Kiplinger’s Personal Finance magazine and Personal Capital, an online financial advisor. More than half of Americans are dipping into their savings, with 60 percent using their IRAs and 401(k)s to get them through the difficulties they are facing from
More Americans are Using Retirement Savings to Cover Expenses Read More »
In his new book, Svein Harald Øygard uses the invaluable financial lessons he learned as Central Bank Governor of Iceland during the 2008 financial crisis to analyze risk in the world of finance and economics. Iceland became an extreme example of financial ruin when the financial crisis hit. Øygard took on the role of Central
How Iceland Can Teach Us A Lesson in Risk from the 2008 Financial Crisis Read More »
The problems people face during the pandemic aren’t only financial — everything is entangled with emotions. It’s what Sarah Nadav’s new book, What the F*CK Should I Do Now?: How to Manage your Money when Everything You Thought You Knew Stops Making Sense, addresses. Who better to write a book during the pandemic than Nadav, a
Navigating the Pandemic, According to Sarah Nadav Read More »
*UPDATED AS OF DECEMBER 23, 2020 If you’re struggling to make ends meet due to the impacts of Coronavirus, a second stimulus could be coming. The Coronavirus Response and Relief Supplemental Appropriations Act of 2021 – a $900B relief package to deliver the second round of economic stimulus for individuals, families, and businesses was passed
What the Stimulus Package Means for You Read More »
Congress has finally passed a second stimulus package to combat the massive COVID-19 economic impact. The $900 billion package covers stimulus checks, unemployment boost, small business aid, school and public health funds, rental and nutrition assistance and a ban on surprise medical bills. Many Americans feel the proposed measures are not enough. Here’s what made
Here’s What You’ll Get from the $900 Billion Stimulus Package Read More »
With a Friday deadline looming over lawmakers’ heads, the latest stimulus package seems closer than ever. But nothing has been signed just yet. The $900 billion stimulus proposal didn’t originally include direct payments to Americans, though the latest word from Congress tells us checks will be included after all — even if they’re only half
As Stimulus Talks Drag, Is A $600 Check Enough? Read More »
On December 4, U.S. Secretary of Education, Betsy DeVos announced that the student loan forbearance period would extend through January 2021. While a one-month extension wasn’t the Christmas miracle many were hoping for, it gives lawmakers time to agree on the next stimulus package or for the new administration to pass loan forgiveness. A recent
Confused About When Your Student Loans Are Due? Here’s What We Know. Read More »
Richard Lachmann’s book manages to connect status and national choices — making us realize that some failures aren’t far from home. All good things come to an end — including the global dominance of the United States. In First-Class Passengers on a Sinking Ship: Elite Politics and the Decline of Great Powers, Lachmann compares the
The Decline of the U.S. Has Already Begun Read More »