Sunday, May 28, 2017

If You Have $10 And No Debt, You Are Richer Than 15% Of American...

Source: Tim Worstall, forbes.com It is possible to take this as a sign of the approaching Apocalypse - that 15% of American households own less than nothing. It is also possible to simply observe that if you've got $10 in...

Warren Buffett just confirmed the death of retail as we know it

Source: Hayley Peterson, businessinsider.com Warren Buffett says that in 10 years, the retail industry will look nothing like it does now. "The department store is online now," the billionaire investor said Saturday at Berkshire Hathaway's annual meeting in Omaha, Nebraska, as...

New Study Finds Millennials Spend 44 Percent of Food Dollars on Eating Out

Source: Alexandria Talty, forbes.com From the rise of fast-casual restaurants to the ease of delivery services, eating prepared food is a convenient proposition in 2016. And it seems that millennials are taking advantage of that, spending more of their food...

The House just passed a bill that affects overtime pay

Source: Julia Horowitz, money.cnn.com Do you get paid for overtime work? The House of Representatives just passed a bill you may want to know about. The measure, backed by Republicans, would let employers give workers paid time off instead of time-and-a-half...

Giving people $1,000 in ’emergency cash’ could prevent homelessness

Source: Chris Weller, businessinsider.com For people on the brink of losing it all, cash can be a lifesaver. That's according to a study published in the August 2016 issue of Science, which found giving the near-homeless roughly $1,000 in "emergency cash" substantially...

Treasury Secretary Mnuchin says it will take 2 years for the US economy to...

Source: Bob Bryan and Reuters via businessinsider.com US Treasury Secretary Steve Mnuchin said on Monday that it could take up to two years to have economic growth reach 3% and that tax cuts and regulatory relief will help get there. "There are...

4 perks of Solo 401(k) for business owners and freelancers

Source: Dmitriy Fomichenko, NerdWallet via usatoday.com “Save your money. You’re going to need twice as much money in your old age as you think.” — Michael Caine If you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a...

More Americans want to downsize their homes than supersize them

Source: Alessandra Malito via marketwatch.com The number of compact townhouses being constructed rose by 13% last year The American Dream of owning your own home remains. But the home itself appears to have gotten smaller. As American homes grow larger in size (and higher in price) many...

Bitcoin is now worth more than an ounce of gold for the first time...

Source: Joseph Adinolfi via marketwatch.com The digital currency continues to trade at all-time highs Bitcoin has risen more than 25% this year to trade on Thursday at an all-time high north of $1,250. One unit of so-called digital gold is now worth more than...

Dramatic cuts are no way to save Social Security

Source: Alicia H. Munnell via marketwatch.com House Ways and Means subcommittee chair proposes 31% cut in benefits In December, House Ways and Means Social Security Subcommittee Chairman Sam Johnson introduced a bill to “save” Social Security. The problem is that he...

BREAKING NEWS

Christian Extremists Slaughter Muslims in Central Africa

Source: The Anti Media Media Silent as Christian Extremists Slaughter Muslims in Central Africa Hundreds of civilians are seeking refuge inside a mosque in the Central...