May 17, 2013
U.S. stocks might be overvalued, but they could offer more safety than foreign stocks do for now. The risk in foreign markets is in the dollar, which has been surprisingly strong in the past few months.
May 15, 2013
Every month, the headlines tell us the number of people collecting disability payments instead of working has reached a new high. The number now stands at more than 10.9 million and has grown an average of 13,000 a month for the past year.
May 10, 2013
Government rules already define much of the higher education system. Students at the same schools rarely pay the same price for tuition because of complex financial aid calculations. Aid can be based on any number of factors, including gender and other personal characteristics of the student.
May 8, 2013
Someone with a job will usually only quit if they have a better opportunity somewhere else. Because most quitters will be confident they can find a better job, the number of people willing to quit their job offers useful insights into the job market.
May 3, 2013
In 2008, government officials around the world were forced to bail out the largest financial institutions because they were simply too big to fail. Allowing all of the struggling firms to suffer for their miscalculations would have led to chaos in the financial system.
May 1, 2013
Greece is laying off government employees in response to its financial crisis. Over the next few years, as many as a quarter of the government work force might be let go.
Apr 26, 2013
Stock market analysts often apply a variety of analytical tools to price action as they look for clues about what will happen next.
Apr 24, 2013
At the beginning of 2013, a temporary reduction in the Social Security tax rate expired and the amount of take home pay for those with jobs dropped by 2 percent. The result was a noticeable drop in disposable income.