“A rising tide most definitely did not lift all boats. It didn’t even lift most of them, as nearly all of the benefits of growth these past 45 years were captured by those at the very top.” According the report…
Category: Economy
A significant portion of these ‘coffee deposits’ end up going unused. Since Starbucks digital and physical gift cards have no expiration date, Starbucks uses historical data to estimate how much the company expects will never be redeemed. The company describes…
Despite how you may be feeling about 2020, it’s been an incredibly great year financially for some of the richest people in the world: A ton of wealth was created in 2020 and if the past is any indication, a…
The Education Department, with the help of two private consultants, looked at $1.37 trillion in student loans held by the government at the start of the year. Their conclusion: Borrowers will pay back $935 billion in principal and interest. That…
Totally disagree with forgiving $50,000 in student loan debt or any amount in general, mostly because I don’t have any student loans but if they want to give everyone $50,000 to do with it as they wish, I might be…
“The government network of 3,900 monitoring devices nationwide has routinely missed major toxic releases and day-to-day pollution dangers, the data show. The network, for example, identified no risks from 10 of the biggest refinery explosions over the past decade, the…
The Man: Do you know how people with hoards of money get to have those hoards of money? They make some money, and then they don’t spend it all. They keep some each time it comes in, and they use it to…