Around the country, some local economies that are heavily reliant on the federal government are already hurting because of the ongoing government shutdown. Here are three spots being impacted in an outsized way:
The cost of borrowing is likely to go up. Companies are taking taking advantage now. Some consumers may want to consider doing the same.
Here come the polls. It’s been five years since the meltdown and a whole bunch of us feel like things aren’t getting any better.
Touchscreens, voice control and women bikers
The Tooth Fairy is one girl gone wild. Some kids are getting $50 a tooth and the average bounty is up 42% in two years. Here’s what the trend says about the economy and our collective parenting skills.
A renewed sense of thrift has overtaken back-to-school shoppers, setting the scene for parent-teen conflicts
While the economy has been in recovery mode for the past several years, many groups have been said to be “left behind” — like essentially the entire middle class.
Consumer savings are up, and credit card debt is down. But experts say the economic current is running against us, so even those who think they are swimming are probably just treading water.
The do-it-yourself retirement has largely failed. Swapping traditional pensions for 401(k) plans sounded good while markets were roaring. But 15 years of choppy returns has brought us full circle: Most workers now say no benefit would be more valuable than guaranteed retirement income.
Four in five employees would forfeit at least 5% …
The recovery in charitable giving is one of the slowest since any recession. But individuals who prefer to not wait until they die, and flush corporations, are picking up some slack.
The new face of philanthropy is donor-advised funds for the masses. These fast growing accounts have bucked the trend toward sluggish giving since the recession.