The first half of 2022 has been a historically bad stretch for markets, and the carnage hasn’t been limited to stocks. As stocks and bonds have sold off in tandem, investors who for years have relied on the 60-40 portfolio – named because it involves holding 60% of one’s assets in stocks, and the remaining…
Paid medical debt is rolling off consumer credit reports in an overhaul that the credit bureaus say will improve people’s financial wellbeing. In a time of rising interest rates and increased costs with the pandemic’s scariest days hopefully done, for some it can’t come a moment too soon. Equifax, Experian and TransUnion are dropping the…
MILAN, Italy (Project Syndicate) entCentral banks’ efforts to contain high and rising inflation are fueling headwinds to growth and are threatening to tip the global economy into recession. But the proximate cause of today’s inflationary pressures is a large, broad-based, and persistent imbalance between supply and demand. Higher interest rates will dampen demand, but supply-side…
CAMBRIDGE, England (Project Syndicate) —A new show currently airing gives fresh meaning to the term reality TV. Call it “American Democracy: Clear and Present Danger.” It should be required viewing. Almost 18 months after the Jan. 6, 2021, storming the US Capitol, a House of Representatives select committee is publicizing the findings of its detailed…
It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than last year, they’ll fill up at gas stations where they are likely to be paying just a little less at…
Read More “Gas prices edge down just in time for July Fourth travel – here’s why” »
The natural gas that lights popular gas stoves for both home and professional cooks contains low concentrations of several pollutants and chemicals linked to cancer, a new study has found. The study, by the Harvard TH Chan School of Public Health and published this week in the journal Environmental Science & Technology, is the latest…
After 21 years at its current location in downtown Fargo, ND, Red River Women’s Clinic will be moving to Moorhead, Minn. The new location is a 15-minute drive away across the Red River, which forms the state border between Minnesota and North Dakota. Last Friday, the US Supreme Court overturned the landmark Roe v. Wade…
Democratic lawmakers are scrutinizing whether the American dream of a suburban home and white picket fence is being seized upon by large institutional investors, costing working people a shot at property ownership. The House Financial Services Subcommittee on Oversight and Investigations held the virtual panel Tuesday, titled “Where Have All the Houses Gone? Private Equity,…
I’m a working-from-home mom and my supervisors have no intentions of bringing me back to the office at this time. In order to actually get work done, I have pieced together childcare using the help of family and friends. I have one friend who has really gone above and beyond to adjust her own flexible…
First came the pandemic, then came inflation. Americans already feel anxiety caused by rising prices. However, experts say that women are feeling it more acutely. A mix of factors – including a gender imbalance in household duties and pandemic-induced financial insecurity exacerbated by an increase in childcare costs – are all impacting women’s mental wellbeing….
Read More “Inflation has hit women more ‘acutely.’ Here’s why.” »
