In the past, there was no doubt about which road to take when it came to having the best opportunities for a promising future. College was dangled in front of the youth of America like a golden ticket to make their career dreams come true. Today, a higher education has lost its luster due to a struggling economy and an extremely competitive job market.… [Read more]
Here we present discussions of private or public funds, their management, and the financial system that serves them. And, as with mostother topics, we want to know the impact of politics across state and global markets.
On May 19 of this year, Los Angeles lawmakers voted 14 – 1 to raise the minimum wage to $15.00 by 2020. That makes L.A. the largest city to significantly raise the minimum wage, which is currently at $9.00 . The increase would take place in stages with the first one happening on July 1, 2016.… [Read more]
American students have been found to be way too behind in the financial literacy arena. According to a recently conducted study, U.S. students’ financial literacy scores were below average. Although this study was for high school students, the findings among students beyond high school was the same. While students are pushed to towards higher education, in spite of them being unable to afford it, they make some very basic mistakes due to their lack of understanding regarding finances – and this ends up costing them even later on in life.… [Read more]
Hearing the words “Obamacare” and “Affordable Care Act” strikes confusion into the minds of many Americans as the quest for the best health insurance plan continues for many.
People hear these terms and how health care and health insurance will be affected, but often times the outlook and options are misunderstood. The public wonders if health insurance will ever be perfect and what their coverage will look like in a few years.… [Read more]
Looking to buy a home? Believe it or not, it might be easier than it’s been during the last two decades to secure a mortgage from financial institutions.
According to a survey of senior loan officers commissioned by the Federal Reserve, at negative 18.3 percent, the net percentage for prime mortgages was the lowest it’s been since the central bank started tracking it in 2007.… [Read more]
It seems in the aftermath of the recent economic crash a lot of states having begun reversing their policies on gambling in order to combat their budget constraints and expand the amount of money they pull in from taxation.
Online gambling and slot machines in lottery halls are common sight across the UK and other European countries, in fact you can visit a website like paypal-casinos.co and within minutes you’ll be playing a slot game.… [Read more]
Public health and the availability of healthcare services have become increasingly prominent issues in recent years. In the US, the controversial debate regarding the possible establishment of a public healthcare system has sparked many to revaluate their opinions towards public healthcare.
How public healthcare works
The fundamental principle behind a public healthcare system is that the tax payments which individuals make to the State will be allocated towards the payment of their healthcare.… [Read more]
The United States has a significantly unequal distribution of weallth when held in comparison with other developed countries across the globe. So much so that recent figures state reveal that in the US 75.4% of all wealth is owned by the richest 10% of the population. This means that the US has the most extreme wealth concentration of any of the top 20 developed nations in the world.… [Read more]
Despite the many benefits that they pose to those who use them, payday loans have been outlawed in fifteen states – Arizona, Arkansas, California, Connecticut, Georgia, Maryland, Massachusetts, Montana, New Hampshire, New Jersey, New York, Ohio, Pennsylvania and West Virginia – as well as in the District of Columbia. New York in particular expressly prohibits making such loans over the Internet as well as in person.… [Read more]
Small businesses help fuel the nation’s economic growth. Small business owners are already busy juggling plenty of challenges. Between tasks such as managing employees, keeping tabs on the industry, and striking a balance between operating expenses and turning a profit, small business owners have their work cut out for them. The last thing any small business owner needs is to heap on an unnecessary burden – such as excessive paperwork.… [Read more]
Ask most and they will tell you there are two ways to salvage an economy: the revenue side, by way of taxation or fees, or on the the spending side, by way of expenditure reductions. Determining where and how much is the point at which negotiations and compromise get bogged down.
The President re-elect has released his budget for 2013 that the administration believes is fair; at another time in history the budget would be viewed as pragmatically centrist.… [Read more]
In 2010, there was a midterm election. The Right took a seat majority from the Left. Reactions varied; some claiming to be totally unsurprised, others were more honest. Even in the face of what many termed ominous for President Obama, to his credit regardless of the validity, he took the blame. Some have appointed this stumbling block the reason behind the lack of faith in the European markets still rampant today.… [Read more]