Economy

Brazilian flag

What Each Olympic Medal Costs Each Country Versus GDP

The 2016 Olympics in Rio have come to an end. The big haul of gold and total medals was won by the United States, but Great Britain, China, Russia and ...
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washing machine

Why Women Still Do the Wash

In the modern household, married couples are supposed to share chores, not along traditional lines, but in the spirit of equality. And the partner who makes the most money gets ...
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hot sun

It’s 115 Degrees in Kuwait

As of 3:00 p.m. local time Saturday, the temperature in Kuwait City was 115 degrees Fahrenheit. Less than a month ago, the temperature in the Kuwaiti city of Mitribah hit ...
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Antarctica

It’s 50 Below in Antarctica

July was the warmest month on record when the average global temperature was the measure. There are still some places that, though they may have been affected as well, have such ...
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broke

Bottom 50% of Americans Have 1% of Wealth

Whether it is the top 1% or the top 0.1%, the rich hold a huge portion of all the wealth in America and around the world. The pattern has not ...
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ThinkstockPhotos-481735362

Leading Economic Indicators Point Marginally Higher

Thursday's barrage of economic reports included the Conference Board's report on the Leading Economic Index, known more commonly as the Leading Economic Indicators report. This report is sometimes confused on ...
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through the cracks

Philly Fed Shows Cracks in Employment Picture

The Federal Reserve Bank of Philadelphia has released its August Manufacturing Business Outlook Survey, showing that growth in the Fed district was rather weak for the manufacturing sector. In Thursday's report, ...
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prison

10 States With the Most People on Death Row

As Lonnie Franklin Jr., also known as the Grim Sleeper, heads to death row, it is worth a look at how many people await execution in the 10 states with the ...
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Hispanic family

Latinos Age More Slowly Than White or Black Americans

As the U.S. population ages, and the burden on Social Security and medical facilities grows, one of the most important questions is where and when many older Americans will need ...
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bankruptcy

Top 10 States for Bankruptcy

Nick Denton recently filed for bankruptcy as a suit against Gawker, the famous publication company he owned, was swamped by a lawsuit won by Hulk Hogan. The bankruptcy levels vary ...
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percentage button

Odds of Rate Hike Rise for 2016

It probably sounds like a stupid joke to address a market sell-off at this point in August. After all, the Dow Jones Industrial Average, the S&P 500 Index and the ...
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credit cards

Consumer Inflation Remains Elusive — or Does It?

That 2.0% to 2.5% inflation target of the Federal Reserve is just proving to be more than elusive. The U.S. Department of Labor has released its consumer price index (CPI) ...
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Brazil

Will Brazil Go Out of Business?

Brazil's problems spread beyond a terrible management of the Olympics and a scandal that has badly hurt its oil company, Petróleo Brasileiro S.A. (NYSE: PBR), better known as Petrobras. It goes ...
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Mt. Rushmore

The 10 Richest Presidents in American History

Hillary Clinton has released her tax returns. She and her husband, former president Bill Clinton, had income of $10.6 million last year and paid $3.24 million in federal income tax. ...
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Welder

Producer Prices and Retail Sales Show Disappointing Inflation Trends

Wishing for higher inflation sometimes just feels odd. You have to have higher prices in the future to help with growth, but it means we all have to pay more ...
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