Economy

All Economy Articles

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Guess the Poorest Area in Your State

24/7 Wall St. Insights 24/7 Wall St. reviewed five-year median household income estimates from the U.S. Census Bureau’s 2022 American Community Survey to identify the poorest county or county equivalent in each state. The…

Jennifer Geer · 2 years ago

East Asia Is Facing A Disaster It Can’t Fix

Fertility rates in the developed world are falling rapidly. For population stability, the broadly accepted figure is 2.1 children per woman. The global fertility rate is just above this figure at 2.3 children per…

Michael Muir · 2 years ago

This Is Why Americans Feel Poor

According to a new study from MarketWatch, 49% of Americans say they are “broke.” Two-thirds say they are living “paycheck to paycheck.” However, the CPI topped 8% in 2022 and has recently dropped to…

Douglas A. McIntyre · 2 years ago

US States Where A Big Mac is Unaffordable, Ranked

The United States has had stronger-than-expected growth, leading the World Bank to upgrade its outlook on the global economy this June. America’s economy is the world’s biggest, comprising 80% of the World Bank’s outlook.…

Jenn Boozer · 2 years ago

US States With the Most Homeless People, Ranked

A recently released survey found that three times as many people were experiencing homelessness in Chicago than the previous year. 19,000 people were counted in one night versus the 6,000 counted in 2023. Many…

Jenn Boozer · 2 years ago

That Fed Rate Cut Isn’t Coming

With consumers still squeezed by inflation, the Federal Reserve has little impetus to cut interest rates this year.

Douglas A. McIntyre · 2 years ago

The County in Every State With the Worst Poverty Rate

President Roosevelt signed the Social Security Bill on August 14, 1935, as a promised plan to safeguard “against the hazards and vicissitudes of life.” This Bill was only a piece of the work completed…

Jenn Boozer · 2 years ago

This is the Country China Is Most Heavily Investing In

Over the past few decades, China has grown exponentially, developing into an economic powerhouse. In fact, China currently has the second largest economy in the world. In addition to reshaping the global economy, China’s…

Sam Stebbins · 2 years ago

How the Stock Market Did Under Every US President

Participation in the stock market is at an all-time high in the United States. Whether as retail investors or under a professionally managed fund, 58% of American households owned stocks in 2022, according to…

Sam Stebbins · 2 years ago

Inflation Hit by Car Insurance

The consumer price index (CPI) for February was higher than expected, partly because motor vehicle insurance was up sharply.

Douglas A. McIntyre · 2 years ago

Is Inflation Over?

After a period of share inflation, during which the Federal Reserve raised rates to tame it, the central bank may have accomplished its goal. Inflation needed to come down to 2%, the Fed said,…

Douglas A. McIntyre · 3 years ago

The Cheapest City To Live In The World

The cost of living in America can vary widely from city to city. The coastal cities are usually the most expensive based on income and cost of living. New York, Los Angeles, and San…

Douglas A. McIntyre · 3 years ago

People Are Fleeing New Jersey

A recent analysis reveals that the states people moved away from most in 2023 were New Jersey and Illinois.

Douglas A. McIntyre · 3 years ago

America’s Greatest Enemy

Since the mid-1700s, America has had a string of enemies that have run from England to Germany during the two world wars, to Japan in World War II, and to Russia during the post-war…

Douglas A. McIntyre · 3 years ago