According to the U.S. Census Bureau, 42 metropolitan areas around the country boast a median household income of $70,000 or more — sometimes tens of thousands more. These are America’s wealthiest municipalities, and they…
“I’m starving,” people blithely say when it’s been five or six hours since their last burger or plate of pasta. For much of the world, that phrase has a much more literal meaning. According…
The U.K. Treasury has announced that it has sold about £5 billion worth of loans that it had acquired from the taxpayer during the financial crisis.
The financial markets cheered news that China's manufacturing report in March had shown an unexpected recovery and expansion. Now a fresh read indicates that the United States is holding up even better than China.
Is China's rapid economic slowdown already back to recovering? A new report showed that its manufacturing activity unexpectedly expanded in March to the fastest growth in eight months.
China’s National Bureau of Statistics reported that its purchasing manufacturers index (PMI) rose to 50.5 in March from 49.2 in February. Any number under 50 signals a contraction, so the news was good for…
Where does a scandal like the one that has thrown the nation's focus onto college admission start? Almost certainly, when families see how nearly impossible it is to get into the world's most elite…
A new report from the World Meteorological Organization on the global climate notes that the past four years are the warmest on record. This has both short-term and long-term implications for people, governments and…
The University of Michigan Consumer Sentiment Index for March increased month over month to 98.4, well above economists expectations.
The U.S. Department of Commerce has released an updated view on fourth-quarter gross domestic product (GDP). As expected, the biggest measurement of economic growth was revised down to 2.2% from the preliminary 2.6% reading.…
While not related, the plague of firings across some of the world's largest companies is an ominous sign of restructuring among corporations bent on cutting costs due to economic conditions.
It’s the third-smallest country in the Middle East, covering a mere 11,610 square miles — 1/185th the size of its neighbor Saudi Arabia. It ranks 54th in the world in annual overall GDP, or…
A recent financial security survey has found that many Americans remain anxious about their long-term financial security. The 2019 Primerica Financial Security Monitor found that many families are not taking steps toward a secure…
Studies have shown that women in the United States make about 80% of what men do to perform exactly the same job. A new survey forecasts that will not change completely until 2070.
The Conference Board has released its Consumer Confidence Index, which shows a decline in March after increasing in February.
