Tax & Finance

Americans are gradually returning to the nation’s roadways, after the pandemic had suppressed travel. Gas prices have followed suit. Drivers now pay an average of $3.31 per gallon, according to...
After nearly two years of pandemic-related border closures and restrictions, COVID-19 vaccines are providing hope for a post-pandemic surge in international travel and tourism. Still, even after the...
Income inequality has become a major topic of political discourse all over the world, particularly since the COVID-19 pandemic began. Many governments adopted aggressive stimulus programs to put...
At the height of COVID-19 pandemic, the nation’s unemployment rate soared to 15%, the Bureau of Labor Statistics reports. And the fallout on American workers was immediate as many lost their...
The COVID-19 pandemic has disrupted economic activity worldwide, taking its toll not only on people’s personal finances but on public revenue as well. The lockdowns interfered with business...
Following the tax cuts of 2017, the wealthiest Americans saw their top marginal federal income tax rate fall to 37% from the 39.6% they had been paying since 2013. How does that top-tier rate of...
Americans appear to be going back to their pre-pandemic borrowing habits, causing total U.S. household debt to hit a record $15.24 trillion over the summer, according to a November report from the...
The COVID-19 pandemic and associated lockdowns in 2020 led to over 9 million U.S. workers losing their jobs. Of those who didn’t, some took pay cuts or had their employment hours reduced. This put...
Debt. Nobody likes it, but we all have some amount of debt on our household ledger. 2020 was a strange year in terms of household finances — on the one hand, many Americans were suddenly out of...
Though the COVID-19 pandemic disrupted many households financially, adding to debt burdens at times, the share of people with debt in collection has very slightly improved and in October 2020 stood...
In 2020, at a time when many people were looking for a job, scammers were hard at work trying to trick Americans out of their money. Throughout the year, law enforcement reported 4.7 million...
In much of the country, public pension funding has been one of the most persistent public policy problems. For years, state governments have failed to make necessary investments in their retirement...