Currently, due to various domestic and international events going on right now, the United States (U.S.) economy is performing poorly. From high gas prices to even higher inflation rates, some people are speculating the worst.
by Nailah HerbertOne of the biggest purchases a person can make is buying a home. Buying a new home is typically an excellent long-term investment; once the mortgage is paid off, you are left with a high-value asset under your name.
by Matin VarshochiA monetary tip is an incentive for workers within the service industry, such as a restaurant or hotel, who provide good service. When employees provide exceptional service at a sit-down restaurant, they receive a higher compensation after giving the total bill to the customer.
by Matin VarshochiSince the COVID-19 pandemic, the housing market has continued to rise in value, although the economy has been in a recession. With the fear and uncertainty of the pandemic, many began purchasing homes, ultimately raising the average house price.
by Matin VarshochiThe Social Security Act, passed passed 86 years ago, is a key component of retirement income for nearly all individuals. Social security insurance also provides a safety net should a worker become disabled or a family lose their breadwinner.
by Pam HillThe ongoing COVID-19 pandemic halted and slowed down international travel demand. Now that many travel restrictions have been removed or loosened, leisure travel has increased.
by Matin VarshochiInflation has increased significantly since May 2021, due largely to supply chain disruptions from COVID19 and Russia’s invasion in Ukraine. The investments that perform well under inflation and retain all or most of their value can bring in more cash
by Pam HillDue to COVID-19, everyday items have begun rising in price. For example, according to a report released by the Bureau of Labor Statistics, certified pre-owned cars have raised in price by 41.2%.
by Matin VarshochiThe rise in the number of jobs available caused the unemployment rate to drop to 3.8 percent, down from 6.2 percent in February 2021. As the unemployment rate continues to decline and more people can find jobs.
by Nailah HerbertLast year inflation took a giant leap as consumer prices rose in many prominent United States metropolitan areas. However, Atlanta has seen the highest inflation rates on goods and services, increasing around 9.8 percent since 2021.
by Nailah Herbert