A financial expert recently shared his thoughts on the Giving Pledge. He pointed out that it was born out of fear during the 2008 financial crisis. Wealthy individuals wanted to avoid public anger. But, he argues, the Giving Pledge hasn't made much progress. He believes a new idea, called Trump Acc
People's health habits change as they age. But why do some folks stick to good habits while others don't? It turns out, money plays a big role. A recent study looked at how people's lifestyles change over time in the US, UK, and China. The focus was on middle-aged and older adults. The study found t
Big ranchers are making huge profits, but who's really footing the bill? It's not just the ranchers. The government is giving them a massive discount to graze their cattle on public lands. This discount is so big that it's like paying only 15% of what they would on private land. And guess who pays f
The money game is not fair. It's like a rigged contest where the rich get richer, and the poor get poorer. This is not a new idea, but it's worth talking about. The system is set up in a way that benefits those who already have money. It's like a secret club where only certain people know the rules.
The economic landscape has shifted, leaving many young people struggling to keep up. Rising housing costs and tough job markets are making it hard for them to achieve the same lifestyle as previous generations. This affordability crisis is a growing concern, with experts on both sides of the politic
New tax laws might change how Americans give to charity. The changes could make the wealthy give less and encourage middle-class folks to give more. But will it work? The tax bill passed in July has some big changes. It lowers the tax benefit for top earners from 37% to 35%. This could mean $4. 1 b
In a room filled with determined voices, Rep. Ayanna Pressley asked a tough question: Why are Black women, who are among the most active in the job market, facing rising unemployment? The gathering in Boston brought together experts to explore this issue, revealing how the challenges faced by Black
Elon Musk has been talking about a future where robots do all the work. He thinks this could happen in the next 10 to 20 years. Musk believes that with advances in AI and robotics, humans won't need to work for money anymore. Instead, people will spend their time on hobbies or creative things. He ev
New Jersey's newly elected governor, Mikie Sherrill, has a big task ahead. The state has some serious money problems, and they're not just about taxes or jobs. There's a huge gap between how much white families have and how much Black and Latino families have. This isn't just about numbers; it's abo
In the world of politics, money talks louder than votes. This idea, known as the investment theory of politics, suggests that those with deep pockets have a disproportionate say in how things run. This isn't just about campaign donations; it's about who has the power to influence policies and shape
