by P.J. DiNuzzo August 23, 2016 Costs of Living What is a dollar worth? If you answered that it's worth a dollar, you must be living in Illinois. A research report by U.S. Bureau of Economic Analysis found that the prices for a particular basket of goods and services-food, transportation, housing and education-are higher in some […]
by P.J. DiNuzzo August 25, 2016 Riding the Coaster With the benefit of hindsight, we can see that it would have been a bad idea to sell your stock holdings after the Brexit vote; you would have locked in a 5% to 10% loss in a market that eventually trended upward to new record highs. […]
by P.J. DiNuzzo August 30, 2016 Protected Accounts The Social Security Administration has tightened security in order to prevent hackers and identity thieves. Now, when you log into your Social Security Administration account, you do what you've always done: give your user name and password. Then you receive a security code sent by text message, and […]
by P.J. DiNuzzo September 1, 2016 Follow the Money Who's going to win the U.S. Presidential election in November? If history is a reliable guide, it will be the candidate who raises the most money during the campaign season. The last time the candidate who raised the most money lost was Gerald Ford vs. Jimmy […]
by P.J. DiNuzzo October 20, 2016 2016 Third Quarter Market Report: The Bull Continues 100 days after the Brexit scare, three quarters of a year after the most recent Fed rate hike, the markets once again confounded the instincts of nervous investors and went up instead of down. Last week, Fed Chairperson Janet Yellen told […]
by P.J. DiNuzzo October 25, 2016 Whither Brexit? More than three months after British voters elected to extricate their economy from the European Union, Brexit still hasn't actually happened. What's going on? Apparently nothing more than a careful process designed to minimize damage on both sides of the English Channel. British Prime Minister Theresa May […]
by P.J. DiNuzzo October 27, 2016 Pound Poor, Pound Foolish You may have read that the British pound has had a very rough couple of weeks on world markets, losing more than 4% of its value against the dollar in one week, and continuing the slide through the next, finally reaching a 31-year low against the […]
by P.J. DiNuzzo October 29, 2016 Buying a Credit Score on the Cheap Your kids graduate from college and face an immediate dilemma: they have no credit history, which makes it harder for them to rent an apartment or get a credit card. Is there a way the parents can help them without risking their […]
by P.J. DiNuzzo November 1, 2016 Structural Struggle Why has the American economy grown so slowly since the Great Recession? This year, GDP growth will fall somewhere in the 1.5% to 1.8% range, below the 3% growth rate that is considered a sign of robust economic health. Critics have blamed everything from China's slowdown to globally […]
by P.J. DiNuzzo November 3, 2016 Internet Participation Rates Pretty much everybody has access to the Internet. Don't they? The actual global median of all countries is 67% of citizens, but access is not evenly distributed. In the U.S., 89% of adults use the Internet at least occasionally, according to the Pew Research Center. Only South […]
