May 10 Spoil mom with gifts on Mother’s Day, but watch out for these scams By Rebecca Lee While Mother's Day should be spent celebrating the important women in our lives, it could also be a very lucky day for scammers. The Better Business Bureau advises shoppers to be wary of Mother's Day vendor scams, especially online, which… Continue reading
May 10 Chinese central bank announces further rate cuts By Daniel Costa-Roberts In an effort to counteract an ongoing economic slowdown, China's central bank cut interest rates for the third time in six months… Continue reading
May 08 Watch 4:48 Who’s really paying the price for those beautiful nails? By PBS News Hour In New York City, manicures are inexpensive for customers but come at a high price for workers. The New York Times found that nail salon employees work for very low wages or for nothing, usually after paying a fee to… Continue watching
May 08 April job growth blooms after harsh March By Making Sen$e Editor A bleak March labor report gave way to a brighter April, adding 223,000 jobs and dropping unemployment to a seven-year low. Continue reading
May 08 Obama says trade deal lets U.S. write the rules, not China By Jim Kuhnhenn, Associated Press President Barack Obama argued forcefully Friday for a pending international trade agreement, saying the U.S. must write the rules for global commerce now, while it's in a position of economic strength, or lose out. Continue reading
May 07 Watch 8:38 How does Baltimore’s economy recover after the riots? By PBS News Hour Business owners, investors and even churches have seen their livelihoods crippled by the riots that plagued Baltimore this past week, following news of the death of a black man while in police custody. Now they are trying to piece back… Continue watching
May 06 Here’s what you need to know about the serious backlog of Medicare appeals By Philip Moeller There is a serious issue here, but its direct impact on Medicare beneficiaries is perhaps not so great. Continue reading
May 04 Watch 7:29 Why the place you grow up can limit earning power for life By PBS News Hour Poor children in Baltimore face worse economic odds than low-income kids elsewhere. That’s according to a new analysis by Harvard’s Equality of Opportunity Project, which found that where a child is born has a huge effect on their future financial… Continue watching
May 04 10 tricks to raise your retirement living standard By Laurence Kotlikoff Every question in personal finance begins and ends with our living standard. Here are 10 magic tricks that produce the equivalent of a couple finding hundreds of thousands of dollars on the street. Continue reading
May 04 Income inequality begins at birth and these are the stats that prove it By John Komlos We need to look beyond the ugly surface manifestations of young black men being shot in the back and consider the deeper socioeconomic plight of this demographic in this country in 2015. The truth of the matter is that people… Continue reading