The housing market in America is in deep trouble, according to senior economists. Let’s take a look at what they’ve been saying. The Housing Market Crisis New data from real estate website Redfin has revealed something that a lot of people may have already realized – the housing market is tough. Rising Income Requirements According […]
Author: Joe Lysikatos
China’s Ascendancy Threatens U.S. Dollar Stability, Warns Analyst
Fresh from his retirement, famed banking analyst Richard X. Bove has delivered a prediction that could throw a spanner into the works of the U.S. economy. Here are his full remarks. Bove’s Bold Prediction “The dollar is finished as the world’s reserve currency,” announced Bove in an exclusive interview with the New York Times. The […]
Massive $60 Million Geothermal Investment Promises Limitless Clean Power
The Biden Administration has unveiled a next-level funding investment into renewable green energy that they say could provide infinite energy. Let’s take a look at their plans. Biden Administration’s Push for Net Zero President Biden and the department of energy (DOE) have announced a big move toward shifting to net zero, with a $60 million […]
Solar Eclipse Boosts Texas Economy by Hundreds of Millions
The recent solar eclipse in Texas is projected to generate a significant economic boost. With major cities like Dallas-Fort Worth, Austin, and San Antonio in its path, the event attracted millions of residents and tourists. Economists estimate visitor spending to reach hundreds of millions, with each visitor spending around $300. Despite concerns about inflation, Texas’ […]
Minnesota Lawmakers Push to End Low-Pay Loophole for Disabled Workers
Lawmakers in multiple states are trying to abolish the subminimum wage, which allows employers to hire certain people and pay them less than the statutory minimum. The most recent push is from Minnesota politicians. Here’s what you need to know. Exploring the Subminimum Wage While we all know about the federal minimum wage, an underlooked […]
Senate Champions Crack Down on Employers’ Wage Theft, Addressing Rise In Unpaid Overtime, Meal Breaks, and Off-the-Clock Work
A bill that aims to stop wage theft is rapidly moving through government, with supporters hopeful it could be implemented this year. Let’s take a look. Addressing Wage Theft The Wage Theft Prevention and Wage Recovery Act is an extensive act of legislation that promises to stop wage theft in America. Broad Support It’s led […]
Living to 100 Years Old – But How Are We Going to Pay for It
Living longer is becoming the new norm in America, according to a new report. But with those added years comes extra peril for your retirement portfolio. Let’s take a look. A Common Goal Have you ever thought about living to 100? Well, you’re not alone – it turns out a lot of us are thinking […]
New ‘Credit for Caring Act’ Offers Tax Credit for Caregivers
New legislation introduced by a cross-party group of House Representatives and U.S. Senators could potentially change the lives of millions of caregivers. The “Credit for Caring Act” aims to reimburse family carers with up to $5,000 in federal tax credits. This credit would extend to cover 30% of qualifying expenses over $2,000, a move which […]
Return to the Office and Earn an Extra $20,000 a Year
New research into remote work has revealed some interesting findings that many people may want to take note of. Here’s the full report. The Remote Work Revolution In the years since 2020, remote working has increased tenfold. Insights from 2023 Data According to 2023 data, around 13% of full-time employees work from home, and almost […]
Ozempic’s $1,000 Price Tag Fuels Big Pharma Debate
A new medical report has stirred some serious debate about the pricing of drugs used to combat diabetes and obesity. Here’s the full story. Ozempic’s Pricetag Predicament If you’re in the U.S., you’ve probably heard about the miracle drug “Ozempic. It’s all the rage for folks wanting to keep their hunger at bay and lose […]