Author: Mark Garro

In the world of quick-service restaurants, a seismic shift is occurring. Places that were once known for their affordable meals are now facing a steady climb in prices. Inflation Hits Fast Food Hard In the past year, iconic chains like McDonald’s and Chipotle have significantly increased their menu prices, far exceeding the typical inflation rates. […]

The complexity of tax documentation can overwhelm even the most diligent taxpayer. Fortunately, the IRS wants to simplify its communications to make life easier for millions. It has commenced a new initiative to make tax notices more accessible and understandable. The Taxpayer’s Burden The average American taxpayer faces a daunting challenge each year thanks to […]

Homeownership is becoming increasingly unaffordable for the average American, but new real estate analysis suggests that ethnic minority groups are hit hardest by housing unaffordability.  Home Ownership Blues According to a new analysis from U.S. real estate brokerage Redfin, most potential homebuyers in the States feel like home ownership is now out of their reach. […]

In the U.S., young adults are facing financial challenges unlike those of their parents. The burden of debt driven by enormous mortgages and students loans are having a dramatic impact on key life milestones.  Financial Dependence on Parents The Pew Research Center reports that less than half of 18- to 34-year-olds are fully financially independent […]

In a striking demonstration, women across Iceland momentarily stepped away from their roles, both in offices and at homes, to bring attention to the persistent gender pay gap and the issue of gender-based violence. This silent yet resonant protest not only underscores the critical role of women but also offers the United States an opportunity […]

The increasing financial burden of healthcare is putting many Americans in a tight spot. A recent survey reveals the challenges individuals face in paying their medical bills, suggesting a deep-seated problem that extends beyond mere affordability. A Comprehensive Study A 2024 Healthcare Financial Experience Study conducted by Cedar delves into the reasons why Americans find […]

The American workforce is experiencing a shift, as workers find themselves clocking fewer hours for the same pay, thanks to increased offerings of vacation, sick, and family leave.  A Growing Gap A noticeable gap has emerged between the hours American workers are paid for and the hours they actually work, showing an improvement in work/life […]

Retirees have been significant contributors to consumer spending in 2023, buoyed by a substantial increase in Social Security. However, this trend might see a slowdown as the cost of living adjustment (COLA) decreases this year.  Record Hike in COLA In 2023, Social Security beneficiaries saw an 8.7% increase in COLA, the highest in four decades. […]

SafeMoon, a name once synonymous with skyrocketing crypto gains, is now the center of a major scandal. U.S. authorities have charged the top executives with fraud. SafeMoon’s Downfall SafeMoon executives have been indicted for fraud. The company’s once high-flying token has plunged, causing concerns among crypto investors. Who’s Been Charged? Founder Kyle Nagy, CEO Braden […]