Archive for June 2020
Drug Prices Amid Coronavirus Pandemic
A study published in May in the Journal of Virus Eradication reported on nine potential medications that could be used to treat the coronavirus. Based on how much these drugs…
Read MoreHealth Care: What Lies Ahead
In 1960, the average American spent about $147 a year on health care expenses. In 2017, that number was $10,739. In the ’60s, the health care industry represented 5% of…
Read MoreInflation Or Deflation – What Might Be Next
Consumer prices fell by 0.8% on a seasonally adjusted basis in April, the biggest drop in more than a dozen years, the Bureau of Labor Statistics reported. Conversely, inflation took…
Read MoreWomen And The Financial Toll They’ve Taken
In April alone, the U.S. lost more than 20 million jobs — increasing the unemployment rate to 14.7%. Researchers say one of the demographics hit hardest during the pandemic is…
Read More401(k) Plan: Inheriting and What Comes with It
Within the scope of an investment portfolio, the commonplace 401(k) may seem to be a simplistic account. But it’s not, especially when it comes to estate and legacy planning. The…
Read MoreYour Money Persona: Frugal or Spendthrift?
We are all unique individuals with distinct personalities, likes and dislikes as well as different ways of talking, thinking, solving problems and interacting. We have exclusive modes of expressing ourselves…
Read MoreReal Estate Baby Boomers Are Keeping
In 1989, Harvard economists published a study concluding that as baby boomers aged out of the residential real estate market, there would be a glut of empty homes and prices…
Read MoreFinancial Stress And How To Deal With It
A recent survey by the National Endowment for Financial Education found that almost 90% of Americans were feeling anxious and dealing with financial stress, when it comes to their money…
Read MoreBanking Industry: Where It Stands Today
The Great Recession of 2008 was largely compounded by weaknesses in the U.S. banking system, making it vulnerable to economic and market declines. In an effort to shore up the…
Read MoreSelf-Employment Perks and Pitfalls
Sole proprietors in the U.S. caught a huge break in April. The Paycheck Protection Program, borne out of the economic hardship caused by the COVID-19 pandemic, became available to those…
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