All The New Economy
- Why Millennials are super saversMillennials are saving more than any other age group, and Americans as a whole are saving more than they have in the past, according to a new study.
- Can more women-owned businesses shrink the gender pay gap?The number of women-owned businesses in the United States grew 26.8 percent between 2007 and 2012, outpacing the growth of businesses owned by any other group.
- Starter home dearth: Why existing home sales are plungingA dearth of starter and mid-priced homes may be to blame for the housing market's current impasse, according to a Trulia study released Monday. Existing home sales dipped 7.1 percent in February, according to the National Association of Realtors (NAR).
- For Etsy and more companies, parental leave is for dads, tooEtsy joins a small but growing number of companies expanding their parental leave policies and extending an equal amount of paid time off to their employees, regardless of gender.
- Wages were up in 2015, but so was wage inequalityWages increased slightly in 2015, but wage inequality continued its decades-long rise as well.
- US adds 242,000 jobs in February, but stuck wages frustrateThe economy had another month of robust job gains in February, more people began looking for work, and the unemployment rate held steady at 4.9 percent. But wages fell slightly.
- Inequality's secret engine: friends and familyPoor households – especially those headed up by single mothers – help each other out with money troubles more frequently than others. But children from high-income households are more likely to get the financial help they really need to get (and stay) ahead.
- The alphabet soup of social investingHere's how to navigate the jargon surrounding responsible investing.
- Does your portfolio align with your values?Even ordinary investors can put their money to work in causes they believe in.
- Got $20? You can be an impact investor.Here's a list of impact investments that are open to anybody.
- Why wage hikes are actually good news for Wal-MartWal-Mart and other discount retailers like Target are beginning to implement higher minimum wages for their employees. Analysts say that higher minimum wages lead to more consumer spending at lower income levels, which boosts the economy.
- Retail sales rise 0.2 percent in January as wages improveAfter a decline in December, people are starting to buy more again. Retail sales increased by 0.2 percent last month, according to the Commerce Department.
- Flint's housing crisisThe vacancy rate was high in Flint, Mich. even before the water crisis hit, but the city's recent troubles have not helped its beleaguered housing market.
- Can apprenticeships boost Millennial job prospects? Obama thinks so.Apprenticeships, in which young people earn a wage while pursuing coordinated classroom and on-the-job training, hold deep appeal. But whether they can be an effective solution for unemployed and underemployed Millennials is still a big question mark.
- Wages rise, unemployment falls. Is Main Street beating Wall Street?The US economy added 151,000 jobs in January. The unemployment rate fell below 5 percent, and wages finally picked up. The solid report suggests that the economy is sound despite signs of uncertainty on Wall Street.
- Why Americans are saving more and spending lessAmericans boosted their savings levels to a three-year high in December 2015, according to a report released Monday by the Commerce Department.
- How Obama wants to change retirement planningAs part of his 2017 budget proposal, President Obama wants to make employee-sponsored retirement plans more widely available.
- These are best jobs in America for 2016Job placement firm Glassdoor has released its annual list of the best jobs for 2016. What do some of the top jobs have in common, besides salary?
- Just 62 people control more wealth than half the world's population: studyAn Oxfam study indicates that 62 people, most of them men, now control over half the world’s wealth. According to the report, the group holds the same amount of wealth as the world's poorest 3.6 billion citizens.
- Coffee with your investing? At Society of Grownups, a cozy twist to financial planning.Society of Grownups is one of the latest financial services startups attempting to make the stiff formality of investing and financial advice more accessible to a Millennial clientele with shifting financial needs.