Some parents spend thousands of dollars each year in support of their children’s athletic pursuits. Reducing such expenses could be wise; the money saved could go toward college tuition or retirement.
Remember the good old days when the U.S. economy was growing at a 2.5% clip, and when it accounted for 80% of the global economy’s growth? When jobs were plentiful because the unemployment rate was below 5%, and prices were relatively stable because the inflation rate was down below 3% a year? When manufacturing output in America was routinely experiencing 1-3 percent growth, and the average manufacturing worker was living comfortably on the equivalent (in today’s dollars) of $98,846, including pay and benefits. Remember when the United States was routinely posting the greatest economic growth rate in...
The Taxpayer Relief Act of 1997 provided homeowners who sell their principal residence an exclusion from capital gains taxes of $250,000 for single filers and $500,000 for joint filers. At that time, the average price of a new home was about...
Stocks closed mostly higher in August, buoyed by a strong close to the...
There are several notable trends associated with U.S. presidential...