by Daniel White | Apr 3, 2023 | Economy
April 03, 2023 Last August, the Biden administration announced it would forgive $10,000 in federal student debt ($20,000 for Pell Grant recipients) for borrowers earning less than $125,000 annually. The White House said the pandemic justified student loan forgiveness...
by Daniel White | Mar 27, 2023 | Economy
March 27, 2023 We’re led to believe that shareholders benefit from corporate stock buybacks – when publicly-traded companies buy their own shares on the open market. However, despite Warren Buffett’s claims, firms’ own executives are the ones who really seem to gain....
by Daniel White | Mar 13, 2023 | Economy
March 13, 2023 I’ve been asked what’s happening lately with interest rates and inflation. To me, it’s a case of good news, bad news. The good news is inflation has fallen significantly since June 2022, as measured by the Consumer Price Index (see chart below). Many...
by Daniel White | Mar 6, 2023 | Economy
March 06, 2023 January featured rock-solid market performance, which led people to think the worst is behind us. But that may not be true. At the end of January, the Nasdaq-100, a stock index that includes the largest non-financial firms on the Nasdaq exchange, was up...
by Daniel White | Feb 13, 2023 | Economy
February 13, 2023 Personal finance company NerdWallet did a study on American household debt and credit card use. The results are a bit somber. For 2022, NerdWallet found the average American household has outstanding debt of $165,388. That’s up 7.65% from 2021 and a...
