Money Matters

The IRS announced it’s targeting high-income earners who have failed to file tax returns. Americans seem to be both excited by the prospect of a fair tax system and nervous that the crack-down will hurt their future filings. The new initiative is a mixed bag for taxpayers. IRS Closes Major Loophole Image Credit: Shutterstock / … Read more

Despite a miserable view of the economy, Americans are spending like never before. From retail therapy to essential services, customer behavior just isn’t making sense. But what’s driving this surge in spending when the economy seems so bleak?  A Pricey Pandemic During the pandemic, Americans trapped inside turned to online shopping for everything from luxury … Read more

The wealth gap keeps growing, and the rich are getting richer while the rest of us struggle to make ends meet. Why is this happening, and how is the system designed to keep it that way? 1. Tax Breaks for the Wealthy The rich benefit from significant tax breaks and loopholes. Deductions, offshore accounts, and … Read more

Many Americans are concerned with how much of their hard-earned money goes to taxes. But did you know some states hit the middle and lower-income families harder than others? Here are the 21 states with the most regressive tax systems, where the tax burden is heavier on the working class. #1. Washington Washington tops the … Read more

Navigating the world of credit scores can feel like a game where the rules aren’t always in your favor. Ever feel like the system is stacked against you? #1. Lack of Transparency Credit scoring models are shrouded in secrecy, making it hard for the average person to understand what exactly affects their score. #2. Overemphasis … Read more

The pharmaceutical industry is known for its significant profits, often at the expense of consumers. Here are 20 methods through which Big Pharma capitalizes on illnesses. #1. High Drug Prices Pharmaceutical companies often set extremely high prices for new drugs, far beyond the cost of production and research. #2. Evergreening Companies make minor modifications to … Read more

If you’ve been thinking about moving to New York you may want to reconsider, following a new report from a real estate broker.  Cash is King Image Credit: Shutterstock / PR Image Factory The Big Apple’s real estate scene has hit a new level of exclusivity, with high mortgage rates pushing out everyone except the … Read more

A new economic report shows that an enormous majority of Hawaiian residents have been priced out of the housing market due to a number of factors. Shedding Light on a Serious Problem Image Credit: Shutterstock / the__creador Economists at the University of Hawaii have shared some insights into the shocking state of housing affordability in … Read more

A historic court case could be on the cards as the DOJ takes on one of the world’s biggest computer software firms in a fight over consumer rights. DOJ Slams Adobe with Massive Lawsuit Image Credit: Shutterstock / LifetimeStock The U.S. Department of Justice has just body slammed Adobe with a huge lawsuit, accusing the … Read more

Weddings are quickly becoming more expensive than ever. Many couples and their wedding guests feel pressured to spend a significant amount of money to celebrate. This approach to celebrating love introduces the question: have we gone too far? The Price of Love Image Credit: Shutterstock / wideonet Weddings are a special celebration, but they often … Read more