by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Millennials, Newest, Personal Income
Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income
Photo by Allef Vinicius via Unsplash. Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike. Friday’s report from the Commerce...
by Angela Palumbo | Apr 12, 2021 | Economy, Featured, Jobs, Personal Income
Angela Greene worked with a mobile cleaning crew at a sheltered workshop in South Carolina for 21 years. She worked Monday to Friday every week and made no more than $3.00 an hour. Her hard work never earned her the full federal minimum wage, all because she has an...
by Angela Palumbo | Mar 29, 2021 | Economy, Featured, Jobs, Personal Income
Personal income went back down in February, due to a decrease in government aid. Consumer spending also went down for the same reasons, as well as extreme weather conditions in Texas. Personal income fell 7.1 percent in February and consumer spending fell 1.0 percent,...
by Angela Palumbo | Feb 28, 2021 | Economy, Featured, Personal Income
Personal income had its biggest increase since April last month, the result of government aid in the form of stimulus checks going out to millions of Americans, continued unemployment benefits and other pandemic response programs. Personal income rose 10 percent in...
by Nikitha Sattiraju Rao | Apr 29, 2019 | Economy, Personal Income
The United States Bureau of Economic Analysis (BEA) will release its monthly data for March on consumer spending – the biggest part of the country’s economy – on Monday. The report will include both income and spending numbers for a month for the...