In April 2021, the White House released an executive order to bump the minimum wage to $15 per hour for all workers employed by federal contractors. This decision seems prescient as inflation and the cost of living hammer low-income workers. Despite the executive order, which resulted in more ...
Amid returning to post-pandemic normalcy, a horrific war and an energy supply crunch have had devastating effects on consumers across the globe, all against the backdrop of historical inflation. It’s essential to understand American natural gas’s critical role in ensuring the world has ...
The events on Monday, Jan. 22, 1973, were astonishing. The Tuesday newspapers captured the sign of the times — former President Lyndon Johnson died, which was the day’s lead story, not the Supreme Court’s monumental pro-abortion ruling on Roe v. Wade. In fact, on the Los Angeles Times ...
Inflation has hit a 40-year high, prompting the Federal Reserve to raise rates by 75 basis points. Further rate increases are expected in 2022 as the Fed tries to tame inflation. Will we enter a recession, and if so, what does that mean for small- and mid-size-business owners considering an ...
When thinking of credit, what comes to mind? You would not be blamed for immediately having credit cards, mortgages and credit scores come to mind. When many — perhaps even most — Americans think of credit, they immediately think of their past decisions that created the credit history that ...
Americans’ purchasing power shrinks as inflation drives up food and energy prices. But it generates another insidious byproduct — a squeeze on philanthropic dollars. From the modest to the mega-donor, the power of a giver’s checkbook declines in real terms and affects the charity ...
