Tag Archives: economy

Medical Bills Are The Number One Cause Of Bankruptcy In America

By Kimberly Gedeon Americans just can’t seem to get a grip on paying their mortgages or credit card bills due to outstanding medical charges. Even with health insurance supplementing the costs, medical bills are the biggest cause of bankruptcies in … Continue reading

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As Nation Enters Deep Freeze, Congress Is Making Sure Poor Americans Stay Cold

By Alissa Scheller Large sections of the United States are being frozen by the grip of winter, with a weather system known as a polar vortex bringing subzero temperatures and blizzard conditions across the Midwest. With temperatures set to reach … Continue reading

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How Our Economy Lost $400 Million in One Week Alone

By George Zornick Long-term unemployment benefits expired on December 28, meaning an absence of checks this week for more than 1 million jobless Americans. That’s bad news for them, of course—but also the rest of us. According to a new analysis … Continue reading

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Pot sales exceed $1 million on first day

By Blair Shiff Pot shops did record sales compared to the “medical marijuana days” on Wednesday when recreational marijuana opened. Pot shop owners across Colorado believe they collectively made more than $1 million statewide. Supporters, critics and other states are … Continue reading

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The New Financial Scam Driving Workers Deep Into Debt

By Dave Johnson If you can lure people into borrowing then you own them, sometimes literally—it’s a game as old as money itself. Regular people don’t know much about money, loan terms or the trap of debt-slavery. This enables predators … Continue reading

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Income Inequality Is Hurting The Economy, 3 Dozen Economists Say

By Christopher S. Rugaber The growing gap between the richest Americans and everyone else isn’t bad just for individuals. It’s hurting the U.S. economy. So says a majority of more than three dozen economists surveyed last week by The Associated … Continue reading

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Unemployment Benefits Are Ending for 1.3 Million Americans. What’s That All About?

By Erika Eichelberger On December 28, 1.3 million people will lose their unemployment insurance. That’s because Congress failed to add an extension of those benefits into the budget deal that will likely pass the Senate this week. Here is some … Continue reading

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‘There are now two Americas. My country is a horror show’

By David Simon America is a country that is now utterly divided when it comes to its society, its economy, its politics. There are definitely two Americas. I live in one, on one block in Baltimore that is part of … Continue reading

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Report: Half of U.S. Families Live on the Edge of ‘Economic Chaos’

By Imara Jones Half of all families in the United States are poor, near poor or face economic insecurity where “one major setback in income could push them into poverty.” That’s the shocking conclusion of a report released today by … Continue reading

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Why $7-Per-Gallon Milk Looms Once Again

By Tamara Keith The leaders of the House and Senate agriculture committees are meeting Wednesday as they continue to try and work out the differences between their respective farm bills. If they fail, the country faces whats being called the … Continue reading

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