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Tag Archives: economy
What your paid-for car is costing you
By Tara Baukus Mello If you own your car outright, you might not think it costs you that much to own it, but AAA’s 2013 Your Driving Costs study shows that costs range from nearly $7,000 to more than $11,000 … Continue reading
Posted in News from the Soul Brother
Tagged AAA, American Automobile Association, Automobile, consumer, costs, driving, economy, money, United States
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No recovery for the middle class
By Anthony Mirhaydari The recovery is now officially in its fifth year. Sure, the stock market is back. And housing is getting off the floor. But for middle class Americans, the pressure is still on. This has been an uneven … Continue reading
Posted in News from the Soul Brother
Tagged American dream, business, Economic Inequality, economy, employment, middle class, money, United States
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The housing “recovery” is a total sham
By David Dayen Out on the alphabet streets in this once-thriving Florida community, the houses are dotted with black mold. Some have buckled roofs. Others are hollowed out by fire, or the wiring has been stripped. Pests and critters have moved in … Continue reading
Posted in News from the Soul Brother
Tagged Ameriquest Mortgage, economy, Florida, foreclosure, Lake Worth, New Century, Real estate
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The Payday Playbook: How High Cost Lenders Fight to Stay Legal
By Paul Kiel As the Rev. Susan McCann stood outside a public library in Springfield, Mo., last year, she did her best to persuade passers-by to sign an initiative to ban high-cost payday loans. But it was difficult to keep … Continue reading
Posted in News from the Soul Brother
Tagged bad loans, economy, loan, middle class, Missouri, money, Paul Kiel, Payday loan
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80 Percent Of U.S. Adults Face Near-Poverty, Unemployment: Survey
By Hope Yen Four out of 5 U.S. adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive American dream. Survey data exclusive to The … Continue reading
Posted in News from the Soul Brother
Tagged American dream, Economic security, economy, family, poverty, unemployment, United States
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Being In The Minority Can Cost You And Your Company
By Shankar Vedantam The racial wage gap in the United States — the gap in salary between whites and blacks with similar levels of education and experience — is shaped by geography, according to new social science research. The larger … Continue reading
In Climbing Income Ladder, Location Matters
By David Leonhardt Stacey Calvin spends almost as much time commuting to her job — on a bus, two trains and another bus — as she does working part-time at a day care center. She knows exactly where to board … Continue reading
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