He is the Oracle of Omaha, one of the richest persons in the world and a Democrat, but Warren Buffett doesn’t think the current crusade to raise the minimum wage…
A typical middle-income household needs a buffer of approximately $4,800 in liquid assets — roughly 14 percent of annual income after taxes — to sustain the typical monthly fluctuations in income and spending observed between 2013 and 2014.
The survey found that a whopping 83 percent said they simply can’t afford the cost of a higher education, and two-thirds (66 percent) of Americans still don’t know what a 529 plan is.
Twenty-nine percent of 45 banks studied this year did not clearly identify the “overdraft default option,” which prevents customers from getting dinged with overdraft fees.
While some states have restored some funding cuts for public universities since 2008, 47 states — all except Alaska, North Dakota, and Wyoming — are spending less per student in the 2014-15 school year than they did before the recession.
Labor and religious groups, and worker advocates, have opted to push local governments in liberal-leaning areas to enact their own wage increases.
The new research concludes that the SSA’s actuarial forecasts have underestimated American retirees’ life
expectancy, while making other errors in forecast calculations.
FinCen also alleges that Ripple Labs failed to “implement and maintain an adequate anti-money laundering (AML) program designed to protect its products from use by money launderers or terrorist financiers.”
Goldman Sachs has added millions of dollars, and possibly more important a dose of legitimacy and a Wall Street boost, to the bitcoin community.
Consumers, this means no big changes to interest rates on home, car and personal loans for the near future, other than typical short-term market factors.