Friday’s jobs report showed surprising strength in the labor market, but there are signs that all may not be well for all workers. Quitting in low-wage sectors such as retail, leisure and hospitality ...
Tag: Society
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher growth and inflation wi...
‘I’m stuck in a penny-pincher mindset’: My spouse and I bought a home, but he only wants to buy high-end items. How can we agree?
Dear Quentin, My spouse and I spent years saving for a new house, and living well below our means. It may sound weird, but now that we have a new home, we feel overwhelmed by the prospect of spending ...
NFT Project Spotlight: Society of the Hourglass and Its Kid-Friendly Cartoons
Key Takeaways Society of the Hourglass is a collection of 8,888 historically-themed NFT characters on Ethereum. The project’s NFTs act as an entry point into an ecosystem that will eventually en...
My boyfriend, 68, has almost no ‘mad money’ for fun activities and trips. He lives with his father, 95, and expects to inherit his house. Is it unreasonable to expect him to get a part-time job?
I am a 65-year-old retired woman with modest Social Security and annuity payments. I also own my own home and have savings. I’ve been seeing a 68-year-old retiree since just before the pandemic. He li...
Alex Jones Puts Infowars’ Parent Company Into Bankruptcy During Texas Defamation Trial
Alex Jones put the company behind his Infowars conspiracy site into bankruptcy on Friday as the broadcast host stands trial in Texas to determine how much he owes the families of Sandy Hook victims fo...
I want to refinance my mortgage, but I’m about to turn 70. Is it wise to refinance at my time of life?
I hope you can help me figure this out. I am 69 years old and will turn 70 at the end of the month. I’ve been offered a cash out refinance loan and need to decide whether to take a 15- or 30-year loan...
Housing affordability plunges to lowest level since 2006. The property market’s ‘great slowdown’ is here, Bank of America says
A “great slowdown” is happening in the U.S. housing market, a new report from Bank of America says, as mortgage originations shrink and spending on household items softens. Amid weak home sales number...
‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an effort to temper the rising costs of consumer goods and services. While economists say raising the interest r...
U.S. Bank workers opened fake accounts to meet sales goals, feds say
NEW YORK — For more than a decade, U.S. Bank pressured its employees to open fake accounts in their customers’ names in order to meet unrealistic sales goals, the Consumer Financial Protection Bureau ...
‘We get hundreds of thousands of dollars in royalties’: My late father left his investments to me and my sister, but gave me more than 50%. My sister wants half. What should I do?
Dear Quentin, My sister is two years older than me. We both are married and have incomes in the low six figures, and our husbands have similar earnings. When she was in her 20s, my sister and her husb...
Users of payment services like Zelle need better scam protection, Dems tell CFPB
It should be easier for consumers defrauded via popular instant payment services like Zelle to seek redress, since money-transfer scams are reportedly growing more common, a group of Democratic lawmak...
The Bear Market Has Brought ‘Fear and Uncertainty’ for Gen Z. How They’re Coping.
Ella Gupta made her first investment when she was 10. With the help of her parents, she took half the profits of her bracelet-making business and invested in the stock market. At 14, she opened a Roth...
American Cancer Society Claims Dogecoin Donations Are Popular
Alex Dovbnya American Cancer Society, a prominent health organization, started accepting Dogecoin donations last May American Cancer Society, a voluntary health organization that is focused on elimina...
Vibin’ Ape Society NFT Collection is all Set for Launch
Traditional investments like stocks or real estate only offer monetary returns, that too when the market is favorable. And the last few years have seen several ups and downs, which acted as a deterren...
EthCC gets underway as building a decentralized society and surviving a bear market top the bill
The premiere Ethereum conference, EthCC, kicked off July 19 with investors, builders, and founders from across the ecosystem converging on Paris. The heatwave rocking Europe has brought temperatures i...
Africa can create an inclusive society with blockchain, says LBank CEO
As one of the most populated continents, Africa continues to be an important target for blockchain proponents, as adoption in the region could significantly impact the broader crypto economy. In an i...
Building a data economy that’s good for society
Data monetization has been a hot topic in the tech industry for the past decade. Ocean Protocol is an open-source project that aims to return the control of data into the hands of those that create it...
Soulbound Tokens and Decentralized Society: An Interview with Glen Weyl
Key Takeaways Crypto Briefing spoke with economist Glen Weyl about his vision of decentralized society and the role “soulbound” tokens might play in them. His paper, “Decentralized Society...
Your retirement portfolio is fundamentally flawed: GMO
All across America, retirees and near-retirees are reeling. They were assured by simplistic “McMoney” financial advisers that bonds were “safe,” that bond returns were steady and predictable, and that...
Malcolm Gladwell’s work from home comments spark backlash, accusations of hypocrisy
Comments from Malcom Gladwell about working from home have sparked a backlash on social media, with critics accusing the author of hypocrisy. “It’s not in your best interests to work at home,” said Gl...