Kids’ average allowance rose faster than salaries in 2018
Your child may be expecting a raise soon. Children between the ages of 4 and 14 years old got an average of $471 a year or $9.06 per week in allowance in 2018, up 3.7 percent on the year before,...
View ArticleMost Americans who earn $90K don’t consider themselves rich
Who are America’s rich? “Not me” is the answer from a surprising segment of the population, including many people making six figures and above. Some 87 percent of people who make at least $90,000 a...
View ArticleHigh number of workers took on side hustle during shutdown
Over one in ten government workers turned to a side hustle to get by during the shutdown, according to new research. The shocking new statistic emerged in a new survey of 500 federal government...
View ArticleHaving children could reduce your happiness, says study
Having children can enrich and fulfill your life — as long as you have enough money. Otherwise, they can reduce your happiness, a new study says.
View ArticleNewark aims to become first big city to roll out universal basic income
Newark could become the first major American city to roll out a guaranteed income in a bid to slash the city’s sky-high poverty rates. The city’s mayor, Ras Baraka, is setting up a task force to study...
View ArticleMillennials are dropping out of the increasingly shrinking middle class: OECD
Just 60 percent of millennials in developed countries earn enough to be considered middle class, the report from the Organization for Economic Cooperation and Development revealed, compared to 70...
View ArticleParents are going into debt over their kids’ extracurricular activities
Signing kids up for extracurricular activities could bring them extra income someday. Or at least, eight in 10 parents in a new survey are hoping — especially considering that two-thirds of them have...
View Article2020 contender Andrew Yang to give away cash to Iowa voter
One of the lesser known Democratic presidential hopefuls has come up with a new way to get his vision out there — hand out cold, hard cash. Andrew Yang, a wealthy entrepreneur from New York, said this...
View ArticleLow-income moms in four cities are getting $4,000 a year with no strings...
Mothers in four US cities are being paid $4,000 a year as part of a national study on how regular infusions of cash affect the well-being of children, including how well their brains work and their...
View ArticleEven community colleges are too expensive for low-income students
Lyric Young’s financial experience in community college was luckier than most. Yet she is now struggling to afford to continue her education at a public four-year college. Young, who lives in...
View ArticleAmerica’s ‘toxic’ societal problems are crippling millennials
Millennials are a mirror that reflect many of society’s problems — or so claims a new report from researchers at Stanford University and other institutions. The report, published Thursday, examines...
View ArticleCuomo rips judge’s ruling on lawmakers’ outside income
ALBANY—Gov. Andrew Cuomo blasted Friday’s ruling by a state judge that struck down outside income limits for lawmakers with outside gigs, calling it “confused.” The outside income restriction was part...
View ArticleWhy the wealth gap has widened despite record economic growth
WASHINGTON — As it enters its 11th year, America’s economic expansion is now the longest on record — a streak that has shrunk unemployment, swelled household wealth, revived the housing market and...
View ArticleHow people are using apps to save money
Play to save. That’s the name of the game for some people looking for easy incentives to stash away a little extra cash without thinking twice about it. Before Mike Pearson, 37, and his wife planned a...
View ArticleMost adults think they can turn a hobby into a money-making side hustle
A study of 2,000 adults with full-time employment found that more than one-quarter (27 percent) have already turned a hobby into a side business alongside their career. And 55 percent admitted they...
View ArticleHarvard University produces the world’s wealthiest grads
Going to an Ivy League school seems to seriously pay off. Six of the eight Ivies made the Wealth-X top-20 list of universities with ultra-high-net-worth (UHNW) alumni, which ranks the schools with the...
View ArticleInstagram’s purge of accounts cost this teen $4,000 per month
Instagram is going after meme accounts — which post pictures with slogans — often created by other social media fanatics and, on many occasions, reposted without giving credit. On July 26, 15-year-old...
View ArticleForty-five percent of workers do this to boost their salary
An increasing number of workers are devoting time to salary research, a new survey shows, but just half feel they’re paid enough.
View ArticleAndrew Yang’s $1,000-a-month ‘Freedom Dividend’ lottery is now open
The Yang Gang lottery is now open. Donors and non-donors alike who want a chance to win $1,000 a month for a year can now enter their name, email and ZIP code at www.yang2020.com. New York entrepreneur...
View ArticleAmazon’s appeal over workers’ pay dispute rejected by Supreme Court
WASHINGTON — The US Supreme Court on Monday declined to hear Amazon.com’s bid to avoid a lawsuit seeking to ensure that warehouse workers for the e-commerce giant get paid for the time it takes them to...
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