personal finance


Typical US Homeowners Stay 12 Years In Their Homes - 20 Years In Los Angeles

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‘California’s tax laws incentivize homeowners to stay in their homes for a long time,’ Redfin said. 


Two States, Two Visions: California Wants To Add A Wealth Tax; Florida Wants To Remove One

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Every high-income household that relocates from Sacramento to South Florida takes its future income tax payments - and its business payroll - with it...


California Strikes Out: Major League Pitcher Turns Down Padres $40 Million Offer Due To State Taxes

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The irony is that Texas and Florida could end up not only with more jobs but better baseball players...


Where Food Inflation Is Expected To Hit Hardest In 2026

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Iran tops the list with a projected 55.9% surge, far above the global average of 3.2%...


Surging Services Costs Spark Unexpected Surge In US Producer Prices In January

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The bottom line is that this will likely lead to a hotter than expected Core PCE print - something The Fed watches closely.



Jobless Claims Continue To Show No Signs Of Labor Market Stress

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Unadjusted claims tumbled to the lowest since September...


One In Five California Home Sales Canceled Due To Unaffordable Insurance

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“We’re on the Titanic, and we see the iceberg...”


Are Transfers Replacing Work For America' Poor?

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“We must find ways of returning far more of our dependent people to independence.”


Despite Crazy Revisions, Consumer Confidence Rebounds From January's Doom

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...but labor market weakness accelerates...


Early Tax Refunds Are Showing A 14% Increase, IRS Says

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“Average refund amounts are strong,”


Who Believes In Aliens, Bigfoot, & The Chupacabra?

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56% of Americans say aliens definitely or probably exist...


Grinding The American Middle Class To Dust

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The doors are closing on the era of American middle-class independence. The dream of home ownership is being replaced by the reality of permanent debt...


These Are The Most Dangerous Fields Of Work

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...farming, fishing and forestry are still by far the most dangerous fields of work


If 'Cash Is King', Berkshire Hathaway Leads The World

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Financials dominate the list... Berkshire Hathaway is the clear outlier, sitting on a record $382B, the largest cash position in its history...


9 Tips To Cut Your 2025 Tax Bill And File Smoothly Under New Rules

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Temporary tax breaks under the One Big Beautiful Bill Act offer savings opportunities—but income thresholds and phaseouts mean careful planning is key.


Here's What People Value Most In The US, UK, & Germany

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Germans value health above family... and don't care about money...


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Small Businesses Compete... Why Can't Credit Card Companies?

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As long as this anti-competitive, rate-setting regime remains in place, small businesses and their communities will suffer...


US Pending Home Sales Hit Record Low Despite Falling Mortgage Rates

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Improving affordability conditions have yet to induce more buying activity,”


Initial Jobless Claims Tumble Back Near Multi-Decade Lows

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...shrugging off sentiment surveys about worsening labor market conditions.


How A Water War Is Brewing Over A Drying Lake In Nevada

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Without changes in some states’ water laws and public-private investment, downstream users, such as Walker Lake, face existential challenges...