Author: kwsm

If companies are hiring, then presumably they are growing and making money. If they’re laying off workers, then that might suggest that their sales and revenues are declining. Oddly, the … Read More

Pretty much every economic theory rests on the idea that prices are set by the balance between supply and demand. If there are more buyers than sellers, or more demand … Read More

American workers typically get fewer paid vacation days than their counterparts in other countries—and, indeed, there is no federally-mandated number of paid vacation days in the American business ecosystem. But … Read More

Buying a new car is not an investment; that shiny new vehicle that you just purchased plunges in value the minute you drive it off the lot—which is probably not … Read More

The idea that the U.S. government has to manage its finances like a household is patently ridiculous. You and I and the family down the street don’t have the power … Read More

This is your captain speaking… When you’re on a commercial flight, and the plane is approaching turbulence, the captain comes on the intercom to let you know to buckle up … Read More

Were last year’s market losses an illusion? We’ve now experienced two consecutive quarters of healthy market gains, the long-predicted recession hasn’t materialized despite rising interest rates and the Fed reducing … Read More

There’s a persistent misnomer in the minds of some financial consumers that charitable giving can actually benefit the giver from a tax standpoint, if the gifts are carefully structured to … Read More