Personal loan lenders may reject an application for any number of reasons including poor credit rating, high debt to income ratio, and even missing paperwork. Find out what you can do if you've been denied for a personal loan.
15 min read
In a 6-3 ruling, the Supreme Court struck down an executive action from the Biden Administration that would have canceled more than $400 billion in student debt. Now that Biden's plan is dead in the water, what's next for student loan borrowers?
9 min read
MBA graduates typically earn more than their undergraduate counterparts. But business school degrees are also among the most expensive master's you can pursue. We explain why a business school is still worth the money, even as the cost continues to rise.
12 min read
Going to graduate school can improve your earning power. But it has to be the right degree in the right career field if you're planning to get serious return on your investment. Find out what you should be considering before you plunk down a huge chunk of change on that pricey advanced degree.
13 min read
Geography can have a profound impact on your earning potential. But what does that mean? Well, there's actually a lot to it. Find out how factors like climate, population density, and state policies can impact your take home pay.
17 min read
How you eat can impact how much you earn. But the reverse is also true. Learn more about the connection between nutrition and income.
13 min read
College is expensive and student loan debts are out of control. So is college still worth the money? Yes--but it's about much more than the wage premium.
13 min read
In this deep dive into the growth of the United States credit card industry, we'll explore the current and historical data that, together, paint the picture of how the modern credit card industry in America came to be.
25 min read
How did the credit card industry—and credit card debt—become so massive in a relatively short time? To understand the history and evolution of credit card debt in America, we need to go back to the beginning.
13 min read
Malcolm Stevenson (“Steve”) Forbes, Jr. / b. 1947 / New Jersey, USA / Business Executive, Author, Political Candidate, Publisher of Forbes Magazine Church and State There’s nothing wrong with posting the Ten Commandments in our schools today, because they are the basis of Western civilization. Also, when you look to what’s happened in the last 40 years […]
7 min read
Peter David Schiff / b. 1963 / Connecticut, USA / Stock Broker, Financial Commentator, Author China The real bubble in China is in US Treasuries, in US dollars. Schiff, hosting Wall Street Unspun, March 3, 2010. . . . it is precisely because it is not a democracy that China will likely be so successful…What […]
7 min read
Carnegie’s Early Life and Education Andrew Carnegie (1835–1919) was born in the small but historic town of Dunfermline, Scotland, northwest of Edinburgh on the northern side of the Firth of Forth. The town is still dominated by the ruins of Dunfermline Abbey, a once-magnificent example of Romanesque architecture, which was founded in the early twelfth […]
6 min read
DEFINITION: The “business cycle” is the historically observed tendency of market economies to go through alternating phases of expansion and contraction. ETYMOLOGY: The word “business” was formed in the fourteenth century from the word “busyness”—the noun form of the adjective “busy”—and meaning a “purposeful activity.” “Busy” derives, via Middle English, from the Old English word […]
3 min read
DEFINITION: “Junk bond” is a colloquial term for a high-yield, high-risk type of tradable financial instrument, or security, known as a “bond.” A junk bond is more formerly referred to as a “speculative-grade” bond or a “non-investment-grade” bond. ETYMOLOGY: The word “junk” derives from the Middle English word jonke, meaning scraps of used cordage that […]
1 min read
DEFINITION: “Obamanomics” is a colloquial term referring to the economic policies pursued by the administration of US President Barack Obama between 2009 and 2017. USAGE: When Barack Obama assumed office in January of 2009, he inherited the effects of the worst international economic collapse since 1929. The financial crisis had erupted about four months earlier, […]
2 min read
DEFINITION: Quantitative easing (QE) is a monetarist doctrine which recommends fighting recessions by injecting money into the economy by means of central bank purchases of government bonds and other financial assets according to specific criteria, namely: USAGE: Monetarist policy in general involves buying financial assets from commercial banks and other financial institutions. The purpose of […]
1 min read
DEFINITION: Broadly speaking, modern governments have two levers with which to influence the economy: (1) laws affecting taxation, regulation, and spending (fiscal policy) and (2) control of interest rates and the money supply through the central banking mechanism (monetary policy). Traditionally, fiscal policy was considered more important than monetary policy. Monetarism is the economic doctrine […]
1 min read
