As we head into 2025, it's pretty obvious the post-COVID economy is really doing a number on the usual retirement plans like 401ks.They used to be rock solid—everyone’s go-to for stashing retirement cash. Now? Not so much. Remember when 401ks first showed up in the '70s...
One theory states that stagflation is caused when a sudden increase in the cost of oil reduces an economy's productive capacity. The oil crisis of the 1970s is the prime example. In October 1973, the Organization of Petroleum Exporting Countries (OPEC) issued an embargo against Western countrie...
Saving money is a critical step toward reaching financial security, so if you can make it easier on yourself, it's a good idea to take advantage of the opportunity. Follow this advice, and you're almost sure to save a lot of money. Geoff WilliamsSept. 26, 2022 10 Ways to Sav...
thereby removing any distortion caused by inflation or deflation. Real GDP provides the most accurate representation of how a nation's economy is either contracting
So that is going to be different for every context again, thats the “designer’s answer” is always “it depends”. My advice for that is always work with your team to keep each other honest, that you are not doing things because you want to do them, because they feel good. You a...
To engineers, CVTs are brilliant solutions to both fuel economy and acceleration. But thankfully, our world isn’t so boring that every decision made is based purely on logic (even if I’d prefer it). Car buying is an emotional endeavor, and marketing suggests that many people simply...
The average rate for the same four products at large banks with more than $25 billion in assets is just 1.4 percent. "With the large banks, there's the idea that they're too big to fail," says consumer banking expert Ken Tumin of DepositAccounts.com. "They have less of a need to...
Another tool the Federal Reserve uses to influence the economy is “forward guidance,” which lets the public know what the monetary policy will likely be. However, it does not explicitly state what the Federal Reserve intends to do. Instead, the communication focuses on the conditions that may...
Support a nation's goals: One of the most popular uses for tariffs is to use them to ensure domestic products receive preference within a country to support businesses and the economy. Make a market predictable: Tariffs can help stabilize a market and make prices predictable. ...
Overall Health of the World Economy Needs of developing countries for raw materials. Too bad it wasn’t easier to just say that oil and scrap directly will go up and down with each other, but things are no longer simple or easy to predict. The market has become so complex since the yea...