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Economy – Articles, Analysis, Opinion

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Around 12 million Americans take out payday loans to help them pay for monthly expenses. andriano_cz/iStock / Getty Images Plus via Getty Images

We tend to underestimate our future expenses – here’s one way to prevent that

Understanding why people underpredict expenses could help them budget more accurately – and even encourage them to save more money.
Cash is pretty convenient. Dilok Klaisataporn/EyeEm via Getty Images

Why does money exist?

Paying for the stuff you want with currency is way easier than relying on chairs you made or chickens you raised.
New York Attorney General Letitia James announced a $250 million lawsuit against former president Donald Trump on Sept. 21, 2022 . Michael M. Santiago/Getty Images

New York’s $250 million lawsuit against Donald Trump is the beginning, not end, of this case – a tax lawyer explains what’s at stake

New York’s lawsuit against Trump could mean he and three of his kids are prevented from operating a business again in the state – but the IRS will determine whether federal tax crimes also took place.
Life is more normal now than it has been in years, as people do away with masks and social distancing. Stefan Tomic/E+ via Getty Images

Is the pandemic over? We asked an economist, an education expert and a public health scholar their views

President Joe Biden’s suggestion that the COVID-19 pandemic is over has led to a backlash among some experts who suggest the comment is premature – and counterproductive.
People wait in line for a free morning meal in Los Angeles in April 2020. High and rising inequality is one reason the U.S. ranks badly on some international measures of development. Frederic J. Brown/ AFP via Getty Images

US is becoming a ‘developing country’ on global rankings that measure democracy, inequality

The United States came in 41st worldwide on the UN’s 2022 sustainable development index, down nine spots from last year. A political historian explains the country’s dismal scores.
Steve Bannon, second from right, was indicted and charged on Sept. 8, 2022, with alleged money laundering, fraud and conspiracy for deceiving donors and misusing their funds for a charity. David Dee Delgado/Getty Images

Donor beware: Pause before you give to any cause

While the overwhelming majority of charities are legitimate, looking into a charity before supporting it can help you avoid supporting scams and make better-informed decisions.
Blockchain transactions are carried in blocks. The amount of energy it takes to add a new block varies widely depending on how it’s done. Yuichiro Chino/Moment via Getty Images

What is proof-of-stake? A computer scientist explains a new way to make cryptocurrencies, NFTs and metaverse transactions

Ethereum, one of the world’s largest blockchains and host of decentralized finance, NFTs and billions of dollars’ worth of cryptocurrency, is poised to dramatically reduce its energy consumption.