The budget showdown in Wisconsin and other states has brought to light the differences between public and private retirement plans.Olivia Mitchell, executive director of the Pension Research Council at the University of Pennsylvania's Wharton School, tells NPR host Renee Montagne that people in the
Watching the price of oil go up these days is a little like watching a river rise. At what point do we need to get the sandbags? When should we sound the warning horns? What is flood stage?On Wednesday, the main U.S. oil contract hit $100 a barrel before retreating to $98.10.
Global wheat prices more than doubled in the second half of last year, according to a new report from the World Bank. The price of corn, sugar and cooking oil also soared.Why are global food prices skyrocketing? Who is going to go hungry as a result?
A growing number of experts are calling for an end to a massive tax break for homeowners — the mortgage interest tax deduction.The tax break puts money into the pockets of millions of American homeowners. Getting rid of it has been politically unthinkable.
U.S. gasoline prices have jumped to the highest levels ever for this time of year. The national average hit $3.127 per gallon on Friday, about 50 cents higher than a year ago.The rise in gas pump prices has so far outpaced the increases seen in 2008.
In a grim sign of the economic recovery, the divorce rate, which dipped during the recession, appears to be on the rebound.Divorce is expensive, so when the economy tanked, a lot of unhappy couples decided it just wasn't the time to split. Some held off when they couldn't sell their home.