The term “personal finance” refers to how you manage your money and plan for your future. All of your financial decisions and activities have an effect on your financial health. We are often guided by specific rules of thumb, such as “don’t buy a house that costs more than two-and-a-half years’ worth of income” or […] Read more

As part of the steps to change a workplace environment under fire, two sources tell The Hollywood Reporter that producer Ed Glavin will soon be out. With the culture at her eponymous talk show under fire, Ellen DeGeneres is speaking out. In a letter to her crew, obtained by The Hollywood Reporter, DeGeneres addresses the alleged workplace misconduct, […] Read more

Pro-life athlete Tim Tebow has released a new video urging Christians to stand up for Biblical values in America. In a new video, Tebow urges Christians to keep their faith intact during these difficult times and to remember that many people mentioned in the Bible struggled, but persevered with God’s help. “This could be your […] Read more

Why are coins hard to find during the pandemic? The Federal Reserve has seen a significant decline of coins in circulation because people are not spending them as regularly at businesses, many of which are either temporarily closed or not accepting cash. Coins are still plentiful. In April, the U.S. Treasury estimated more than $47.8 billion were in the market, up by more than […] Read more

The extra $600 in unemployment aid given to out-of-work Americans as part of the federal government’s massive coronavirus relief package boosted their spending habits — and the nation’s economy. That’s according to a new study released Thursday by JPMorgan Chase, which found that about one in five Americans received jobless aid in June, five times more than […] Read more

Billionaire Warren Buffett dropped to his lowest rank ever on the Bloomberg Billionaires Index this week after donating nearly $3 billion worth of his Berkshire Hathaway stock to five charities. Ticker Security Last Change Change % BRK.B BERKSHIRE HATHAWAY INC. 182.90 +4.10 +2.29% The donation, which included the Bill and Melinda Gates Foundation, was part of the 89-year-old CEO’s plan to eventually […] Read more

A close examination of wealth in the U.S. finds evidence of staggering racial disparities. At $171,000, the net worth of a typical white family is nearly ten times greater than that of a Black family ($17,150) in 2016. Gaps in wealth between Black and white households reveal the effects of accumulated inequality and discrimination, as […] Read more

LeBron James wants to tell stories. Now he has $100 million to help him do it.   The basketball star and his business partner Maverick Carter announced the formation of a new media company, SpringHill Co., which will be supported by a $100 million funding round. Bloomberg Businessweek, which published the report on Thursday for a […] Read more

The early 20th-century sociologist Max Weber starkly observed that a monopoly on the legitimate use of violence is what defines a state.  In other words, only a county’s own acknowledged government has the ultimate right to use force against its citizens. With the very limited exception of immediate self-defense, the use of force by anyone other […] Read more

Unlike coups or political revolutions, cultural revolutions don’t just change governments or leaders. Instead, they try to redefine entire societies. Their leaders call them “holistic” and “systematic.” Cultural revolutionaries attack the very referents of our daily lives. The Jacobins’ so-called Reign of Terror during the French Revolution slaughtered Christian clergy, renamed months, and created a […] Read more