Daily Economy
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Seven Common Myths About Social Security
Deciding when to apply for Social Security benefits is one of the most important (and most daunting) decisions a person will make in their life. With the release of the Social Security Administration’s Trustee’s report last week, it’s only appropriate to examine seven commonly held myths about this complex government program:
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Financial First Steps: Why Use Credit?
Credit lets people make purchases and get what they want today, even if they don’t necessarily have the money today, as long as they promise to pay the creditor back at some point in the future. This is an extremely useful purchasing tool, as you may not always have the cash to buy the things…
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Teaching Random Sampling to High School Students
Seventeen teachers from six states gathered in Great Barrington, Massachusetts last month for an intensive five-day training session in economics education. Here at the American Institute for Economic Research, our Teach-the-Teachers program encourages teachers to integrate economic concepts into various fields of study. At the end of the program, each teacher presented an idea to…
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U.S. Consumers Taking Their Confidence on Vacation
The Wall Street Journal recently ran an interesting article on “The Smartest Way to Take a Vacation,” which is especially relevant this summer, as we see Americans increasingly opening their wallets for a warm-weather getaway.
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How to Implement Money School in Your Community
After three successful rounds of offering its Money School course to low-income female survivors of domestic violence and sexual assault, The American Institute for Economic Research is ready to help other organizations offer their own sessions of Money School. AIER’s first Train-the-Trainers event will be held on July 30 at its Great Barrington headquarters..
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Small Wireless Carriers Driving Down Prices
Americans have seen telephone costs fall nearly 3 percent over the last 12 months, amid stronger competition in the wireless market. Wireless service prices have fallen 5.9 percent during that period, and landline service fell 2.2 percent, according to data from the Bureau of Labor Statistics released on Friday. In June, telephone services ticked 0.1…
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Financial First Steps: Managing Your Credit Score
Many young adults have extremely limited credit histories. This means that we need to build our credit scores by starting to think about different credit cards and loans.
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Financial First Steps: You and Your Credit Score
You’ve probably heard about it a hundred times, and you know it’s important, but what exactly is a FICO score? Understanding what factors go into to calculating your credit score is extremely important to your financial success. Imagine going to school and not knowing what factors contribute to your grade. It would probably be hard…
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Signs of a Strengthening Economy
Today we release the July edition of AIER’s Business Conditions Monthly, our bird’s-eye look at the economy. This month’s edition includes an overview of the labor market, including an account of the progress made since the Great Recession, as well as a look at the challenges that remain.
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•
An Unexpected Sign of Economic Weakness
Following a string of stronger economic data, this morning’s retail sales report showed some unexpected weakness in a key area of the economy.
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•
Seven Common Myths About Social Security
Deciding when to apply for Social Security benefits is one of the most important (and most daunting) decisions a person will make in their life. With the release of the Social Security Administration’s Trustee’s report last week, it’s only appropriate to examine seven commonly held myths about this complex government program:
-
•
Financial First Steps: Why Use Credit?
Credit lets people make purchases and get what they want today, even if they don’t necessarily have the money today, as long as they promise to pay the creditor back at some point in the future. This is an extremely useful purchasing tool, as you may not always have the cash to buy the things…
-
•
Teaching Random Sampling to High School Students
Seventeen teachers from six states gathered in Great Barrington, Massachusetts last month for an intensive five-day training session in economics education. Here at the American Institute for Economic Research, our Teach-the-Teachers program encourages teachers to integrate economic concepts into various fields of study. At the end of the program, each teacher presented an idea to…
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•
U.S. Consumers Taking Their Confidence on Vacation
The Wall Street Journal recently ran an interesting article on “The Smartest Way to Take a Vacation,” which is especially relevant this summer, as we see Americans increasingly opening their wallets for a warm-weather getaway.
-
•
How to Implement Money School in Your Community
After three successful rounds of offering its Money School course to low-income female survivors of domestic violence and sexual assault, The American Institute for Economic Research is ready to help other organizations offer their own sessions of Money School. AIER’s first Train-the-Trainers event will be held on July 30 at its Great Barrington headquarters..
-
•
Small Wireless Carriers Driving Down Prices
Americans have seen telephone costs fall nearly 3 percent over the last 12 months, amid stronger competition in the wireless market. Wireless service prices have fallen 5.9 percent during that period, and landline service fell 2.2 percent, according to data from the Bureau of Labor Statistics released on Friday. In June, telephone services ticked 0.1…
-
•
Financial First Steps: Managing Your Credit Score
Many young adults have extremely limited credit histories. This means that we need to build our credit scores by starting to think about different credit cards and loans.
-
•
Financial First Steps: You and Your Credit Score
You’ve probably heard about it a hundred times, and you know it’s important, but what exactly is a FICO score? Understanding what factors go into to calculating your credit score is extremely important to your financial success. Imagine going to school and not knowing what factors contribute to your grade. It would probably be hard…
-
•
Signs of a Strengthening Economy
Today we release the July edition of AIER’s Business Conditions Monthly, our bird’s-eye look at the economy. This month’s edition includes an overview of the labor market, including an account of the progress made since the Great Recession, as well as a look at the challenges that remain.
-
•
An Unexpected Sign of Economic Weakness
Following a string of stronger economic data, this morning’s retail sales report showed some unexpected weakness in a key area of the economy.