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What Is the Economic Man Theory?
Key Takeaways The economic man theory is the idea that people always make rational decisions that are in their own…
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Inflation Jumps to 7.5% in January, Jobless Claims Fall
Inflation accelerated again in January, hitting a new decades-high of 7.5%, while the volume of new unemployment claims fell for…
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New Car Shoppers Finally Get a Break
That’s how much prices for new motor vehicles rose in January, a distinct break from months of sharp increases and…
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Everything You Need To Know About the Retirement Saver’s Credit
Saving for retirement can be a major challenge when you’re paying off debt or building up savings for short-term goals…
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US Poverty Rate by Demographics and State
US poverty is determined by the federal poverty threshold. The US Census Bureau calculates it each year to report how…
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The Mortgage Rate Relief of the Pandemic Era Is Over
It was nice while it lasted, but the decline in mortgage rates that accompanied the pandemic has now been completely…
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The Federal GST Tax Exemption and Rate Table
The generation-skipping transfer (GST) tax goes hand-in-hand with gift and inheritance taxes. It’s aimed at gifts made to a younger…
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Deducting the Penalty for Early Withdrawal of Savings
Most retirement plan distributions are subject to income tax and may even be subject to an additional 10% tax. The…
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What Credit Score Do You Need to Buy a House in 2022?
Your credit score plays a major role in your ability to secure a mortgage loan. Not only does it impact…
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Why Your Mortgage Application Might Be Denied
If you’re like most people, chances are you’ll need to take out a mortgage to buy a home. In April…
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