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Economy & Policy

Deflation Definition Causes Effects

What Is Deflation – Definition, Causes & Effects

We accept the fact that things get more expensive over time because of inflation, but that's not always the case. Although rare, certain economic conditions give rise to negative inflation, popularly known as deflation. Learn what deflation is, what causes it, and its effects on the economy.
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How to Get EBT Food Stamps – SNAP Program Eligibility &...

The Supplemental Nutrition Assistance Program, formerly known as food stamps, has been through many changes over the years. And present-day SNAP has fairly elaborate rules to determine who’s eligible for benefits and how to calculate them. Find out whether you’re eligible and how to sign up.
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Obamacare History – Past, Present & Future of Affordable Care Act...

The Affordable Care Act (ACA) was among this century’s most influential — and hotly debated — pieces of federal legislation. Learn the history of the legislation popularly called “Obamacare,” how the law has been implemented and modified since its passage, and preview what comes next for the ACA.
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Income Inequality in America – Definition, Causes & Statistics

The gap between the wealthiest Americans and those struggling to get by on minimum wage is called income inequality, which is substantial and growing in the U.S. And economists say that’s bad news — not just for the poor but for all Americans. But what causes it, and how can we fix it?
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Coronavirus Emergency Financial Aid & Stimulus Measures (Latest)

The ongoing COVID-19 pandemic is a global economic event without precedent in living memory. In the U.S., federal policymakers recognize the gravity of the situation. Bookmark this regularly updated list of all the actions the government has taken to bolster the economy and how they affect you.
Unemployment Benefits Chalkboard Chalk

Unemployment Benefits During the COVID-19 Pandemic – Guide

In March 2020, the United States’ longest economic expansion in modern history ran into the buzzsaw of the COVID-19 pandemic, causing an unprecedented spike in jobless claims. But the vast majority of workers are eligible for state unemployment benefits. Follow these steps to apply.
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What’s in President Biden’s Tax Plan – Proposed Rates & Who’s...

President Joe Biden’s agenda is to “Build Back Better.” He wants a stronger economy, lower income inequality, and a restored middle class. And his tax plan aims to provide all three. But as with any new tax plan, Biden’s proposal would have both losers and winners. Find out how it affects you.
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Housing Choice Voucher Program (Section 8) – Eligibility & How It...

The housing choice voucher program, formerly known as Section 8, is the federal government's biggest housing assistance program. It aims to make decent, safe, and sanitary housing available to those who can’t afford to pay market prices. Here’s a look at how it works and how you can apply.
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What Is FINRA — History & How It Protects Investors From...

In the early days of the stock market, there wasn’t enough oversight. Since the 1930s, the U.S. Securities and Exchange Commission has had its hands full. FINRA is a private organization that helps to regulate the industry. Read on to learn what FINRA does and how it protects everyday investors.
Dice Displaying Gas

Why Gas Prices Are Rising So High – Reasons for Fluctuations

Even if gas has been low-priced so long you’ve forgotten the pain of paying $50 to fill up, you’ll soon be reading headlines about rising gas prices. And when it happens, there will be a lot of angry drivers looking to cast blame. But what really drives the cost of gasoline is far more complicated.
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What Is Cryptocurrency – How It Works, History & Bitcoin Alternatives

Cryptocurrencies, or virtual currencies, are digital means of exchange created and used by private individuals or groups. Bitcoin, Ethereum, and a host of alternative coins exist today. Learn what cryptocurrency is, how it works, the history of the technology, and examples of cryptocurrencies today.
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How the COVID-19 Pandemic Will Permanently Change Society & the Economy

One thing about the ongoing COVID-19 pandemic is already clear: It has dramatically changed societies and economies the world over. Many changes will outlive the pandemic, though to what extent depends on the eventual duration and toll it takes. Which ones will impact your life the most?