The cost of consumer goods has risen and fallen over time—with the long-term trajectory for most items going up. That’s not a surprise to most people. You know the cost of bread or milk at the grocery store is more than it was when you were a kid. But how fast is the cost of... Read More

By the end of May 2020, more than 40 million people had filed unemployment claims due to COVID-19 and the resulting economic shutdowns. Governments, charities, and even creditors scrambled to put programs in place to support people during this time while also mitigating future economic fallout. And this isn’t the first time creditors have found... Read More

According to many economists, the US has entered a recession, due to the COVID-19 coronavirus pandemic. Already dubbed the Great Lockdown, this recession has the potential to affect the global economy. No one can really predict when a recession will hit, but data shows that the US experiences recession, on average, every three years. While... Read More