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Category: Finance

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Candidate Sanders says “Billionaires — Who needs ’em?”

Bernie Sanders, who is running for president in 2020, recently told a major New York newspaper that he is formulating a tax on the most wealthy that will, he hopes, eliminate billionaires. Both he and Sen. Liz Warren are proposing taxes on immoderate wealth that push accumulated assets into the stratosphere of hundreds of billions …

More Employees Strike as Economy Continues to Expand.

At first it seems like a conundrum: With the American economy continuing with its decade-long winning streak there are now thousands and thousands of employees around the nation who have gone on strike for higher wages and better benefits. They range from auto workers in Detroit to public school teachers in Chicago — and those …

E-Signatures to Become Legal for Wills in Most States.

The ancient practice of making a will to take care of your property and assets dates all the back beyond ancient Greece. As most people understand it, a will here in the United States traces its legal form and basis back to the seventeenth century  and is based on English law. For many centuries one …

The Fed Warns of Climate Change Costs

The Federal Reserve Bank of San Francisco has just released their quarterly report, which is far from optimistic about the future of financial America in the coming years if climate change is allowed to continue unchecked. The report, which is supposed to steer clear of all controversy and opinionating, states clearly that unless something is …

China to Allow Foreign Investment in Insurance Industry.

The Chinese government announced yesterday in Beijing that they have reversed a half century policy of excluding foreigners and foreign companies from investing in the lucrative insurance industry in China. The latest statistics show that on average a Chinese male in his mid-30’s holds nearly a quarter of a million dollars in various life insurance …

Talkspace Offers Advice on How to Handle Triggering Topics

After the 2016 elections, there was political tension. According to Talkspace, tension was also experienced between the family members. However, sixty-nine members of Americans say that the future of their nation is a significant cause of stress, while sixty-two percent say that they are experiencing stress due to the present political climate, according to the …