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The changing demographics in the U.S. — more old people, fewer young ones — are reshaping jobs and spending in all kinds of ways. Nearly all of the job growth in January came from the health care and social assistance sectors, per the Bureau of Labor Statistics. Health care employment also drove much of the labor market growth last year.
U.S. consumer prices increased less than expected in January amid cheaper gasoline and a moderation in rental inflation, but households faced higher costs for services, suggesting little urgency for the Federal Reserve to resume cutting interest rates before summer.
Consumers have never had an easier time spending their money. Yet businesses have also embedded countless frictions into the consumer experience. You might expect such hassles in health care, but they’re everywhere. We live in a world of “total bureaucracy,” now being addressed by sociologists as “America’s Annoyance Economy.”
Passionate love is widely considered a hallmark of romantic relationships and has well-documented psychological and behavioral effects. Yet until now, research has overlooked a surprisingly basic question: How many times do people actually experience passionate love over a lifetime?
Heartbreak spending sneaks up on you. Before you know it, your “necessary self-care” has added up to a mini fortune. While it costs about $1.7 million to get a new heart from doctors, how much does it cost to mend a doctor’s own broken heart?
What if Valentine’s Day week wasn’t just about flowers and dinner reservations? What if you did something that really shows you care: Have a possibly uncomfortable conversation about money.
Whatever direction they end up going in, couples have set a very specific Valentine’s Day budget: On average, Americans plan to spend $87 on their partner. 61% say a romantic dinner is their ideal gift.
On that note, don’t miss out on, Till Debt Do Us Part — Money Mistakes Couples in Medicine Make.
The tools are only getting more powerful. The noise is only getting louder. We’re being bombarded with more information than any generation in history, which makes clear thinking one of the most essential skills of our time. Here are 26 rules of becoming a better thinker.
Americans have never had more financial products from which to choose – and have never been more confused about what to do with them. Retirement accounts, mortgages, insurance policies and investment vehicles promise security but often deliver disappointment.
Speaking of noise, here’s the Pro-Rata rule explained for doctors.
How old is too old for a 30-year mortgage? Here’s what to consider.
