Articles filed under Economy
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It's time to fix Social Security's tax burdenDec 30, 2018 5:00 am - People on Social Security need a tax break. The rest of us need to make sure they get it - for everyone's sake. When Congress made Social Security benefits taxable in 19...
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Federal minimum wage fell by 14 cents this year, when adjusted for inflationDec 30, 2018 5:00 am - Nine years, five months and one day as of Christmas: That's how long it's been since the federal minimum wage was raised. If we make it to June without a wage hike - a s...
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Blue collar worker shortage turns U.S. labor market on its headDec 23, 2018 5:00 am - A surprise shortage of blue collar workers is changing the contours of the U.S. labor market, boosting their pay, narrowing wage inequality and drawing more women into t...
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Want to cut your tax bill? Keep reading and call your CPADec 23, 2018 5:00 am - President Donald Trump pledged that his tax law would kill off breaks and complex loopholes for the wealthy. Instead, the overhaul has ushered in a new generation of man...
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Retirees thought GE would take care of them forever. It didn't.Dec 23, 2018 12:09 am - Back in 1971, when he went to work at a General Electric plant in upstate New York, John Phelps probably wasn't naive in believing that the company would take care of hi...
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These two Cook County neighborhoods are attracting more Americans making $200K+Dec 21, 2018 12:00 am - U.S. unemployment is near a 50-year low, economic growth is brisk and the stock market - despite a disappointing 2018 - has paid generous returns since the financial cri...
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In booming job market, more workers are 'ghosting' their employersDec 16, 2018 12:00 am - Economists report that workers are starting to act like millennials on Tinder: They're ditching jobs with nary a text. “A number of contacts said that they had been 'gho...
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Study: Women who attended elite colleges made more money, married lessDec 16, 2018 12:00 am - Consider two young men. They're similar in every way. One chooses an elite college, one doesn't. Research has shown both end up earning the same later in life. It makes ...
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It may be time to stop itemizing your taxesDec 09, 2018 12:12 am - Around this time of year, many taxpayers begin the annual ritual of pondering The Big Question: Do I take the standard deduction or spend time hunting for receipts and f...
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The surprisingly high number of Americans getting absolutely no raisesDec 02, 2018 12:16 am - One of the great puzzles of this economic expansion has been the tepid increase in wages, even as the unemployment rate has declined to 3.7 percent, its lowest point sin...