Imagine getting a flurry of emails and calls from angry people claiming you’ve stolen their money — by promising them a job that doesn’t exist. And you have no idea who they are, or why they are calling. Work-from-home scams aren’t new, but I’ve seen enough data points lately that [Keep reading]
Just when you think Congress isn’t going to be able to do anything constructive for the rest of this presidential election year, out comes a bipartisan proposal called The Americans Privacy Rights Act of 2024. Its name is delightfully simple; it arrives after decades of failed attempts to create federal [Keep reading]
It’s rockets and feathers. All over the economy. As economists and politicians keep wringing their hands about inflation, I sure wish they would read up on asymmetric price adjustment — a phenomenon dubbed “rockets and feathers” in this 2009 paper. Prices rise faster than they fall. Inflation always “sticks” longer [Keep reading]
Maybe you heard recently about a personal finance reporter, Charlotte Cowles, who was the victim of a scam and wrote about it for her employer, The Cut. The headline for the story was dramatic: “The Day I Put $50,000 in a Shoe Box and Handed It to a Stranger.” In [Keep reading]
Housing costs are rising fastest in — Montana, Utah, and South Carolina? That must be some kind of joke, right? Sorry, there is no punchline. Only American families, getting punched in the gut. The economy is doing so well, why are Americans so pessimistic? I keep reading variations of this [Keep reading]
Bob Sullivan