by Thomas Powell | Sep 11, 2017 | Economics, Uncategorized
As you now likely know, Equifax, one of the three main credit reporting agencies in the U.S., experienced a breach that left 143 million Americans vulnerable to credit fraud/identity theft. 143 million Americans! That’s roughly half of the U.S. population. These...
by Thomas Powell | Sep 6, 2017 | Economics, Uncategorized
In the thick of a multi-year bounceback from a brutal national recession that hit Nevada particularly hard, the SIlver State is no longer last in every positive category and first in every negative category … at least in terms of state economics. The Great Recession...
by Thomas Powell | Aug 30, 2017 | Economics, Uncategorized
This spring there was a city in North America where the average price for a detached house was $1.2 million, and that was in … Canada? Last month, the insane housing prices in Toronto slowed, which had Canadian national news outlets leading with headlines such...
by Thomas Powell | Aug 21, 2017 | Economics, Uncategorized
Last week, Time.com published a fantastic article called “5 Things You Didn’t Know About America’s Millionaires.” In this post, I’ve added my two cents and made the “things” even easier to digest with pictures. Next in...
by Thomas Powell | Aug 2, 2017 | Economics, Uncategorized
Last month the GOP presented a plan for the budget it hopes can overhaul the tax code. Whether or not the GOP can take their measure to the House remains to be seen. The budget plan suggests hefty cuts to Medicare, Medicaid, food stamps, Federal employee pension plans...
by Thomas Powell | Feb 28, 2017 | Economics
The Dow Jones Industrial Average was on a record-setting streak up until close today, February 28th, 2017. Its streak stopped at a string of 12 record-setting closes after the DJIA shed 25.2 points (.1%) today and closed at 20,812.24 (1). The incredible run seemed to...