Economy

Rising interest rates impact every aspect of buying a home. This five-minute article gives a high-level overview of the relationship between the housing market and interest rates.

Modern monetary theory is a macroeconomic ideology that governments should spend money to solve problems without fearing the consequences of rising debt levels. Jon Stewart is joined by economists Stephanie Kelton and Rohan Grey to explain the theory and its relevance to fixing economic problems and wealth disparity in the United States today.

Modern piracy is rarely punished and costs over $35M per day. Unlike the pirates of the past who often spent their lives living at sea, today's pirates typically operate from shore.

But just like full-time 9 to 5 office workers, gig workers can still save for retirement. An article outlines strategies for gig workers seeking to save for retirement, including different ways to think about what the money from each “gig” should go toward.

In an interview, she explains that gig economy workers come in two groups: people who are earning supplemental income on the side of a full-time job, and people who depend on gig work for their entire incomes. As it turns out, those groups feel very differently about the gig economy.

Learn why overfishing is a problem and what are some solutions to reduce fishing’s environmental impact while maintaining vital sources of food and livelihoods.

While gig work jobs often have a low barrier to entry and flexible work hours, there are a few downsides to the sector, too. For instance, gig work platforms like Airbnb likely won’t pay for an Airbnb host’s health insurance or paid time off.

In March 2023, Silicon Valley Bank—the nation's 16th largest bank at the time—collapsed after a rapid run on its deposits. Among other factors, the bank had placed more than half of its investments into long-term bonds, leaving it without the necessary cash on hand as its clients, largely start ups, panicked and withdrew their money at the same time. This visualization lays out the timeline and impact of the collapse.

If you’re thinking about being a gig worker—for example, an Airbnb host, Lyft driver, or DoorDash delivery person—keep this article in mind before you start. This article outlines particular concepts prospective gig workers should think about before signing up for gig work, such as upfront costs and budgeting for taxes.

That doesn’t mean being a gig worker is an easy career, however. This article provides a framework for how to succeed in the gig economy, such as getting routines in place to streamline workflows, avoiding burnout, and creating a solid network.