Incoming Comedy Central host Larry Wilmore says it’s high time audiences embraced a black late-night host.
By Stock Market Sherpa: Over the last several years, the idea of investing in water has become a somewhat popular trend. Water is an essential commodity which every living being requires to survive and only a handful of companies control the infrastructure required to deliver it to consumers. Show More Summary
By Dividends#1: Introduction: Today's volume is about 3x the 10 day average volume. American Capital Agency Corp. (NASDAQ:AGNC) is down 6.7% from its recent high on 9/5/2105. In my opinion, this sell-off is unjustified. I see this as AGNC going on sale. Show More Summary
The Washington, D.C. region is the nation's Boomtown, and it is not even close. According to new Census figures released on Thursday, the Washington, D.C. area has the highest median household income at around $90,000. The San Francisco region is next at around $80,000. Show More Summary
Media coverage of Federal Reserve Chairman Janet Yellen’s speech ignores the continuing predicament of the middle income American. Sure, those with highly leveraged portfolios or a large pile of retirement assets might care, but that’s not the median income worker. Show More Summary
This week the rating agency Standard and Poor’s got a lot of attention for a study that concluded that rising income inequality is damaging state tax revenues. Well, state tax revenue growth has slowed in recent decades and income inequality has grown. Show More Summary
A new analysis of this week's Census data on income and poverty, which found a statistically insignificant narrowing of the wage gap between men and women from 77 to 78 cents on the dollar, finds that the wage gap is much wider for women...Show More Summary
By Nicholas Ward: It's been awhile since my portfolio experienced the level of volatility that it did last Friday. My holdings typically trade in line with the major averages. Its been one of my goals to create an income generating machine that competes with the major indexes in regard to capital gains while yielding significantly more. Show More Summary
By Hunter Straus: Background On September 17, 2014, FedEx Corporation (NYSE: FDX) reported Q1 FY 2015 net income of $606 million ($2.10 per share) on sales of $11.7 billion, compared to net income of $489 million ($1.53 per share) on sales of $11.0 billion in the same period last year. Show More Summary
At MaxSpeak, Max responds to comments on his earlier posts on Universal Basic Income.Bud Meyers wrote:With ever more robotics and automation putting people out of work, how will they live without a Universal Basic Income, when humanShow More Summary
The median household income in the city of New York is a few hundred dollars a year more than the median household income in the state of Texas, but in practical terms the average New York City household is much worse off.The most obvious issue is the cost of housing, which for New Yorkers is […]
In a match-up of two consumer staples giants, here's which one should be given preference from income investors.
Policy makers and researchers have long been interested in how potential changes to the personal income tax system affect the size of the overall economy. Earlier this year, for example, Representative Dave Camp (R-MI) proposed a sweeping...Show More Summary
Since I posted the original, it's only fair to post the response: The political economy of a universal basic income, by Steve Waldman, Interfluidity: So you should read these two posts by Max Sawicky on proposals for a universal basic...
This is good news for Wynn, which has been waiting for years to build a casino resort in Everett. Massachusetts is an important location as it is the third richest state in the U.S. with a per capita income that is $7,588 higher than the average U.S. per capita income.
Getty Images Many retirees rely heavily on Social Security: The Social Security Administration reports that more than half of married couples and almost three-quarters of single retirees get at least half of their income from the program...Show More Summary
While Apple's product announcements get most of the attention, income investors have plenty of reason to consider Apple for its dividend as well.
Yo ho, all ye salty sea dogs and scalawags. Just a quick reminder on this annual Talk Like a Pirate Day that ill-gotten gains, including but not limited to pillaged pirate loot, are taxable. I suspect that Andrew McCutchen, Pittsburgh...Show More Summary
In the just-released annual Mayor’s Management Report, municipal agencies were directed for the first time to report on what they have done to 'focus on equity.'
When New York’s minimum wage rises to $8.75 an hour on New Year’s Eve, some 229,000 workers whose income relies on tips will have little occasion to celebrate.