As of Jan. 1, 2015, these 20 states, including Arizona, Colorado, Florida, Missouri, Montana, New Jersey, Ohio, Oregon and Washington, will have a higher minimum wage. In an attempt to help low-wage workers earn greater incomes and to combat the problem of income inequality, these state legislatures have passed hikes to the minimum wage. However, […]
Archives for December 2014
Peter Schiff: Fears of new recession will force Fed to return to QE
After a volatile stock market a couple of months ago, there was the possibility of a fourth edition of quantitative easing, which many people had discussed, including the talking heads on CNBC and Federal Reserve officials. However, since the Dow Jones surpassed the 18,000 mark and oil prices continuing their downfall, those speculations have been essentially dismissed. For one […]
Merry Christmas to all our readers
To all of our ECN readers, we would like to wish you a Merry Christmas and a Happy New Year. We thank you for continuing to read our content and supporting our website. Without you we would not exist. Since this website was launched in 2012, we have continued to experience exponential growth every single […]
Report: 5 ways you’re damaging your future net worth
GOBankingRates is out with another financial report. This time, it discusses the number of ways you could very well be damaging your future net worth. Aside from taking on too much debt, there are a variety of other ways to ruin your personal financial future. Here are five ways you’re damaging your future net worth: […]
Chart: Here’s how much you’re saving because of lower gas prices
This chart using data from the United States Department of Commerce and Wells Fargo Securities shows how much Americans are saving from falling gas prices. Although it won’t last too long considering that oil prices will have to rise because it’ll become too expensive for U.S. shale oil producers to produce, consumers should take advantage […]