Category: Finance

President Donald Trump made headlines early in his second term when he ordered that affirmative action programs be dismantled. Less noticed was the fact that quite a few states had already eliminated such preferences for contractors, in some cases years ago. This record can now provide some answers as to how businesses owned and operated […]

Detroit’s borders encompass 139 square miles, a footprint large enough to fit Manhattan, Boston and San Francisco combined. Yet, unlike these other urban centers, Detroit has a relatively low number of national “big-box” retailers. Outside of the city’s downtown and midtown business districts, there exists one Home Depot, two full-sized Meijer locations and a Meijer […]

The Trump administration announced on July 21, 2026, that it’s withholding US$867 million in federal healthcare funding for California and $200 million for Minnesota – a total of more than $1 billion. Federal officials said the two states had failed to provide sufficient evidence that a number of disputed medical claims were legitimate. These include […]

From gas to housing to groceries, consumers can’t escape inflation in their everyday lives. So why can’t policymakers agree on what the data is telling them – and if prices are falling fast enough? With tariffs pushing up prices of goods and energy markets swinging on geopolitical news, the Federal Reserve’s policymaking committee concluded its […]

Creating a government fund to own AI stock and benefit all Americans would require many hard choices. Should the U.S. government require artificial intelligence companies to transfer half of their stock to a sovereign wealth fund – a government-run fund that invests surplus state revenues for long-term savings and economic stability? About 7 in 10 […]

Between inflation, rising car and property insurance premiums and the costs of contending with extreme weather, many Florida homeowners are feeling financially squeezed. While the ballot box can’t change the risk of floods or hurricanes, a constitutional amendment on the November ballot could reduce homeowners’ costs in the form of lower property taxes. Sixty percent […]

At picnics and World Cup watch parties across the United States this summer, people have been reaching for bowls of chips and guacamole. Most of that guacamole is made from avocados grown in Mexico – on orchards that, in what might come as a surprise, contribute less water pollution today than they did a decade […]

Chadwick Boseman’s death from colon cancer in 2020 shocked his fans. The actor and playwright, best known for starring in Marvel’s first “Black Panther” movie, worked throughout his private battle with the disease. Six years after he died at 43 without a will, he is back in the news because of a dispute among his […]

Finding good financial advice can be stressful – and expensive. That’s one reason why chatbots have become an increasingly popular and free alternative. But using artificial intelligence to answer your pressing money questions also carries hidden dangers. I’m a finance professor who has been closely watching the spread of AI into personal finance, and I […]

In much of the United States, developers spend more to build an affordable apartment for a low-income family than a market-rate one just down the street – sometimes far more. It is one of the central paradoxes of the nation’s housing crisis: The affordable homes that lower-income renters need most tend to be the costliest […]