Wealth Gaps

Wealth Gaps

We hear a lot of talk about the wealth and income gap(s) in the U.S., but these discussions often lack specifics. Fortunately, the U.S. Census Bureau bureau has put together some clear data on the subject. The latest data is only from 2013, but it illustrates many of...
Public Pension Funding Is in Trouble

Public Pension Funding Is in Trouble

Public pension funding funding took a hit in the last three months of 2016, as asset returns fall short of benchmark, according to a report from consulting and actuarial firm Milliman, Inc. These pensions cover public sector retirees. Their funding level is critical...
Inflation Rate Rises Again

Inflation Rate Rises Again

Inflation rose at an increased rate going into 2017, a new report from the Bureau of Labor Statistics shows. The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 percent in December 2016, on a seasonally adjusted basis. Over the last 12 months, the...