Many Americans are earning more than ever, but far too many have almost nothing to show for it beyond bills, debt, and stress. Even as wages have risen in recent years, the typical household is saving only a sliver of...
If you’re sitting on a 3% mortgage right now, congratulations — and I’m sorry. Congratulations, because you locked in one of the best deals the American housing market has ever handed out. Sorry, because that same deal might be the...
Introduction: A Tiny Coin, a Loud Message In February 2025, President Trump told Treasury to stop making new pennies, calling the coin wasteful because it cost almost four cents to make one cent. Treasury followed through in May and placed...
In the 1930s, Franklin D. Roosevelt’s team looked at a housing market full of short, risky mortgages and said: we’re going to redesign this so regular people can actually buy and keep a house. That’s how we got the long,...