Anybody who was surprised that the Federal Reserve Board decided to raise its benchmark interest rate this week probably wasn’t paying attention.  The U.S. economy is humming along, the stock market is booming and the unemployment rate has fallen faster than anybody expected.  The incoming administration has promised lower taxes and a stimulative $550 billion [...]

The future of personal transportation will be very different from the past.  If you marry two clear trends—the advent of self-driving cars with increasingly popular Uber transportation—it’s easy to envision a world where you can sell your car and convert the garage into a spare bedroom.  Why would you need your own auto when you [...]

Many of President-Elect Donald Trump’s policy proposals are too vague to analyze, but one area where he has been clear is on reforming our tax system.  Here’s a quick primer on the changes that you can expect to be introduced to Congress in the coming year.   1) A shift from seven income tax brackets [...]

One economic statistic that you probably haven’t seen much of in the press is the home ownership rate.  Quietly, the percentage American families who own their own home (versus rent) has fallen to 62.9% in the second quarter of 2016—the lowest figure in 51 years, according to the U.S. Census Bureau.  Young people are struggling [...]