Trouble for those "Tax the Rich!" folks: For the first time in history, rich people are actually getting poorer, and luxury retailers are freaking out about it. ... "Because these same consumers are significantly invested in their high-end lifestyle with income...
Finance
Fallout of China’s One Child Policy
I'd not thought of this: ... The reason Chinese savings levels are so high is the one-child policy. In most developing countries the way that people save is they have multiple children hopefully to generate a gaggle of grandchildren all of whom are trained to respect...
Double-Dipping Payments from the “G”
As many as 117,000 Americans simultaneously collect unemployment benefits and federal disability each year, a form of double-dipping that investigators say costs taxpayers $850 million annually and should be ended. To understand why such "double-dipping" constitutes...
Illinois – 4th Worst Legal Climate for Business
Illinois, along with California, Louisiana, Mississippi and West Virginia, are among the worst states in the country for businesses because of their legal climates, according to survey of corporate attorneys released Monday. Two Illinois counties did not fare well in...