That difference translates to about $550 a year, according to a new meta-analysis of studies evaluating the retail costs of food, grouped by healthfulness. It's chump change for middle-class eaters, but a big gap for low-income families — but researchers say that's a problem that can be solved.
Here's something you haven't heard in years: The U.S. economy had a great week, with reports showing jobs being created in several sectors, new-home sales surging and factories humming. Oh, and unemployment is the lowest it's been since 2008.
Cybersecurity, Christmas-themed cats and HealthCare.gov gained spots in the news this week, along with some coverage of innovative gaming. Plus, Tell Me More launches a discussion on blacks in the technology industry.
The unemployment rate fell to 7 percent and employers added 203,000 jobs to payrolls in November, according to the latest report from the Bureau of Labor Statistics. The largely positive data could build anticipation that the Federal Reserve might move to taper its stimulus program.
In practically every image of Nelson Mandela after he became president in 1994, he is wearing a silk, long-sleeved, button-up shirt covered with bright, colorful patterns. Those shirts were custom made by a white South African fashion designer.
Brazil's state oil company Petrobras lost 15 percent of its market value this week — that's some $10 billion. Analysts predict more trouble ahead for the oil giant.
The Labor Department on Friday said the nation's unemployment rate fell to 7 percent, a five-year low, as U.S. employers added 203,000 jobs to payrolls in November. In October, the unemployment rate was 7.3 percent.
The book lists the tax that importers have to pay on approximately every single thing in the universe — and raises a key question about the Planet Money T-shirt.
Friday morning, we'll learn what happened last month in the job market. But whatever happened last month, it won't change the big picture: The job market is still very bad.
For the past three years, there's been a shortfall in the payroll taxes collected for Social Security. As more baby boomers join the ranks of the 57 million people already receiving benefits and the overall share of wages subject to taxation under the program shrinks, that deficit is bound to keep growing.