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Social Security is fast running out of money, weighing down on the economy, and may have to start cutting benefits to some Americans as early as 2016. That’s the determination of the Social Security and Medicare Boards of Trustees in ...

One out of every three Americans now receives some sort of government welfare, according to the US Census Bureau. The Bureau released new data this month showing that 109.63 million Americans — or around 35 percent of the population – ...

One of the world’s most successful investors is so certain that the US stock market is set to crash that he’s betting $2.2 billion on it. Financial records show that hedge fund titan George Soros is investing heavily in gold ...

The easy money policies of central banks like the Federal Reserve are not sustainable and not addressing the financial crisis affecting the world – and increasing the chances for another US economic meltdown. That’s the official opinion of the Bank ...

The American unemployment rate could be as high as 20 percent rather than the 6.1 percent the US Labor Department’s Bureau of Labor Statistics (BLS) reported for June. Many economists and financial experts believe that the BLS deliberately underreports unemployment figures ...

The Chinese government could be positioning itself to dominate the world’s gold market and use its bullion to make its yuan currency the basis of international trade. At least that’s speculation from financial analysts after it was revealed that China ...

Americans today have fewer opportunities for economic advancement than their parents or grandparents did in 1970. That’s the conclusion of the Historical Report of Opportunity prepared by two groups called Opportunity Nation and Measure of America. “Opportunity overall decreased from ...

No matter how much you have simplified your lifestyle, you likely still need to have some money in order to survive in today’s world. Even if you grow most of your own food, make most of your own clothes and ...

The disappearance of higher paying jobs is causing the American middle class to erode and America’s position in the world to deteriorate. The middle class has fallen far short of recovering from the recession that followed the economic meltdown of ...

Large numbers of Americans have had all or part of their tax refund seized by the IRS in an attempt to collect on debts – even from a person’s parents and grandparents — that were up to 50 years old. ...