National Bureau Of Economic Research News
Peer pressure, applied well, boosts financial health
When you're training for a fitness goal, a workout buddy can be your best asset. She's the one who cheers you on good days and pushes you on bad days. When you're working to reach a financial goal, friends can be equally helpful. Peers can influence how much you save for retirement, determine when
Economic Realities in America: By The Numbers
In the Diane Sawyer report, "My Reality: A Hidden America," for a special edition of ABC News “20/20,” ABC News chronicles a reality of millions of Americans working harder than ever but struggling to stay in the middle class , or striving to get in. For so many, the American Dream’s opportunities
Democratic National Convention 2016: Fact-Checking the Speakers
The Democratic Party is holding its convention in Philadelphia this week. Every day, ABC News will be fact-checking speakers at the Democratic National Convention . DAY FOUR: Thursday, July 28 Fact Check: Economy Added 15 Million New Private-Sector Jobs Since Obama Inauguration Claim: The economy
Republican National Convention 2016: Fact-Checking Donald Trump and Other Speakers
Donald Trump took to the stage at the Republican National Convention Thursday night and offered a stinging indictment of his Democratic rival Hillary Clinton as well as the legacy of the Obama administration. He made several claims about both, so ABC News decided to fact-check them, as well as the
My Husband Is Not My Soul Mate
(Editor's note: This article originally appeared on Babble.com . It has been reprinted here with permission. Disney is the parent company of both Babble and ABC News.) Looking deep into my eyes, some time after our seventh wedding anniversary, my husband took my hands into his -- calloused and
Tricked-Out College Campuses, From Water Parks to Luxury Dorms
With competition for tuition money ramping up, colleges are looking for ways to set themselves apart and some have turned to investing in unimaginable campus experiences, from water parks to luxurious residence halls. In the economic report, “College as a Country Club,” published last year by the
U.S. Mortgage Rate at 2-Year High
The average U.S. rate on the 30-year fixed mortgage rate rose to 4.51 percent, a two-year high, on the possibility that the Federal Reserve would reduce future bond purchases, according to Freddie Mac. The 30-year fixed-rate mortgage averaged 4.51 percent for the week ending July 11, up from last
Oil Prices Rise, Again, Now $107 a Barrel
Morning Business Memo: Oil prices continue to rise, prompting fears of higher gas prices. West Texas crude futures rose to nearly $107 this morning after a sharp weekly drop in U.S. crude inventories underlined rising demand. Tensions over Egypt are also behind the recent price...
Rubio Aide: Some American Workers 'Can't Cut It' -- True or False?
American workers "can't cut it." That's what an unnamed aide to Sen. Marco Rubio told the New Yorker's Ryan Lizza , explaining the Florida Republican's desire to bring more immigrant workers into the U.S. economy. For obvious reasons, the quote has already ruffled the feathers of many participants
'Redshirting' in Kindergarten Still Subject to Debate
More parents are putting off a child's kindergarten entry so he or she will be a little older than the classmates. It's a phenomenon known as redshirting. "The reasons parents choose to redshirt their child vary, depending on the child's emotional, social and academic readiness to join school,"