The Great Recession of five years ago scared many Americans. Now that the Wall Street economy is booming again, many have rushed to warn against irrational exuberance. The common media practice of always staying one step ahead of conventional wisdom is now producing an Anti-Bubble Bubble.
When you're "on the go," you need a breakfast that's quick, filling, delicious, and reasonably priced. Some restaurants apparently can't figure this out, so we have prepared a simple guide for idiots.
In a development that can only be described as shocking as well as startling, a proposed Noah's Ark Theme Park in Kentucky is having some financing problems. Do we have an investment idea for you!
Last year, the stock market rose to its all-time high, where it still sits. The S&P 500 index was up almost 30%—the best performance in decades. Still, most Americans view stocks as an inferior investment to magic beans.
Hamilton Nolan · 01/02/14 01:25PM
How hard is it for a broke woman taking care of bedridden husband with cancer to discharge student loans in bankruptcy? Hard. "Educational Credit said Ms. Schaffer was spending too much on food by
dining out... that was a reference to the $12 she spent at McDonald's."
Coffee, "The Bean of Kings," has a worth that might be considered infinite. But right this moment, it's worth is more accurately described as "Cheap as hell."
Hamilton Nolan · 12/30/13 04:17PM
The best-performing stocks of 2013: Tesla, Netflix, Best Buy, and Twitter. Hurry up and invest in these high fliers as they fly higher and higher and higher, and never lower!
Last weekend, unemployment benefits ran out for 1.3 million Americans who have been out of work more than six months. This week, 13 states will raise their minimum wage. As 2013 draws to a close, the class war rages on. At least one nation on earth has a bold idea about what to do
Hamilton Nolan · 12/18/13 09:21AM
Britain will begin issuing plastic money in 2016. If only someone could come up with a jaunty lede... "Paper or plastic? No, not what kind of bag do you want your purchases
in; it's what kind of money you'll use to pay for them, at least in
Britain."
Hamilton Nolan · 12/17/13 04:37PM
I hate to be "that guy linking to some infographic," but here is a great infographic showing just how minuscule your salary is in relation to America's top earners, and why that Communist Manifesto book sold so many copies, despite mixed reviews.
This month, Barack Obama gave a speech vowing to make curbing income and wealth inequality a top priority for the remainder of his time in office. He better get to work. As of 2011, he was headed in the opposite direction.
Hamilton Nolan · 12/16/13 01:13PM
The fact that the statement "governments should be legally required to make pension contributions every year" is controversial is just the latest reminder that it's time to blow up America's horrible pension system.
It appears that Americans may soon, at long last, get an increase in the federal minimum wage. The public is for it. Economists are for it. And today, Republican opponents may have generated their most outrageous counter-proposal yet.
Hamilton Nolan · 12/12/13 01:52PM
The price of Iowa farmland is $8,716 an acre, the most expensive it's ever been. What would you buy if you had $8,716?
Detroit is bankrupt. The once-great city languishes deep in debt, unable to provide basic city services, as it debates cutting pensions and selling off the city's art collection. What's the right move? We, the writers of Gawker, have very strong opinions.
Hamilton Nolan · 12/09/13 05:23PM
Total US household wealth has reached $77.3 trillion, a $20 trillion increase in five years. That's about a quarter million dollars for every person in America. But, you know, not.
Hamilton Nolan · 12/06/13 05:33PM
Our condolences to all the high fee-paying hedge fund investors out there. Better luck next year.
A new poll shows that college-age Americans are wildly, overwhelmingly worried about student loan debt. As well they should be. And they blame colleges. As well they should.