Democratic presidential candidates dueled this week over ways to lift lower-income and unemployed Americans out of poverty: a guaranteed $1,000 monthly income, a higher minimum wage or a guaranteed job? In one corner is businessman Andrew Yang, who’s made universal basic income the centerpiece of his campaign. Yang is proposingRead More →
Most Americans do not favor the guaranteed-cash proposal touted by 2020 presidential contender Andrew Yang, but other countries see universal basic income differently. Some 77% U.K. residents and 75% of Canadian residents back the idea of a universal basic income (UBI) to help workers who lose their jobs due toRead More →
While facilitating a life-planning workshop in Portland, Ore. last summer, I asked for a show of hands: How many of you have a will? How many have a power of attorney document? An advance directive? What about a financial plan? I expected a weak response to some of these questions,Read More →
Whether they call it a Freedom Dividend or a baby bond, some 2020 Democratic contenders have embraced the tenets of a universal basic income (UBI). Proponents of UBI — including Tesla TSLA, -0.66% CEO Elon Musk and Facebook FB, -0.29% CEO Mark Zuckerberg — argue that it wouldRead More →
Teens have angst — about money. About one in three teens don’t believe that they’ll be financially independent from their parents by age 30, according to a survey of 1,000 U.S. teens ages 13-18 released this week by youth organization Junior Achievement USA and Citizens Bank. And they don’t thinkRead More →
Happy Friday, MarketWatchers. Check out these top stories as we head into the weekend. Personal Finance 21 states to DeVos: Stop blocking our efforts to crack down on student-loan companies In a letter, nearly two dozen attorneys general argue a policy quietly implemented by the Department of Education is ‘harmingRead More →
