Money and Computing
Hear Ye, Hear Ye: Middle Class Economics Rewarding Hard Work by Restoring Overtime Pay
President Obama announced that the Department of Labor will propose extending overtime pay to nearly 5 million workers. The proposal would guarantee overtime pay to most salaried workers earning less than an estimated $50,440 next year. The number of workers in each state who would be affected by this proposal can be found here. more »
Americans Are On the Move Again: Tired of Shoveling Snow and Ready for the Warmth
Historically, about 17 percent of families move in a given year, but the recession knocked that number down as low as 11 percent, said Kimball Brace, president of Virginia-based Election Data Services. After two straight years of improvement, the number of moving families has partially recovered to about 15 percent. "The recession kept people at home. They couldn't sell their home, they couldn't find a job," Brace said. "We're starting to see bigger numbers. We're not all the way back." more »
Couples Study Uncovers Disconnects on Retirement Expectations, Social Security — and Even How Much the Other Half Makes
Although the overwhelming majority of couples (72 percent) say they communicate exceptionally or very well when it comes to financial matters, more than four in 10 (43 percent, up from 27 percent in 2013) couldn't correctly identify how much their partner makes — and of that, 10 percent were off by $25,000 or more. Which begs the question: if so many couples can't get this most basic item in their financial lives correct, what other disconnects exist that are unknowingly causing cracks in their financial foundation? more »
Same-Sex Marriage Bans Struck Down Nationwide: Clear Protections From Discrimination Still Needed
Today the Supreme Court has affirmed what Americans already believe; that same-sex couples deserve the right to marry and marriage equality should be the law of the land. Since the introduction of the Equality Act in 1974, only 17 states plus the District of Columbia have passed laws protecting all LGBT residents in employment, housing, and public accommodations — meaning that a majority of the states and the federal government still lack the basic protections for LGBT Americans that are afforded other populations. more »