About the Author
Beth Tallman
EconExtra: Will the $1.9 Trillion Rescue Package Trigger Inflation?
EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons.
As this hot, politically charged Rescue bill has passed the House last week and passed the Senate today (the Senate version goes back to the House for another vote), let's look at the economics behind this issue. We have already heard from both...
Reading List for March 5-7
By Beth Tallman
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Mar 05, 2021
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Financial Literacy, Economics, Investing, Cryptocurrencies, Retirement, Budgeting
Financial Literacy
ICYMI--Here is a link to Tim Ranzetta’s piece for The Street.
Economics
This week marked Fed Independence Day (Happy 70th!). Here is a Planet Money episode explaining what that is all about.
Speaking of the Fed, Jerome Powell’s comments yesterday about the potential for some inflation as the economy restarts sent markets moving. (CNBC)
For more on Powell’s message stressing patience, read the NYT explanation.
Initial jobless claims...
Reading List for February 26-28
Financial Literacy
More players have jumped into the financial literacy effort.
Nike’s partnership aims at kids (Yahoo Finance).
The Skimm’s new SkimmU is aimed at its largely female following (7 million subscribe to its daily news feed).
Economics
Here is a great summary of where Janet Yellen stands on current top economic issues. (NYT)
Last week’s first-time jobless claims dropped over 100,000 from the previous week. The number is still huge. (Yahoo Finance)...
EconExtra: Freedman's Bank and the History of Black-owned Banks in the US
EconExtra is a series of posts that go beyond the textbook, relating current events and recent developments in economics to content standards, and providing resource suggestions to help you incorporate the current events into your lessons.
The Headlines
Investopedia published a comprehensive review of all of the Black-owned banks by state earlier this month. In fact, there are only 41 in the country, including credit unions.During Black History Month, the following headlines warranted further...
Reading List for February 19-21
Economics
Retail sales jumped beyond expectations in January. (CNN)
New weekly unemployment claims back up this week, and prior week was revised up as well. (Yahoo Finance)
Sales of existing homes rose in January, surprising forecasters. Inventories are low, prices are high. (Reuters)
Walmart will be raising wages for 425,000 workers to average above $15 an hour. (CNBC)
There is much debate over an increased minimum wage, particularly in struggling areas of the country. (NYT)
Covid has driven...
Reading List for February 12-14
By Beth Tallman
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Feb 12, 2021
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Cryptocurrencies, Investing, Economics, Budgeting, Taxes, Paying for College
Happy Valentine's Day!
BitCoin
Bitcoin may be winning the headline contest over GameStop this week. Let’s start with “What can you buy with bitcoin?” (NYT)
The nation’s oldest bank, BNY Mellon, and Mastercard announce they are getting on the cyrptocurrency bandwagon. (Markets Insider)
Tesla may have triggered the latest run-up in bitcoin pricing after their announcement of a $1.5 billion investment, and that they would accept bitcoin as payment for their cars. (CNBC)...
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