Money and Computing

The pace of economic recovery seems likely to be moderately stronger in 2011 than it was in 2010 ... considerable time likely will be required before the unemployment rate has returned to a more normal level ... average hourly earnings have risen only 1.6 percent ... I hope that the Congress will seek reforms to the government's tax policies and spending priorities ... more »

The wealthiest Boomers will be given an average of $1.5 million, while those at the other end of the spectrum will be left $27,000, an amount that represents a larger percentage of the latter group’s overall wealth. Two-thirds of all Boomers stand to receive some inheritance over their lifetime. more »

"As business owners, women in 2007 had a major impact on the nation's economy, employing more than 7.6 million workers." Nearly half of all women-owned businesses operated in repair and maintenance; personal and laundry services; health care and social assistance; and professional, scientific and technical services. more »

When it comes to divorce, the Baby Boomers are less conservative than younger generations: 66% say divorce is preferable to staying in an unhappy marriage, compared with 54% of younger adults who say so. And a higher share of Boomers than older Americans (but not younger ones) say they have cut spending in the past year more »