With vaccinations underway and the Biden administration about to assume power, attention will soon return to an assessment of the true damage that Covid-19 has wreaked on the American economy. At this moment, it’s important to take stock of the various rescue measures that have been extended by the federal government and consider how they…
Many American millennials think they’ll be millionaires by middle age and have a generally positive view about their finances, according to several studies. However, research shows a different reality: Millennials are behind financially. Millennials got a slow start to building wealth because of the Great Recession, and a rising cost of living has made it…
Words originate everywhere. And Scientific American is the place to find the earliest evidence of a surprising number of them. The venerable Oxford English Dictionary investigates where each of its multitudinous terms first appears. Scientific American has po…
