Economics

• Ed Yardeni, president of Yardeni Research, seems to agree with economists previously cited in reading lists and EconExtras that inflation may go up temporarily as economy starts back up, but demand and therefore prices will cool down soon. (CNBC)
• This New York Times presents lots of economic indicators (graphs) to evaluate the recovery so far.
• Unemployment claims dropped to under 400,000 last week. (Reuters)
• May jobs report showed payroll increase of 559,000 and unemployment at 5.8%. (CNN)
• Teenagers will have a much better time finding work at higher wages this summer. (NYT)
• Thinking about buying a home? You may want to wait until this market madness subsides. (Atlantic)

Investing

• For you data geeks out there, A Wealth of Common Sense but together 200 years of returns by asset class.
• Jason Zweig of the Wall Street Journal recommends I-Bonds as a safe and relatively high return investment.
• For you doughnut lovers out there, be on the lookout for the Krispy Kreme IPO! (Restaurant Business Online)
• AMC has taken advantage of the hype around its stock and raised $587 million in a share offering. (CNBC) It is now trying to do a second offering, but may not be so successful if market reaction is any indication. (CNBC2)

Student Loans

• The interest rate on Federal Student Loans jumped almost 100 basis points for the next academic year. See the QOD on the topic from this week in case you missed it. (NYT) (CNBC)
• Student loan payments will resume in the fall. Be prepared. (Money)
• This Her Money (video) episode from Jean Chatzky takes a family through the decision making process on which school to attend and how to pay for it. Nothing particularly new, but concise info in a 7-8 minute video.

Higher Education

• The College Board released its study of 10 million students and how the pandemic impacted their higher education decisions. (Inside Higher Education)

Retirement

• This Humble Dollar article turns the retirement budgeting process on its head.

Pandemic

• New York Times digs a bit deeper into the global shortages during the pandemic.
• Stimulus checks were successful in reducing food insecurity and financial hardship for a large segment of the economy. (CNBC)

About the Author

Beth Tallman

Beth Tallman entered the working world armed with an MBA in finance and thoroughly enjoyed her first career working in manufacturing and telecommunications, including a stint overseas. She took advantage of an involuntary separation to try teaching high school math, something she had always dreamed of doing. When fate stepped in once again, Beth jumped on the opportunity to combine her passion for numbers, money, and education to develop curriculum and teach personal finance at Oberlin College. Beth now spends her time writing on personal finance and financial education, conducts student workshops, and develops finance curricula and educational content. She is also the Treasurer of Ohio Jump$tart Coalition for Personal Financial Literacy.