Brookings Institution

Money Never Stops Buying Happiness

New research out of the Brookings Institution claims there is no ceiling above which additional wealth stops contributing to people's sense of well-being.

5 Years From Retirement? 5 Things to Do Right Now

With just five years left before you retire, you need to begin solidifying your plans. Make sure you're still on track, but also nail down where you'll live and how you'll meet your health care needs. Here's how:

Are You Better Off Than You Were Four Years Ago?

It's the question every incumbent up for reelection has had to answer since challenger Ronald Reagan first posed it to President Jimmy Carter in 1980. But in this 2012 campaign, the answer is not so simple, for all the rhetoric on both sides.

America's Richest Cities

Median household income in the United States has declined for the second straight year, according to data released by the U.S. Census Bureau last month. But there are many cities that are doing well. These are America's richest cities.

Does Rising Economic Confidence Spell Trouble for Romney?

A boost in confidence in the U.S. economy could be bad news for Mitt Romney's presidential bid. Though Romney's campaign has tried to paint the Obama presidency as unsuccessful at boosting the economy, The U.S. Gallup Economic Confidence Index surged after the DNC.

Pop Quiz: Is America Still the Land of Economic Opportunity?

"Moving on up" is a fundamental part of America's identity, but the path from rags to riches is getting harder to navigate. To gauge the state of American promise, we dug into the numbers: Take our quiz to find out if American hope lives up to American hype.

Why Public Universities Are a Bad Deal for Your Kids

Here's a higher education shocker: Thanks to tuition hikes at California's state universities on one hand, and Ivy League financial aid policies on the other, attending Harvard is actually the better deal for the Golden State's middle class students. And that's not just a West Coast phenomenon.

The 4 Emotional Traps Making Us Miserable

Americans are unhappy. Consumer confidence is at lowest level in over 2 years, and the "misery index" is at a 28-year high. But there's a lot more to our distress than the numbers. The real source of our current unhappiness lies in a set of deeper emotional triggers -- triggers that we can change.

Here's the Next Big Threat to Your 401(k)

It's bad enough the stock market has been beating up on most of our 401(k)s lately. Now, legislators and big thinkers are debating a variety of proposals to reduce the tax benefits of saving in 401(k)-type plans. And the results could be bad for America's rich and poor alike.

Should the Fed Worry About Unemployment?

When the economic gurus at the Fed move the levers of U.S. monetary policy, they do so with two often-conflicting goals in mind: promoting maximum employment and keeping prices stable. Many critics are now arguing that that Fed should ignore unemployment and focus solely on prices.

Federal Reserve's Donald Kohn to Join Brookings Institution

The Federal Reserve's Donald Kohn, who has worked at the central bank for 40 years, will become a senior fellow at the Brookings Institution when he leaves the Fed next week. Kohn, 67, advised Fed Chairman Ben Bernanke throughout the financial crisis, and also served as a key adviser to former chairman Alan Greenspan. He first entered central banking as a researcher at the Federal Reserve Bank of Kansas City in 1970, and has served as a Fed governor and as head of the monetary affairs group.