Thomas C. Frohlich - Author for 24/7 Wall St.
Lastest Stories by Thomas C. Frohlich
thinkstock.comU.S. median household income increased in 2014 to $53,657, an increase of roughly $600 from the previous year. Still, U.S. incomes have yet to recover to pre-recession levels. Adjusting...
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ThinkstockLast year, unarmed teenager Michael Brown was fatally shot by police officer Darren Wilson in Ferguson, Missouri. The incident drew attention to racially charged police brutality, and...
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thinkstock.com Wages for the wealthiest 1% of Americans more than doubled between 1979 and 2011. Wages for the median U.S. worker, by contrast, increased just 6% over that period. The gap between the...
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Thinkstock According to data released earlier this year, the United States consumes approximately 97 quadrillion British Thermal Units (Btu) annually, behind only China in total use and equal to...
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Thinkstock The global economy is projected to grow by 3.3% this year, considerably slower than in 2014. According to the International Monetary Fund (IMF), growth among advanced economies such as...
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Thinkstock U.S. economic output grew by 2.2% in 2014 to $15.77 trillion. Some sectors — such as the manufacturing and mining industries — grew. Others — including agriculture and government —...
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Thinkstock Through federal, state, and local funding, the U.S. public school system spends an average of $10,700 per student a year. Between differences in state policies, regional property tax...
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ThinkstockMany factors determine the quality of education in a particular state, including federal, state, and local funding levels, the curriculum, and teacher and staff quality. A district’s...
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ThinkstockThe United States offers some of the most expensive college educations in the world, and costs have risen to record highs. The College Board found that in the most recent academic year,...
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ThinkstockAbout 440,000 people die in the United States each year as a result of a preventable hospital error. Despite the precautions hospitals take to minimize the likelihood of a mistake, many are...
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ThinkstockOver the first half of this year, the U.S. economy generated slightly more than $17.9 trillion in goods and services, up $286 billion from the previous six months. The nation’s economy is...
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ThinkstockThe United States added 3.2 million jobs in 2014, a greater addition to the workforce than in 2013, when 2.3 million jobs were added. At the end of last year, there were 139 million U.S....
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ThinkstockNick Saban, the head coach of the University of Alabama football team, earns close to $7 million per year — more than any other public employee in the country. While the case can be made...
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