May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
China denounced U.S. Secretary of State Mike Pompeo for fabricating rumors after he said the chief executive of China's Huawei was lying about his company's ties to the...World Politicsread more
U.S. President Donald Trump on Thursday predicted a swift end to the ongoing trade war with China, although no high-level talks have been scheduled between the two countries.World Economyread more
President Donald Trump has threatened tariffs on another $300 billion worth of Chinese goods — but Chinese PC-maker Lenovo is prepared to shift its production if that happens,...Technologyread more
Indian Prime Minister Narendra Modi won a landslide re-election victory. That could see India taking a more assertive security stance.Asia Politicsread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute...Earningsread more
Chinese technology giant Huawei has enough inventory to sustain its smartphone and 5G networking equipment business for most of the rest of the year, according to brokerage...Technologyread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
Thinking about having kids or looking to add another bundle of joy to the family? This calculator could help you figure out how much it will cost — and it takes less than a minute.
Created by the U.S. Department of Agriculture, the calculator requires users to answer a handful of questions about their household, including the number of children, their ages, and the parents' annual income.
The algorithm looks at housing, food, transportation, clothing, health care, child care expenses as well as the region in the United States where the couple resides to determine the annual cost of child rearing through age 17.
Example: For a household with two parents living in the Midwest making more than $106,000 annually with two children aged 12 and 7, it would cost around $44,000 per year to raise both children, according to the calculator.
That same household, if annual income dropped under $61,300, would pay around $19,000 to raise those two children.
The cost of raising a child could be greater than the USDA's predictions, as it does not factor in every possible expenditure.
The calculator does not include the cost of giving birth, maternity leave or money that parent's put away for college savings.