Money & The Economy
News on Finance, Money, markets and the economy
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Real Estate Group Reaches Deal That Could Cause Massive Change To How Americans Buy Homes
The National Association of Realtors (NAR), a trade association for the real estate industry, announced a massive settlement on Friday,…
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Another Inflation Metric Comes In Hot As Price Hikes Show No Sign Of Stopping
The producer price index (PPI) rose more than double expectations in February as inflation continues to run hot despite anticipation…
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Biden budget? Tax and spend, here we go again
President Biden has proposed his budget for fiscal year 2025. This proposal will increase government spending by more than 12%…
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Biden Added One-Third Less Jobs In January Than Previously Reported
The government overestimated the number of jobs added to the U.S. economy by more than one-third in January, continuing the…
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Boeing Whistleblower Rips Company Executives For Ignoring ‘Absolute Chaos’
Ed Pierson, an ex-Boeing senior manager and whistleblower, criticized the company’s executives on Friday for not heeding his warnings about…
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Gov’t Jobs Continue To Swell Under Biden As Unemployment Ticks Up
The U.S. set another new record for the total number of government jobs in February, even as overall unemployment ticks…
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Layoffs Surge For Another Month Despite Job Gains
Layoffs at U.S. companies surged for another month as businesses adjusted to current market conditions, despite huge reported job gains,…
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No Joe, price gouging, shrinkflation are not the problems
Recently President Joe Biden said that he will take action to reduce high prices. He notes that prices, on average,…
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Americans Feel Lousy in Biden’s Good Economy
President Biden cannot understand why the approval rating on his handling of the economy is so low. About two-thirds of Americans call…
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Companies Increasingly Turning To Cheap Foreign Labor As Rising Costs Take Their Toll
Business owners are increasingly utilizing foreign-born migrant labor to meet their working needs as sky-high inflation pushes up the costs…
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Local Restaurants Can’t Keep Up With Minimum Wage Hikes, Inflation
Minimum wage hikes in many states around the country and sky-high inflation are crushing independent restaurants that don’t want to…
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US’ ‘Greatest Economic Resource’ Is Declining, And It Could Spell Trouble For The Economy
The steady decline of birth rates in the U.S. creates considerable concerns for the future of the American economy, which…
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High Rent Prices Are Crushing Americans — And They Could Be Here To Stay, Experts Say
Rent prices have exploded since the end of the COVID-19 pandemic and are unlikely to moderate, with shortages in supply…
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Stagflation may be here by late summer
As economic growth slows and inflation rises, the economy could see stagflation – a condition where economic growth stalls, yet…
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What Nvidia’s Meteoric Stock Rise Says About The Future Of The Economy
Nvidia posted huge fourth quarter results on Tuesday, up 265% from one year prior, launching the largest one-day single-stock rally…
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