Money & The Economy
News on Finance, Money, markets and the economy
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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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Mercedes-Benz Walks Back Huge Electric Vehicle Commitment Amid Slowing Demand
Mercedes-Benz on Thursday walked back plans to have an all-electric line-up by 2030 as consumers decline to adopt electric vehicles…
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Germany Likely In Recession, Central Bank Partially Blames Green Agenda
Germany appears to be in a technical recession thanks in part to climate policies, according to the country’s central bank.…
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‘Serious Problems’: Global Plague Of Recessions Could Infect US, Experts Say
Top U.S. trading partners, including the U.K., Germany and Japan, have recently entered recessions as inflation and high interest rates…
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Electric Vehicles Are So Unpopular That Entire Mines Are Shutting Down
A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the…
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Ridiculous Trump Verdict Catastrophic for US Economy
Recently a New York state judge ordered Donald Trump to pay $364 million as part of a fraud trial against him and…
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