Money & The Economy
News on Finance, Money, markets and the economy
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Consolidation Key to Shoring Up America’s Hospitals
America may finally be emerging from its long COVID-19 winter as the omicron variant wanes, but the healthcare industry has…
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Warren Buffett Announces Massive $11 Billion Purchase, Largest Deal In Years
Warren Buffet announced a massive $11 billion acquisition Monday, the largest deal in roughly five years. Berkshire Hathaway said Monday…
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Powell Says ‘Inflation Is Much Too High,’ Suggests Taking A More Aggressive Stance
Federal Reserve Chairman Jerome Powell said Monday that soaring prices have become a concern for the U.S. economy, and he…
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Fed’s Slow Pace on Interest Rate Hikes Will Lead to More Inflation and Then Recession
At their March meeting, the Federal Reserve decided to raise interest rates a meager 0.25 percent. That hike will do…
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Why Grocery Stores Run So Much More Efficiently Than DMVs
Most shoppers don’t fully appreciate what goes on behind the scenes at their grocers. Yes, nowadays, with empty shelves all…
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Democrats Up Pressure On Big Oil To Answer For Alleged Profiteering As Americans Blame Biden For Gas Prices
House Democrats are putting more pressure on oil corporations to appear in upcoming hearings as Democratic leadership attempts to shift…
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Your house probably made more than you did last year
Skyrocketing home values and rent make the jump to ownership even more challenging 2021 home value growth exceeded median income…
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100 Best Value Colleges & Universities for 2022
College Consensus, a unique college ratings website that aggregates publisher rankings and student reviews, has published its ranking of the 100…
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Burger King Parent Company Explains Why Cutting Business Ties With Russia Isn’t So Simple
Since the February invasion of Ukraine, a number of American companies announced they were suspending operations and pulling out of…
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Country’s Largest Private Employer To Hire Tens Of Thousands Of Workers
The nation’s largest private employer announced plans to hire tens of thousands of workers before the end of the quarter…
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Jobless Claims Decrease By 15,000
The number of Americans who filed new unemployment claims decreased to 214,000 in the week ending March 5, the lowest…
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Federal Reserve Hikes Interest Rates For First Time In Three Years
The Federal Reserve announced Wednesday it would increase interest rates in a series of hikes throughout 2022 amid an overheating…
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‘Significant Uncertainty’: Mortgage Demand Plummets Amid Sky-High Rates, Massive Inflation
Mortgage demand plummeted in mid March after a sharp increase in rates and inflation, the Mortage Brokers Association (MBA) reported.…
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Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices |
American’s spending slowed in February amid surging inflation and gas prices, the U.S. Census Bureau announced Wednesday. Retail sales grew…
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Oil and Gas Prices Have Peaked, But Inflation Will Continue
The good news is that oil and gas prices have peaked. The bad news is that inflation will continue to…
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