Money & The Economy
News on Finance, Money, markets and the economy
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Tesla Recalls 578,607 Vehicles, Marking Its Fifth Massive Recall In Less Than 8 Months
Tesla recalled nearly 600,000 vehicles on Thursday, the electric car maker’s fifth major recall in the past several months. The…
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Yikes! Blame the Biden Administration for 7.5% Inflation
This is starting to sound like a broken record. Time and again, in my columns for the last 10 months, I’ve…
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Biden Effect: Inflation Accelerates in January, Worse than Analysts Expected
Prices for just about everything rose at a faster pace in January than in recent months and increases are higher…
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Business Leaders Lose Confidence in Economic Recovery, Expectations Soften
A critical measure of confidence in the economy declined for the third consecutive quarter in Q1 2022. “CEO confidence fell…
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Peloton CEO To Step Down As Company Cuts Thousands Of Jobs
Peloton co-founder and chief executive John Foley will step down as the company plans to cut thousands of jobs after…
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Two Discount Airlines Announce Merger to Become Fifth Largest in Sector
Two major U.S. airlines announced Monday that they would merge companies becoming the nation’s fifth-largest airline. Frontier Group Holdings, Inc.…
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The 3 Greatest Economic Threats Facing America in 2022 (and Beyond)
As 2022 unfolds, there’s much concern regarding the US economy and our geopolitical standing. According to the International Monetary Fund…
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January Jobs Number Very Positive — But Inflation Will Increase
The Bureau of Labor Statistics just released the jobs numbers for January 2022. To the surprise of most economists, 467,000 jobs were…
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Watchdog On Wall Street Says He’s ‘Very, Very Skeptical’ Of Better-Than-Expected Jobs Report
‘Watchdog On Wall Street’ host Chris Markowski shared his insight into the January jobs report, the United States’ record economic…
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Jobs Report Shows Tight Labor Market Tightening
The U.S. economy recorded an increase of 467,000 jobs in January while unemployment increased to 4.0%, the U.S. Bureau of…
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Why U.S. Steel’s stock buyback is such a big winner
Stock buybacks have been criticized by those who opposed the 2018 tax cuts passed by Congress. The opposition says that…
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Jobless Claims Drop Below Expectations
The number of Americans who filed new unemployment claims decreased to 238,000 in the week ending Jan. 29, the Labor…
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Massive Public Debt Will Burden Future Generations
The U.S. public debt now exceeds $30 trillion — the highest amount ever seen in the nation — and it is growing by more…
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FTC Will Scrutinize Microsoft’s Massive Video Game Acquisition
The Federal Trade Commission (FTC) will review Microsoft’s $68 billion acquisition of video game company Activision, according to a Bloomberg…
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Financial Security Becomes One of The Most Attractive Qualities in 2022
“67% of Those in a Relationship Agree That There is Nothing Sexier Than Saving Money” Americans in a relationship are…
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