Money & The Economy
News on Finance, Money, markets and the economy
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Economy Shrunk Even More in First Quarter than Experts Thought
The first quarter was even worse than initially thought or reported. First-quarter GDP shrunk by 1.5% which is even worse…
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Thanks Biden: Natural Gas Prices Triple While Supplies Sink
Natural gas isn’t just for the stove or water heater. U.S. power generators use gas to power plants that provide…
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Biden Effect: Oil Pushes Higher on Tight Supply Just in Time for Summer
As Americans begin the busy summer driving season, oil prices are moving even higher due to tight gasoline supplies. Gasoline…
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Bidenomics: Now Even Homeowners Insurance is Getting More Expensive
A new report found that the average price of home insurance has increased by as much as 34% in some…
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The Future of Work is Here – It’s Not Completely Remote
62% Gen Z, 51% Millennials would consider leaving jobs based on employer’s return-to-office plans The Great Resignation is showing signs…
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72% of U.S. Employees Are Stressed About Their Finances
Annual survey reveals economic uncertainty tied to rising inflation, retirement concerns and market volatility leading to sizable increase in stress…
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‘Great Resignation’ Set to Continue
One in five say they are likely to switch to a new employer in the next 12 monthsMore than a…
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82% of Travelers Will Road-Trip Memorial Day, More Than Half will Carpool
A new survey found that despite an almost 35% year-over-year increase in gas prices, 82% of Americans who are planning to travel this…
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Americans Are Budgeting More for Vacations and Prioritizing “Nearcations” Due to Inflation
58% of Americans have been saving and setting aside more money to keep their vacation hopes afloat72% are dipping into…
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Fortune Released Its 2022 List of 500 Largest U.S. Companies
Walmart takes the No. 1 spot for tenth straight year, followed by Amazon.com and Apple Today, FORTUNE announced the 68th FORTUNE…
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Target and Walmart Earnings Signal Coming Recession
Both Target and Walmart, two of the nation’s largest retailers, released their financial data for their first quarter. Both had large decreases…
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Biden’s Bear Market Could Last a Year
It’s official: the bull market in stocks ended Friday as the S&P 500 accumulated a 20.7% loss from its January…
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‘No Question’: Worst is Yet to Come for Americans
Wells Fargo CEO Charles Scharf issued a dire warning on the prospects for the American economy earlier this week. During…
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National Rents Hit their 14th Straight Month of Record-Highs
The majority of renters report that rental costs are their biggest financial strain and barrier to putting aside savings New…
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Bidenomics: Business Confidence Declined Sharply in Second Quarter
Confidence Dropped to Levels Not Seen Since the Start of COVID Business leader confidence declined for the fourth consecutive quarter…
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