Money & The Economy
News on Finance, Money, markets and the economy
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What Could Go Wrong? Governors Take On Power Companies Over Who Controls Your Electric Bill
Governors whose states share the nation’s largest power grid will meet Thursday in Chicago — as critics say the grid’s…
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World’s Running Out Of Cushion To Blunt Iran War’s Oil Shock, Top Execs Say
The global oil market is burning through its remaining supply cushion as wars in the Middle East and Ukraine drain…
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Wind Power’s Fatal Flaw Comes Back To Bite The United Kingdom
The United Kingdom’s power grid scrambled for electricity Tuesday as collapsing wind generation exposed a fundamental weakness in the country’s…
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Trump Issues New Diesel Order That Affects Truckers, Farmers Alike
President Donald Trump’s order opening tax-free dyed diesel to highway trucks could strain the fuel supply farmers rely on in…
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Even Americans Making Over $300,000 Are Living Paycheck To Paycheck
More than one-third of Americans earning over $300,000 said they were living paycheck to paycheck as persistent inflation continued to…
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When Will Congress Repay Social Security Money Taken Years Ago?
Dear Rusty: I seem to remember that Congress borrowed a total of 4 trillion dollars from SS back in the 1980’s…
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Oil Prices Drop After Trump Pressure Pushes Europe Toward Releasing Diesel Reserves
Oil prices fell Friday after a report that European countries were weighing a large release of emergency fuel stocks under…
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Job Numbers Come In Cooler Than Expected As Previous Gains Get Revised Down
U.S. employers added just 29,000 jobs in September as unemployment rose and the government sharply revised down previous months’ gains,…
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China Puts Kibosh On Fuel Exports A Week After Trump Asked Xi To Send More
China has suspended fuel exports a week after President Donald Trump pressed the Communist nation’s leader to help stabilize global…
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US Threatens Diesel Export Ban Unless France And Germany Release Emergency Stocks
The Trump administration is pressing France and Germany to open their emergency diesel reserves, warning it could otherwise bar U.S.…
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Economy Continues To Grow Despite Iran War-Driven Headwinds
The U.S. economy showed surprising resilience Wednesday as growth was revised sharply higher, consumers continued spending and inflation came in…
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McDonald’s Uses AI To Figure Out How Much You Will Pay For Its Food
America’s largest burger chain is letting artificial intelligence help determine prices based on how much customers are lovin’ it. McDonald’s…
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Unemployment-Related Numbers Near Historic Lows. So Why Are Americans Fearful Of Future Job Market?
Americans grew increasingly fearful about the future of the job market even as unemployment remained relatively low and new applications…
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Americans Turn To Riskier Mortgages As Borrowing Costs Explode. Sound Familiar?
Americans are increasingly turning to adjustable-rate mortgages to escape borrowing costs above 7%, reviving a type of home loan that…
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I’m Reevaluating My Retirement Plan; What are my Options?
Dear Rusty: I am 69 1/2 years old now and applied for Social Security at the end of June. I am…
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