Money & The Economy
News on Finance, Money, markets and the economy
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Federal Government Racks Up Third-Largest Monthly Deficit Ever Recorded
The U.S. government’s budget deficit ballooned to $660 billion in March, marking a 454% increase compared to last year and…
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‘Dirty Jobs’ Star Mike Rowe Just Totally Debunked the Argument for a $15 Minimum Wage
Mike Rowe knows the value of hard work. The former star of “Dirty Jobs” gained notoriety for the Discovery Channel…
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4 Million Americans Aren’t Seeking Work Due To Fear Of COVID-19
More than 4 million unemployed Americans aren’t looking for work out of fear of the coronavirus, even as new cases…
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The Real Infrastructure Policy Prescription
When it comes to infrastructure, both parties are quite adept at playing the pandering game. There’s been a bipartisan call…
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Why Salt Lake City Has the Hottest Job Market in the US
Americans were on the move in 2020 despite the presence of the coronavirus According to North American Moving Services’ 2020…
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Electrical Issue Grounds Dozens Of Newly Delivered Boeing Planes
Boeing warned airlines of a potential electrical issue in dozens of recently-delivered aircraft in a major setback for the plane manufacturer. American…
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Amazon Warehouse Workers Overwhelmingly Reject Unionization Bid, Organizers Cry Foul
Workers at an Amazon warehouse in Bessemer, Alabama, overwhelmingly rejected a bid to unionize, according to a National Labor Relations…
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Wharton: Biden’s ‘American Jobs Plan’ Would Hurt Economy in 3 Ways
President Biden is pitching his $2.7 trillion+ “infrastructure” plan, chock full of items unrelated to traditional transportation infrastructure, as key…
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California Moves to Ban Fracking—as Gas Prices Hit 3-Year High
Californians often serve as test subjects for progressive policies. With its latest proposed ban, the Golden State may end up…
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Jobless Claims Increase To 744,000 As Economy Continues Slow Recovery
The number of Americans filing new unemployment claims increased to 744,000 last week as the economy continues to slowly recover…
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March jobs numbers show that more stimulus may overheat the economy
Just released data by the Labor Department shows that more than 916,000 jobs were added in March. That means of…
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Jeff Bezos Just Endorsed Corporate Tax Hikes. Here’s Why Amazon’s Support Should Be a Giant Red Flag
The Biden administration and some (but not all) of their Democratic allies in Congress want to raise the corporate tax…
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The Conservative Case for Cryptocurrency
If you listen to defenders of the US dollar, you might get the idea that cryptocurrencies are only good for…
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World Economy Expected To Surge More Than Previously Projected, IMF Says
The world economy is expected to surge and expand 6% in 2021 despite previous gloomier projections, according to an International…
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Biden Admin Offers Mixed Messages with Proposed Global Tax Rate
President Joe Biden said on Monday that “there’s no evidence” that corporate tax hikes will hurt the economy, the same…
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