Money & The Economy
News on Finance, Money, markets and the economy
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Credit Card Delinquencies Reach Grim Milestone As Inflation Continues To Crush Americans
Credit card delinquencies reached the highest level since at least 2012 as Americans continue to grapple with high inflation and…
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Understanding Make America Great Again Economics
The Democrats call Donald Trump’s economic policies: MAGAnomics. President Biden says MAGAnomics is “harming middle-class families, senior citizens and American manufacturing.” But…
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The New York Times Doesn’t Understand Maganomics
On July 15th, The New York Times ran an article, “Trading Free-Market Ideals for Protectionism, G.O.P. Goes Full Trump.” In…
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Chinese Automakers Could Be Poised To Wipe Out American Car Titans
American automakers will need to make major changes to their businesses if they want to remain competitive with Chinese electric…
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Inflation Falls Below Expectations As Economy Cools
Inflation ticked down slightly year-over-year in June as rising prices continue to weigh on average Americans’ finances, according to the…
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Finally, Prices Actually Fall
The Bureau of Labor Statistics just released the Consumer Price Index for June. For the first time since the pandemic…
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Wall Street Is Panicking That Trump’s Policies Could Make The Economy Work For Average Americans
Wall Street is panicking that former President Donald Trump’s populist economic policies will hurt growth in a second term, but…
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Unemployment Rate Climbs For Another Month As Job Gains Slump
The U.S. added 206,000 nonfarm payroll jobs in June as the unemployment rate ticked up to 4.1%, according to Bureau of…
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Hospitals must be permitted to consolidate
The escalating cost of healthcare in America has become a persistent economic challenge. Influencing everything from job creation and wage…
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Consider the public debt when casting your vote.
The Congressional Budget Office just announced its projection for the federal government budget deficit for fiscal year 2024. They project…
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Biden Admin Housing Measures Could Add More Gasoline To Home Shortage Fire, Experts Say
The Biden administration announced on Monday new measures that could exacerbate housing shortages in the U.S., experts told the Daily…
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Home Prices Under Biden Just Hit A New Milestone
Home prices hit a record high in May despite falling demand and sales activity, The Wall Street Journal reported on…
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What Will the Federal Reserve Do Now?
In June 2022, when the annual inflation rate peaked at 9.1%, the Federal Reserve began to raise interest rates. The…
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Biden Could Dip Into Already-Depleted Oil Stockpile Again As Election Looms
The Biden administration is open to releasing more oil from the Strategic Petroleum Reserve (SPR) if prices rise in the…
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Legal Abuses Are Costing Americans Billions
Inflation and supply chain disruptions are two of the most often discussed economic woes facing the American economy, but another…
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