Money & The Economy
News on Finance, Money, markets and the economy
-
November Job Numbers Puzzling, but Economic Growth is Strong
The recently released November jobs report, gave some very puzzling and inconsistent information. The Bureau of Labor Statistics said that while…
Read More » -
Fed To Pivot Away From Pandemic Era Stimulus as Unemployment Falls, Inflation Soars
The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and…
Read More » -
Yellen and Powell finally agree that today’s inflation is not transitory
Federal Reserve Chairman Jerome Powell testified in Congress. He said that the inflation we are experiencing today is not transitory. Rather, he…
Read More » -
AARP Rakes In Record Profits Selling Brand Royalties While Overcharging Members
The American Association of Retired Persons (AARP) raked in massive profits in 2020, mostly from royalties on branded health insurance…
Read More » -
‘Not Even Close’ To Seeing Light At The End Of The Tunnel With Inflation
Chris Markowski, the host of “Watchdog on Wall Street,” sat down with the Daily Caller News Foundation’s Samantha Renck to…
Read More » -
In a Hot M&A Market, Not All Combinations Are Winners
2021 has been a banner year for mergers and acquisitions. According to some estimates, M&A deals increased 158% in 2021 to…
Read More » -
Bidenomics: Almost Half Of All Americans Say Inflation Caused Them Financial Hardship
Almost half of Americans said soaring prices created some form of financial hardship for their households, while 10% reported that…
Read More » -
November Jobs Report Is One of the Worst Since Biden Took Office
The U.S. economy added 210,000 jobs in November, marking nearly the lowest number of jobs created in a month since…
Read More » -
Biden Effect: Energy Firm Abandons Oregon Pipeline Project After Years of Regulatory Pushback
Canadian energy firm Pembina Pipeline Corp. pulled the plug on a years-long project that would have led to greater natural…
Read More » -
Jobless Claims Increase in a Tight Labor Market
The number of Americans who filed new unemployment claims totaled 220,000 in the week ending on Nov. 27 as employers…
Read More » -
Coffee Prices Explode To 10-Year Highs That Could Last For Years
Coffee prices soared to a 10-year high on Monday, with experts projecting the high costs to last well into 2023,…
Read More » -
Cyber Monday Sales Drop For First Time Ever
Cyber Monday online sales dropped for the first time ever as consumers experienced fewer discounts and began their holiday shopping…
Read More » -
Fed Chair Says Omicron Variant Will Prolong Inflation Worries, Supply Chain Issues
The emergence of the Omicron coronavirus variant poses risks related to growing inflation concerns, supply chain bottlenecks and a recovering…
Read More » -
Nissan To Invest Billions In Battery Powered Cars As Companies Push For More EV Production
Nissan Motor Corporation announced a long-term plan to add multiple battery-powered vehicles to its portfolio on Monday. The Japanese car…
Read More » -
Labor Board Orders New Union Election At Amazon Warehouse
The National Labor Relations Board (NLRB) ordered a new unionization election at an Amazon warehouse in Alabama, ruling that the…
Read More »
