Money & The Economy

Smoke at the Pentagon? Why D.C. must address market manipulation

New images of smoke billowing from the Pentagon, reportedly from an explosion, sent the stock market into a panic this past week.…

11 months ago

Are You Financially Literate? Answer These 5 Questions to Find Out

“Money is a very powerful thing, which you hardly notice when it goes right, but which can create havoc when…

11 months ago

Why Does the Federal Reserve Target 2% Inflation?

This week I have a question from Eugene from Missouri about the Federal Reserve. He asks, “we often read that…

12 months ago

4.9% CPI Proves Fed Must Be More Forceful in Fighting Inflation

The Bureau of Labor Statistics just released the Consumer Price Index for April. The CPI increased by 0.4%, bringing the 12-month inflation…

12 months ago

How to Set Up an Automatic Payment Plan

Creditors, especially banks and credit card issuers, are unbelievably sensitive to whether you pay your bills on time. So is…

12 months ago

Biden’s Economy Hurtles Toward Recession With Latest Jobs Report

  Today’s jobs report shows the downward slide of the labor market continues, with the number of new jobs created…

12 months ago

‘You Should Be Worried’: Fox Business Reporter Warns That Over A Dozen Regional Banks Are ‘Very Impaired’

Fox Business reporter Charlie Gasparino said Thursday that multiple sources told him that over a dozen regional banks are “very…

12 months ago

Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis

The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…

12 months ago

Why the Federal Reserve Pays Interest to Your Bank—and You Get Nothing

I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on…

12 months ago

The Biden Admin Just Made America’s Biggest Bank Even Bigger

Federal Regulators made a deal with JPMorgan Chase to acquire First Republic Bank, allowing the biggest bank in the United…

12 months ago