Money & The Economy

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…

1 year 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…

1 year 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…

1 year 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…

1 year 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…

1 year ago

Here’s How Much The Latest Bank Failure Will Cost The Feds — And How Americans Could Foot The Bill

The federal government is shelling out $13 billion to take over and sell First Republic Bank to JPMorgan Chase after…

1 year ago

Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints

Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies to determine whether they discriminate against certain…

1 year ago

‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water On Biden’s Economic Optimism

President Joe Biden expressed hopefulness about the economy following a dismal GDP report on Thursday, but Wall Street executives are…

1 year ago

How to Make a Budget in Just a Few Easy Steps

One of the common mistakes people make is thinking that economics is the same thing as finance. Many economics professors…

1 year ago

First Quarter 1.1% GDP Growth Points to a Recession

According to the Bureau of Economic Analysis, GDP growth in the first quarter of this year was 1.1%. That’s a…

1 year ago