Money & The Economy

Labor Market Remains Tight As Unemployment Ticks Up

The U.S. added 315,000 jobs in August, as unemployment rose slightly to 3.7%, according to data released by the Department…

2 years ago

Job Growth Slowed for Second Straight Month in August Missing Expectations

Signaling the continued slowing of the U.S. economy, employers reduced the number of jobs they offered by 50% in August…

2 years ago

Paycheck 101: A College Grad’s Guide for How to Manage a Paycheck

There you are, a college graduate with your newly minted degree in one hand and a new job in the…

2 years ago

The ‘New Normal’ For Restaurants Is Being Understaffed

Restaurant chains across the nation are settling into the idea that they will be understaffed for the foreseeable future and…

2 years ago

‘Far Greater Pain’: Jerome Powell Issues Grim Prediction On Reining In Inflation

The Federal Reserve will not stop interest rate raises designed to combat inflation even if the policy leads to damages…

2 years ago

Revised GDP Numbers Show The Economy Is Definitely Shrinking

The Department Of Commerce revised the estimate of Gross Domestic Product (GDP) Thursday morning, finding similarly to July’s estimate that…

2 years ago

Fashion Retailers Are The Latest To Feel The Squeeze

Nordstrom and Macy’s reported their second-quarter earnings Tuesday, with the two fashion retail giants joining retailers such as Walmart, Best…

2 years ago

ENERGY CRISIS: Millions Of Americans Can No Longer Afford To Pay Their Utility Bills

At least 20 million American households, or one out of every six homes, are behind on their electricity bills as…

2 years ago

Businesses Make More Cuts In August, Signaling An Increasingly Weakening Economy

Preliminary data from S&P’s Purchasing Managers’ Index, a prominent measure of business activity, indicates that U.S. businesses are cutting activity…

2 years ago

Natural Gas Prices Hit 14-Year-High After Biden Signs Dems’ Climate Bill Into Law

The price of U.S. natural gas futures reached its highest point since 2008 as gas demand continues to spike amid…

2 years ago