Money & The Economy

Energy Costs Rise Most in Eight Northeastern States, California and Illinois

New Study Finds Energy Cost Increases From $623 to $2,682 per year from 2020 – 2022 A new study released today documents state-level homeowner…

2 years ago

Inflation Cuts Into Paychecks as Functional Unemployment Inches Upward for July

Rising prices and workers moving to involuntary part-time status impact living-wage jobs Even though government-reported statistics show inflation easing and…

2 years ago

Home Prices Inched Down in July While Sales Dropped and Inventory Grew

A double-digit drop in home sales from June to July fueled a double-digit increase in homes for sale, triggering the…

2 years ago

Recession Temporarily Slows Inflation. Proper Action Needed Now.

Inflation fell in July mostly because of the current recession in many of the world’s economies, including the U.S. and…

2 years ago

Activist Investment Firm Pushes California Oil And Gas Producer To Curb Oil And Gas Production

Kimmeridge Energy Management Company, an energy investment firm focused on advancing net zero emissions targets, owns a stake in California…

2 years ago

Small Business Optimism Remains Near Record Lows

Small business optimism remains near record lows, as small business owners believe that inflation, supply chain problems and tax increases…

2 years ago

Anti-ESG Fund Rakes In Millions After Two Days On The Market

Strive Asset Management’s anti-activist, energy exchange-traded fund (ETF) raked in over $60 million in funds in its first two days…

2 years ago

EV Maker Rivian Reports Huge Losses Due To Inflation, Supply Chain

Rivian Automotive, an electric vehicle (EV) startup, reported on Thursday that its second-quarter net losses nearly tripled to $1.7 billion…

2 years ago

Welcome to the full employment recession

The economy has just seen two successive quarters of negative growth in Gross Domestic Product (GDP).  That means we are…

2 years ago

Inflation, Gas Prices Make Even Walmart Too Expensive As Foot Traffic Nosedives

Many Walmart shoppers who moved to more local budget options like dollar stores or Aldi when gas prices surged have…

2 years ago