Money & The Economy

An Easy-to-understand Explanation for High Inflation and How to Fix It

Inflation has soared to a 40-year high, reaching 8.6 percent last month. While economists and government officials have given numerous…

2 years ago

Getting Worse: Grocery Store Prices to Skyrocket Even Higher

Food prices in the U.S. may get worse in the coming months as European Union countries predict a dismal wheat…

2 years ago

Inflation Soars to 8.6%. The Worst is Yet to Come.

The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for May. Consumer prices increased a whopping 1%. That raises…

2 years ago

CNBC’s Rick Santelli Flies Off the Handle, Hammers Biden’s Inflationary Energy Policies

CNBC editor Rick Santelli unloaded on the Biden administration on CNBC’s “Squawk Box” Friday morning, saying anti-fossil fuel policies helped…

2 years ago

SCORCHING: Inflation Hits New High at 8.6% in May, Worse than Expected

Americans feeling like their money didn't go far in May weren't just imagining it as inflation pushed higher than economists…

2 years ago

Shrinkflation: Products You’re Buying Are Getting Smaller—Even Though Prices Are Not

The rise in consumer prices has rightly received a great deal of attention, as inflation hovers around 40-year highs. Everyone…

2 years ago

Money Matters More than Time to Working Adults

Data reveals the expectations employees have of wages and raises amid inflation A new survey reveals thoughts on the reality…

2 years ago

New-Vehicle Prices Flirt with Record High in May

New-vehicle buyers are in an "over sticker" market, paying well above MSRP every month this yearWith low inventory and high…

2 years ago

U.S. Mortgage Lending Plummets as Recession Looms

Residential Lending Activity Down Annually by 32 PercentFastest Decline in Eight YearsNumber of New Loans Decreases for Fourth Straight QuarterRefinance…

2 years ago

Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices

A key Texas petroleum refinery that produces more than 200,000 barrels of fuel per day is facing a premature shutdown…

2 years ago