Money & The Economy

Top Wall Street Economist Delivers Grim Prediction On Future Recession

Andrew Hollenhorst, chief U.S. economist at Citi, predicted on CNBC Thursday that the American economy is headed for a recession,…

2 months ago

America’s Job Gains Reaped Largely By Immigrants, Analysis Finds

The number of immigrants working in the United States increased over the past four years while the number of working…

2 months ago

Retail Sales Decline In January As Americans’ Economic Woes Persist

Consumers cut back on retail spending in January as factors like inflation and high credit card debt weighed on Americans,…

2 months ago

Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever?

The Bureau of Labor Statistics announced on Tuesday that inflation increased at a 3.1% annualized rate in January, despite widespread…

2 months ago

Rich Investors Are Scooping Up Cheap Property As Commercial Real Estate Sector Suffers

Investors flush with cash are looking to buy up commercial real estate properties that developers are putting on the market…

2 months ago

US Stocks Tumble After Inflation Comes In Above Expectations

Major U.S. stock indexes finished the day Tuesday with huge losses as investors reacted to inflation data that cast doubt…

2 months ago

Everything You Need To Know About The Potentially Seismic Sale Of US Steel

The potential sale of one of America’s largest domestic steel producers, U.S. Steel, has raised eyebrows among lawmakers in key…

3 months ago

Credit Card Debt Indicative of Inflation Psychology

When the Federal Reserve paused its interest rate increases last September, I worried that it stopped raising rates too soon.…

3 months ago

Here’s The Domino That Could Kickstart Another Banking Crisis

Smaller banks hold a disproportionate amount of commercial real estate loans compared to all other loans, according to data from…

3 months ago

One Major Manufacturer Resisted EV Mania. Now, It’s Raking In The Cash While Competitors Take Losses

Toyota drew activist criticism when it did not quickly embrace electric vehicles (EVs) like many of its major competitors, but…

3 months ago