Money & The Economy

Biden Reportedly Plans To Regulate Crypto Over National Security Concerns

President Joe Biden is set to announce guidelines for regulating cryptocurrencies in the coming weeks, Barron’s reported. The initiative will…

2 years ago

Key Inflation Indicator Soars To Highest Level Since 1983

A key inflation gauge reached its highest level since 1983, the Commerce Department reported Friday. The core Personal Consumption Expenditures…

2 years ago

Jobless Claims Decrease in Tight Labor Market

The number of Americans who filed new unemployment claims decreased to 260,000 in the week ending Jan. 22 as the…

2 years ago

Federal Reserve Sticks To Rate Hike Schedule, Signals End To Asset Purchase Stimulus

The Federal Reserve will keep interest rates near zero, and it will begin its rate hike in mid-March, Federal Reserve…

2 years ago

Biden Admin to Release Millions of Barrels From Strategic Reserve to Combat Surging Gas Prices

The Department of Energy (DOE) announced Tuesday the release of millions of barrels of oil from the Strategic Petroleum Reserve…

2 years ago

IMF Projects Weaker Than Expected Global Economic Growth For US, China

The International Monetary Fund (IMF) cut its global economic growth forecast for 2022 on Tuesday, citing growing COVID-19 cases, supply…

2 years ago

It’s time for the Blue Dog Democrats to follow their principles

In the 1994 off-year election, the House of Representatives flipped from Democrat to Republican. After 40 years in the minority,…

2 years ago

General Electric Saw Decline In Sales Due To Supply Chain Problems

General Electric (GE) reported a disappointing fourth-quarter earnings report as the electricity giant pointed to continuing supply chain woes to…

2 years ago

Stock Markets Break Single-Day Record For Volatility

Stock markets broke their single-day record for volatility Monday, having the largest turnaround in 13 years, multiple sources reported. The…

2 years ago

Here’s How To Fight Inflation Without Destroying The American Worker

With the Federal Reserve’s first meeting of 2022 set for Wednesday, talk of surging inflation and how to deal with…

2 years ago