Money & The Economy

Jobless Claims Remain Relatively Unchanged Indicating A Tightening Labor Market

The number of Americans who filed new unemployment claims dropped to 268,000 in the week ending Nov. 13 indicating a…

2 years ago

They Said Inflation Was transitory – Doesn’t look That Way

Economic advisers to former President Barack Obama recently criticized President Joe Biden’s spending policies and handling of growing inflation. “The…

2 years ago

The Fed Could End Inflation, But Experts Say Wall Street Would Hate It

The Federal Reserve’s decision to reduce its monthly bond purchases amid growing inflation has contributed to a surge in prices,…

2 years ago

JP Morgan Sues Tesla, Says Company Owes It $162 Million

Investment bank JP Morgan filed a complaint against Tesla late Monday alleging the electric car company owes the firm over…

2 years ago

Walmart Sales Surge, Inventory Remains Stocked Heading Into Holiday Season

Walmart reported higher sales in the third quarter of 2021 after the company raised prices and consumers continued to shop…

2 years ago

Retail Sales Grew In October As Shoppers Faced Higher Prices Entering The Holiday Season

U.S. retail sales increased in October as shoppers faced the largest price increase in 30 years entering the holiday season.…

2 years ago

Top Obama Economist Larry Summers Comes Out Swinging Against Biden Admin Over Inflation Surge

Former Treasury Secretary Larry Summers, who served as head of the National Economic Council during the Obama administration, recently slammed…

2 years ago

How Government Policy Can, and Should, End Inflation Now

The recently released Consumer Price Index (CPI) indicates that for the past year, overall prices have increased by a whopping…

2 years ago

Biden Blocks New Mexico Region Oil, Gas Leases at Request of Native American Tribes

The Biden administration banned new oil and gas leases on a large swath of federal lands in New Mexico after…

2 years ago

Granholm Says Biden ‘All Over’ Gas Prices, Can’t List a Single Policy

Secretary of Energy Jennifer Granholm said President Joe Biden is “all over” rising gasoline prices but failed to name a…

2 years ago