Money & The Economy

Miami Has Its Own Cryptocurrency And Wants To Start Paying Citizens In Bitcoin

Miami will soon start paying its citizens in Bitcoin, the city’s mayor, Francis Suarez, announced Thursday. “We’re going to be…

2 years ago

Real Wages Declined 0.5% in October Amid Mounting Inflation

Wages rose 0.4 percent in October. That’s good news, right? Not so fast.  New inflation data reveal that despite nominal…

2 years ago

Elon Musk Dumps $5 Billion In Tesla Stock

Tesla chief executive Elon Musk sold about $5 billion worth of shares in the electric car company this week, days…

2 years ago

Bidenomics: Inflation Surges To Highest Level In 30 Years

The Consumer Price Index increased 0.9% in October, bringing the key inflation indicator’s year-over-year increase to 6.2% as supply shortages…

2 years ago

Weekly Jobless Claims Drop To New Pandemic Low

The number of Americans who filed new unemployment claims decreased to 267,000 in the week ending Nov. 6 as the…

2 years ago

How One Entrepreneur is Banking on the ‘5th Revolution’ with GeniusU

You’ve probably heard about the “metaverse.” Facebook CEO Mark Zuckerberg is banking big on it. He’s not the only one. You can…

2 years ago

Fed Action, Job Report, Infrastructure- a little more growth, a lot more inflation

What a week we just had. It started with the American electorate soundly rejecting the policies of the people currently…

2 years ago

General Electric To Split Itself Into Three Companies

General Electric announced plans Tuesday to split itself into three separate companies in the aviation, healthcare and energy sectors. The…

2 years ago

Inflation Increases At Record Rate For Second Month In A Row

The Producer Price Index (PPI), which measures inflation at the wholesale level, rose 8.6% year-over-year as of October, growing at…

2 years ago

Is It Just Me Or Is It Cold in Here?

These easy tips could cut your fuel consumption by 20% or more, and none requires more than 30 minutes of…

2 years ago