Money & The Economy

El Salvador Becomes First Country To Use Bitcoin As National Currency

El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, allowing Salvadorans to use the cryptocurrency to…

3 years ago

Fed Could Soon Lose Control Of Inflation Like In 1960s, Economic Historian Says

Prominent economic historian Niall Ferguson said current inflation could be in line with where it was in the 1960s during…

3 years ago

Biden Still Doesn’t Get It on Jobs, Business Growth, and Tax Impacts

According to the U.S. Bureau of Labor Statistics (BLS),  the U.S. economy added 235,000 jobs last month. This figure was…

3 years ago

GM To Shut Down Production At Most North American Plants Due To Chip Shortage

General Motors will shut down production at the majority of its North American plants for up to two weeks due…

3 years ago

Biden Effect: US Economy Added Just 235,000 Jobs In August, Way Short Of Economists’ Projections

“There’s no question that job growth of the first seven months this year has slowed down compared to the last…

3 years ago

‘Pro-Growth’: Democratic Colorado Gov Jared Polis Says He Favors Eliminating His State’s Income Tax

Democratic Colorado Gov. Jared Polis said he favors eliminating his state’s income tax during a conservative conference on Friday. Taxes…

3 years ago

Weekly Jobless Claims Sink To 340,000, Hit New Pandemic Low

The number of Americans filing new unemployment claims decreased to 340,000 last week as the economy struggles to recover from…

3 years ago

Private Companies Reported Far Fewer Hires Than Predicted In August: REPORT

Private firms’ payrolls increased by 374,000, far less than the 600,000 jobs economists had predicted would be added, according to…

3 years ago

Social Security To Run Dry by 2034, Earlier Than Expected

Social Security funds are expected to be depleted by 2034, a year earlier than projected, and the future of the…

3 years ago

Why Many in Sweden Have to Wait a Decade (or Longer) to Land an Apartment

Oscar Stark recently was warming up leftover vegetarian pasta in his flat, a red-brick 1960s tower outside Stockholm. Reheated veggie…

3 years ago