Money & The Economy
News on Finance, Money, markets and the economy
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Russia Announces Massive New Oil Cuts As Saudis Begin To Throttle Their Production
Russia announced on Monday that it will be cutting its oil production significantly, a move that comes at a time…
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An After-College Financial Plan
Graduating from college is one of life’s most exhilarating events. Finishing my degree, walking the aisle in cap and gown…
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Powell Says Interest Rate Hike Is Coming, Despite Pause Last Week
Federal Reserve Chairman Jerome Powell said in a Wednesday statement that an increase in interest rates should be expected until…
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I’ve Got a Question on Withholding, People-Pleasers, Cosigning
As faithful readers know, my inbox fills up quickly. While it’s impossible to respond personally to each of your letters…
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Fed’s Pause Will Allow Inflation to Linger
Starting last June, I thought the Fed had it right and was fully prepared, as they said, to make price…
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A Good Speech Is a Terrible Thing to Waste
I wasn’t invited to give a graduation speech this spring. Still, I was prepared, and since a good speech is…
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Labor Market Flashes ‘Reliable’ Recession Warning
U.S. employees are working fewer hours, which is a reliable predictor of mass layoffs, as companies brace for an economic…
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Here’s How Much The Right’s Boycotts Are Costing Brands That Went Woke
Major brands like Anheuser-Busch, Target and Kohl’s have collectively taken $28 billion in losses following boycotts over their decision to…
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AT&T Closes Downtown Flagship Store In San Francisco
Telecommunications provider AT&T announced it would be closing its flagship store in San Francisco. The retail giant announced the closure…
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Is the Unemployment Rate a Deceptive Statistic?
This week for Ask an Economist, I have a question from retired CPA, Nicholas G. He asks, “why is so…
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Inflation is tame in May, but likely to accelerate. Fed must raise rates again.
According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…
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Launching a New Business This Summer? 9 Things to Consider
Start Up Business Launch Success Device Browsing Concept The summer season can be an excellent time to launch a new…
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The debt ceiling bill shows the country is moving back to the center
Since the 1950s, the US majority was generally moderate and leaning slightly to the right (conservative). That changed in 2008.…
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An Economic Ticking Time Bomb Could Go Off In The Middle Of The 2024 Election
About $1.5 trillion in commercial real estate mortgages will come due over the next two years, spelling a major risk…
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‘Much Worse Than Expected’: CNBC Anchor Points Out Key Jobs Data Hinting At Possible Recession
CNBC anchor Kelly Evans reacted to a jobs report released Friday by saying the unexpectedly high unemployment rate increase may…
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