Money & The Economy
News on Finance, Money, markets and the economy
-
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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.…
Read More » -
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…
Read More » -
‘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…
Read More » -
The Debt Deal Can and Should Be Passed by Congress
House Speaker Kevin McCarthy and President Biden just announced that they have reached a deal to raise the debt ceiling.…
Read More » -
Six Common Money Blunders
I could be wrong, but I’m going to guess you’ve made a money blunder or two in your life. For…
Read More » -
Smoke at the Pentagon? Why D.C. must address market manipulation
New images of smoke billowing from the Pentagon, reportedly from an explosion, sent the stock market into a panic this past week.…
Read More » -
Are You Financially Literate? Answer These 5 Questions to Find Out
“Money is a very powerful thing, which you hardly notice when it goes right, but which can create havoc when…
Read More » -
Why Does the Federal Reserve Target 2% Inflation?
This week I have a question from Eugene from Missouri about the Federal Reserve. He asks, “we often read that…
Read More »