Money & The Economy
News on Finance, Money, markets and the economy
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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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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.…
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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…
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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.…
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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…
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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…
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4.9% CPI Proves Fed Must Be More Forceful in Fighting Inflation
The Bureau of Labor Statistics just released the Consumer Price Index for April. The CPI increased by 0.4%, bringing the 12-month inflation…
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How to Set Up an Automatic Payment Plan
Creditors, especially banks and credit card issuers, are unbelievably sensitive to whether you pay your bills on time. So is…
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Biden’s Economy Hurtles Toward Recession With Latest Jobs Report
Today’s jobs report shows the downward slide of the labor market continues, with the number of new jobs created…
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‘You Should Be Worried’: Fox Business Reporter Warns That Over A Dozen Regional Banks Are ‘Very Impaired’
Fox Business reporter Charlie Gasparino said Thursday that multiple sources told him that over a dozen regional banks are “very…
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Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis
The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…
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