Money & The Economy
News on Finance, Money, markets and the economy
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Silicon Valley Bank Parent Company Files For Bankruptcy
SVB Financial Group, the parent company for California tech lender Silicon Valley Bank (SVB), filed for Chapter 11 bankruptcy protection…
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Why Depreciation Is The Biggest Perk Of Real Estate Investing?
Image: https://cdn.pixabay.com/photo/2017/08/30/07/56/money-2696229_960_720.jpg Real estate investing has been a popular way for people to build wealth for generations. While there are…
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Americans Tighten Their Belts Even More As Inflation And Uncertainty Persist
After a surprisingly strong start to the year, persistently high inflation and uncertainty regarding forthcoming interest rate hikes resulted in…
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Is Eggflation Finally Coming To An End?
Egg prices fell in February for the first time in five months after more than doubling over the course of…
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‘Major Problem’: Investing Guru Raises Serious Concerns Over Future Of American Economy
Founder of Icahn Enterprises Carl Icahn said that the American economy had a “major problem” Tuesday following the collapse of…
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Financial Ratings Giant Issues Chilling Prediction For Entire Banking Industry
Moody’s Investor Service changed its view on the entire banking system from stable to negative Monday following the collapse of…
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Inflation, Still Sky-High, Slightly Cools As Fed Weighs More Rate Hikes
Prices grew 0.4% on a monthly basis in February, falling slightly from January, the Bureau of Labor Statistics (BLS) reported…
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Concerns Over Inflation Among Small Business Owners Returns To Near Record High, Poll Shows
Concerns over inflation among small business owners have returned to a near record high, according to a Job Creator’s Network…
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Biden’s Proposed 2024 Budget Will Lead to Severe Stagflation
President Biden has proposed a budget for fiscal 2024 that increases government spending by 10% while raising $5 trillion in…
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Biden bureaucrats may exacerbate supply chain woes
For the past several years the broken supply chain has been foremost on the minds of American voters. As an…
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DUH: Investors More Likely to View Female Execs as ‘Tokens’ When Companies Use Gender Quotas
The University of Nevada, Reno (UNR) College of Business researchers found that women are viewed more as “tokens” in the…
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JetBlue Hit With DOJ Antitrust Lawsuit Over Spirit Airlines Merger
The Department of Justice (DOJ) filed an antitrust lawsuit against JetBlue on Tuesday to prevent a planned merger with Spirit…
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Jerome Powell Says Fed Is Ready To Hike Interest Rates Quicker Than Anticipated
Federal Reserve Chair Jerome Powell said during testimony to the Senate Banking Committee Tuesday that, due to an unexpectedly strong…
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Home Sellers Retreat From the Market, Increasing Shortages and Buoying Home Prices
Collateral Analytics data from Black Knight showed January marking the fourth consecutive month of declines in for-sale inventory on a…
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