Money & The Economy
News on Finance, Money, markets and the economy
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Regulators Crack Down On Crypto Company Audits After FTX Scandal
The U.S. Securities and Exchange Commission is increasing scrutiny on firms conducting audits for cryptocurrency exchanges, due to the risk…
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Home Sales Plunge In November As Housing Market Cracks Under High Prices
Sales of existing homes fell severely in November, but prices remained elevated compared to one year ago as demand for…
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Digital Marketing for Your Small Business: Getting More from Your Strategy
Running a business in the modern world means that there is no getting away from investing in digital marketing. Today,…
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Homelessness Hits 8-Year High
Homelessness in the U.S. reached an eight-year high in 2022, according to the U.S Department of Housing and Urban Development…
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Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers
Goldman Sachs is planning to cut thousands of employees and potentially eliminate bonuses for underperformers, as the struggling investment titan…
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‘He Has No Real Credibility’: Steve Forbes Says Fed Chair Powell Will Be ‘Late’ To Fighting ‘Unnecessary Recession’
Former presidential candidate Steve Forbes lambasted Federal Reserve Chairman Jerome Powell over the economy Thursday, saying Powell would be “late”…
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The Fed’s Slowed, But Aggressive, Sixth Hike Closes A Historic 2022
The Federal Reserve announced a hike of 0.5 percentage points, or 50 basis points, to the baseline federal funds rate…
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Inflation Falls in November. Let’s See How the Fed Reacts.
The Bureau of Labor Statistics just released the Consumer Price Index change for the month of November. The monthly increase…
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US Deficit Hits Nearly $250 Billion, Smashing November Record
The U.S. federal budget deficit set a record for the month of November, jumping $57 billion from the same month…
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Global Automaker Recalls 1.23 Million Trucks
A global manufacturer announced a voluntary recalling of 1.23 million Ram pickup trucks over concerns that the tailgate latching mechanism does…
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Key Inflation Metric Shows High Prices Aren’t Going Anywhere Just Yet
Wholesale prices beat expectations in November, a sign that inflation might not fall as quickly or steeply as previously hoped,…
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5 Easy Steps for Improving Your Credit Score
Having a low credit score can have a detrimental effect on finances and the ability to utilize credit for moving…
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In the Economic Data, Good News Is Bad News
The government just reported that third quarter gross domestic product (GDP) growth was revised upward to 2.9%. That’s solid growth…
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Sticky Situations: Bankrupt Mortgage Lender and a $10,000 Engagement Ring
Dear Mary: I just read that that the company that holds my home mortgage is under investigation by the feds…
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Fed Funds Rate Must Reach at Least 6% to Curb Inflation
Since June, the Federal Reserve has raised interest by 75 basis points four times. In recent history, this is an…
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