Money & The Economy
News on Finance, Money, markets and the economy
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US Stocks Tumble After Inflation Comes In Above Expectations
Major U.S. stock indexes finished the day Tuesday with huge losses as investors reacted to inflation data that cast doubt…
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Everything You Need To Know About The Potentially Seismic Sale Of US Steel
The potential sale of one of America’s largest domestic steel producers, U.S. Steel, has raised eyebrows among lawmakers in key…
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Credit Card Debt Indicative of Inflation Psychology
When the Federal Reserve paused its interest rate increases last September, I worried that it stopped raising rates too soon.…
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Here’s The Domino That Could Kickstart Another Banking Crisis
Smaller banks hold a disproportionate amount of commercial real estate loans compared to all other loans, according to data from…
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One Major Manufacturer Resisted EV Mania. Now, It’s Raking In The Cash While Competitors Take Losses
Toyota drew activist criticism when it did not quickly embrace electric vehicles (EVs) like many of its major competitors, but…
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Boeing Pauses Deliveries For Dozens Of Planes Due To Newly Discovered Issues
Boeing said in a memo to staff on Sunday that a supplier’s employee found misdrilled holes on some fuselages for…
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Latest Data Indicates No Rate Cuts Anytime Soon
Most Americans – including most of those on Wall Street – believe that the Federal Reserve will cut interest rates…
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Full-Time Work Is Being Replaced By Part-Time Jobs As Americans And Businesses Struggle
Since June 2023, Americans have been increasingly employed in part-time positions, with a subsequent decline in full-time work, according to…
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One Missing Line From The Fed’s Big Statement Could Spell Trouble For The Economy
The Federal Reserve excluded one key line from its Wednesday interest rate decision announcement, indicating possible trouble in the ailing…
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Economic Growth Is Strong. Why? And What’s Next?
The Bureau of Economic Analysis recently announced that GDP growth in the fourth quarter of last year was 3.3%. That meant for…
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How to Avoid Credit Counseling Fraud
No sooner had I read the latest statistics on consumer debt in the U.S. (also known as household debt, credit…
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Two Senators Take on the Big Pharma Beast
A recent Pew Research poll confirms that the vast majority of Americans believe special interests and their campaign contributions dominate our political…
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Cloud Hangs Over Commercial Real Estate As Trillions In Debt Set To Come Due
Commercial real estate is facing a mountain of debt that many borrowers could have trouble refinancing due to a rapid…
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Blue State Manufacturing Sees Biggest Plunge Since Pandemic Lockdowns
The index for New York state’s general business conditions fell by 29 points to -43.7 for January, with a negative…
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Boeing Could Lose Huge Foreign Client Following Alaska Air Incident: REPORT
Boeing is having to once again delay its delivery of 737 MAX jets to China Southern Airlines, among other Chinese…
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