Money & The Economy
News on Finance, Money, markets and the economy
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Tort litigation costly to business and consumers
American business is suffering under a torrent of tort litigation. According to one estimate from the U.S. Chamber Institute for…
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‘Stop Complaining’: WaPo Personal Finance Adviser Dismisses Americans Suffering From Inflation
A Washington Post columnist told Americans to “stop complaining” about the effects of inflation while on MSNBC Wednesday. “You got…
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The Energy Crisis Is Hitting The Most Vulnerable Americans The Hardest. Here’s How
Skyrocketing energy costs have hit vulnerable communities the hardest as energy insecurity reduces access to quality education, food, medicine and…
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Why High Gas Prices Are a Signal of (More) Inflation to Come
Where I grew up in northern Minnesota, it’s easy to see the impact that economic hard times leave on disadvantaged…
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Housing affordability hits 15-year low as prices, mortgage rates rise
Mortgage payments are higher than rent in 45 of the 50 largest U.S. metros, up from 22 in 2019.Price appreciation…
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Yellen wrong again. Recession is inevitable and may be here now
A couple of weeks ago, Secretary of the Treasury Janet Yellen admitted she was wrong last year when she said…
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Environmental Groups Sue Biden To Vacate Oil And Gas Permits As Gas Climbs Over $5 Per Gallon
Three environmental law groups are suing the Biden administration to vacate more than 3,500 oil and gas permits in Wyoming…
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Fed raises rates by 75 basis points. Here comes stagflation.
After more than a year of delay, the Federal Reserve finally looks like it is serious about reducing inflation. The…
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Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending
Massive inflation sparked by overspending by the Biden administration and the Federal Reserve’s delayed, and now hard-hitting, response have created…
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Business Leaders’ Economic Outlook Worsens: Survey
Fifty-two percent of CFOs view the current North American economy as good, a decrease from 64% in Q1. CFOs lowered…
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Tucker Carlson Guest Exposes How Wall Street Wokeness Is Making Inflation Way Worse
Utah State Treasurer Marlo Oaks told Fox News host Tucker Carlson Tuesday evening that “sustainable investing” on Wall Street helped…
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Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem
President Joe Biden wrote a letter Wednesday to oil industry executives, warning them he would take action if they don’t…
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4 In 10 U.S. Workers Considering A Job Change In The Second Half Of 2022
Money is the top motivator for making a move, Robert Half research showsMore than half of professionals considering a change plan to…
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Americans Have Less Than Half of Recommended Retirement Savings
The median amount Americans have saved for retirement is only $71,500, with baby boomers having just 39% of the recommended savings.…
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