Money & The Economy
News on Finance, Money, markets and the economy
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‘No Question’: Worst is Yet to Come for Americans
Wells Fargo CEO Charles Scharf issued a dire warning on the prospects for the American economy earlier this week. During…
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National Rents Hit their 14th Straight Month of Record-Highs
The majority of renters report that rental costs are their biggest financial strain and barrier to putting aside savings New…
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Bidenomics: Business Confidence Declined Sharply in Second Quarter
Confidence Dropped to Levels Not Seen Since the Start of COVID Business leader confidence declined for the fourth consecutive quarter…
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California Becomes First State To Ever Record Average Gas Price Of $6 A Gallon
California became the first state Tuesday to ever record an average gasoline price above $6 per gallon amid the ongoing…
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From $2.30 to $6 in 16 Months: US Will Soon See $6 Average Gas Prices
The average price of gasoline nationwide could reach $6 per gallon this summer, far above historic levels and near California’s…
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Big Business Wins Again: Biden Climate Rules Will Hurt Small Companies Most
America’s top financial regulator issued climate disclosure rules that are more burdensome for smaller companies than large companies, according to…
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Economists on Dem Gas Price Controls: ‘Can’t Believe They’re Dumb Enough To Do This’
Several economists slammed a Democratic proposal making its way through Congress that would enable energy price controls amid record high…
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Massive Automaker’s New EV Plant In America Will Produce Gas Cars: REPORT
South Korea-based automaker Hyundai is set to announce a new $7 billion electric vehicle (EV) manufacturing plant in the U.S.…
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Inflation Pauses — But Will Get Even Hotter This Summer
The Bureau of Labor Statistics released the inflation report for the month of April on its Consumer Price Index (CPI), showing it…
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Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL
Small business owners are increasingly pessimistic about U.S. economic conditions and overwhelmingly support an expansion of domestic fossil fuel infrastructure,…
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Supply Chain Crisis 2.0: Diesel Stockpiles Rapidly Dwindling, Fuel Rationing on Horizon
American diesel stockpiles have been depleted while prices have surged to record highs, leading to higher prices for consumers. “I…
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The 1.7 million workers hired in the first quarter produced negative output
Initially, the number released for economic activity in the first quarter of this year did not make sense. Total employment…
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10 Bad Habits That Are Not Good For Your Car
Bad habits can be hard to shake. This is especially true when it comes to driving. Depending on how many…
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Inflation Runs Rampant as Biden Skirts Blame On Rising Costs
Inflation eased in April, but still surged 8.3% year-over-year, a pace far above historic levels, according to a Department of…
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Severance Pay is Subject to FICA Taxes
Losing a job is a fraught experience, to say the least. During those early weeks and months, whether your severance…
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