Money & The Economy
News on Finance, Money, markets and the economy
-
IMF Projects Weaker Than Expected Global Economic Growth For US, China
The International Monetary Fund (IMF) cut its global economic growth forecast for 2022 on Tuesday, citing growing COVID-19 cases, supply…
Read More » -
It’s time for the Blue Dog Democrats to follow their principles
In the 1994 off-year election, the House of Representatives flipped from Democrat to Republican. After 40 years in the minority,…
Read More » -
General Electric Saw Decline In Sales Due To Supply Chain Problems
General Electric (GE) reported a disappointing fourth-quarter earnings report as the electricity giant pointed to continuing supply chain woes to…
Read More » -
Stock Markets Break Single-Day Record For Volatility
Stock markets broke their single-day record for volatility Monday, having the largest turnaround in 13 years, multiple sources reported. The…
Read More » -
Here’s How To Fight Inflation Without Destroying The American Worker
With the Federal Reserve’s first meeting of 2022 set for Wednesday, talk of surging inflation and how to deal with…
Read More » -
Biden Calls Inflation ‘a Great Asset’ Going into Mid-Term Elections
Perhaps President Biden was just saying the quiet part out loud when he said over a hot microphone that inflation…
Read More » -
Trump’s Entertainment Venture Outperforming All Similar Companies
Former President Donald Trump’s entertainment venture is currently outperforming all other special purpose acquisition companies (SPACs), according to a recent…
Read More » -
‘Modern Supply-Side Economics’ Will Exacerbate Inflation
Last year, the Federal Reserve officials said they were basing their shockingly irresponsible monetary policy on Modern Monetary Theory (MMT).…
Read More » -
Crypto Market Sees $130 Billion Sell-Off Over Last 24 Hours
The cryptocurrency market lost nearly $130 billion in value over the last 24 hours as major digital coins continue their…
Read More » -
Meatpacking industry is not the cause of higher meat prices. It’s government policy.
Contrary to President Biden’s comments that the meatpacking industry is causing inflation in the price of meat, exactly the opposite…
Read More » -
States See Revenues Surge From Tax Income and Federal Aid
Numerous states have seen their state revenue surge in 2021 fueled by a robust stock market, growing income, federal aid,…
Read More » -
Biden Effect: Farms Fail As Fertilizer Prices Soar
Soaring fertilizer prices across the globe have impacted farmers making it more expensive to produce food and forcing them to…
Read More » -
Intel To Invest $20 Billion In ‘Largest’ Chip-Making Plant ‘On The Planet’
Intel announced plans Friday to invest at least $20 billion in a semiconductor manufacturing “mega-site” as part of the company’s…
Read More » -
Home Sales Surged To 15-Year High In 2021
U.S. existing home sales soared to a 15-year high in 2021 fueled by low interest rates and remote work, which…
Read More » -
Biden’s Disingenuous Economic Analysis
During President Biden’s speech at the beginning of his recent press conference, he said a number of things that were…
Read More »