Money & The Economy
News on Finance, Money, markets and the economy
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Retail Sales Plummet As Inflation, COVID-19 Concerns Rise
U.S. retail sales decreased by 1.9% in December 2021 as inflation and Omicron coronavirus variant cases soared, marking a sharp…
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Majority Of Small Businesses Oppose Biden Vaccine Mandate
Most American small businesses say they oppose President Joe Biden’s employee vaccine mandate, and they say the rule will make…
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Another Key Inflation Indicator Surges To Record High In 2021
The Producer Price Index (PPI), which measures inflation at the wholesale level, surged to 9.7% on a year-over-year basis as…
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Jobless Claims Increase To 230,000
The number of Americans who filed for new unemployment claims increased to 230,000 in the week ending Jan. 8 as…
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Shockingly Irresponsible Fed Policy Led to 7% Inflation
The US Bureau of Labor Statistics just released the Consumer Price Index (CPI) increase for the month of December. The 0.5% increase…
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Bidenomics: ‘Transitory’ Inflation Soars to Highest Level Since 1982
The Consumer Price Index (CPI) increased 0.5% in December, bringing the key inflation indicator’s year-over-year increase to 7%, the U.S.…
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Chamber Of Commerce Chief Suggests Doubling Legal Immigration To Fill 11 Million Vacant Jobs
The chief executive of the U.S. Chamber of Commerce said at a conference Tuesday that to address the record high…
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U.S. Households Owe More Than $15 Trillion in Debt
New study finds revolving credit card balances are declining, while mortgage and student loans debt is on the rise. A…
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SEC To Crack Down On Private Companies, Heighten Disclosure Requirements
The Securities and Exchange Commission (SEC) plans to crack down on private companies, forcing them to disclose financial and operation…
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Here’s Where First-Time Homebuyers Have the Best Chance at Success
With 2022 shaping up to be another challenging year for hopeful homebuyers, economists ran the numbers to find the best markets for people…
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Details come out from the Fed on largest bank bailout in history in 2019 but media is ignoring it
Pam and Russ Martens have been detailing the massive bank bailouts under the repo market that took place in 2019…
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Tech Hiring Accelerates as National Employment Growth Slows
Technology-related employment and hiring opportunities continue to expand, according to an analysis by CompTIA. December’s technology employment gains bucked the generally…
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December Jobs Report is Horrific, But Not For the Reason You Might Think
Sure, the headline number in the December jobs report is terrible, but it’s not the number alone that signals a…
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Trade Deficit Hits Record As Demand For Imports Soars
The U.S. trade deficit soared to a record high in November as consumer demand for goods and the easing of…
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These 84 Places in America Are Raising Their Minimum Wages to Ring in the New Year
Two years into the COVID-19 pandemic, small businesses across the country are still struggling under the weight of government restrictions…
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