Money & The Economy
News on Finance, Money, markets and the economy
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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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New Bank Regulations Will Hurt Small Businesses And Middle-Class Borrowers The Most
The rapid succession of bank failures last spring clearly spooked federal regulators at the FDIC, the Federal Reserve Board, and…
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Inflation Rises to 3.4%,Likely to Go Higher
The Bureau of Labor Statistics just released the inflation data for December 2023. The Consumer Price Index increased by 0.3%…
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Consumers Are Right To Think Biden’s Economy Is In Bad Shape, Experts Say
The Biden administration and the media insist that the economy is doing well, with claims of big job growth and…
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Bidenomics Keeping US Economy Off Balance
The free market system, when left alone, will always reach a balance. Individual markets end up with a fair price…
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Oil Giant Announces Massive Losses Due to California’s Extreme Policies
Chevron announced Tuesday that it is anticipating up to $4 billion in asset value reductions for its 2023 fourth-quarter results,…
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Two Strategies for Making Better Financial Choices in 2024
The Aesop Fable known as The Ant and the Grasshopper offers a profound commentary on life and work. Its moral…
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Americans’ Finances Took A Beating In 2023 Amidst Persistent Inflation And High Interest Rates
Americans are struggling economically going into 2024, as harsh economic conditions in 2023 drained savings accounts, with factors like ever-rising…
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Automakers Are Flush With Cash, But Investors Not Optimistic As Electric Vehicle Sales Struggle
Top automakers are flushed with cash after a profitable year, but investors are skittish about buying in as poor electric vehicle…
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Holiday Sales Growth Slows As Americans Reel From High Inflation
U.S. retail sales from Nov. 1 to Dec. 24 grew only 3.1%, matching inflation and indicating that consumers are feeling…
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Majority Of Small Businesses Not Seeing Holiday Bump As Consumers Run Out Of Cash
In a poll of small business owners, 76% said that they had not seen an increase in sales during the…
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If Inflation Increases, Forget About Interest Rate Cuts
Recently, Federal Reserve chair Jerome Powell said that with the inflation rate falling and the labor market cooling, interest rates…
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Secretary Yellen Looks to Be Wrong Again
Treasury Secretary Janet Yellen recently talked about the progress that the Biden administration and the Federal Reserve have made toward…
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