Money & The Economy
News on Finance, Money, markets and the economy
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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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Jobless Claims Jump To 207,000, Higher Than Anticipated
The number of Americans who filed new unemployment claims increased to 207,000 in the week ending Jan. 1 as workers…
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Top Clinton Economist Labels Biden Administration’s Proposal to Curb Inflation ‘Science Denial’
We at FEE have been discussing recent inflationary trends since May of this year. Unfortunately, it took experts several months…
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Private Job Growth Surges In December, Doubling Expectations
Private firms’ payrolls increased by 807,000 in December, more than doubling expectations as COVID-19 cases rise, according to a major…
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Ford To Double Electric Truck Production On High Demand
Ford will nearly double its production capacity of electric F-150 Lightning trucks to meet “soaring” demand, the company announced Tuesday.…
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Toyota Smashes GM’s 90-Year Streak As Top US Car Seller
Japanese automaker Toyota overtook General Motors in 2021 as the top car seller in the U.S., breaking the American manufacturer’s…
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