Money & The Economy
News on Finance, Money, markets and the economy
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Toyota To Build Billion Dollar Battery Plant In North Carolina Creating Almost 2,000 Jobs
Toyota announced plans on Monday to build a multi-billion dollar battery factory in North Carolina that is reported to create…
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November Job Numbers Puzzling, but Economic Growth is Strong
The recently released November jobs report, gave some very puzzling and inconsistent information. The Bureau of Labor Statistics said that while…
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Fed To Pivot Away From Pandemic Era Stimulus as Unemployment Falls, Inflation Soars
The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and…
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CEO Fires More Than 900 Employees On Video Conference
The chief executive of a New York City-based mortgage company laid off 900 employees Wednesday over a video conference call,…
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Yellen and Powell finally agree that today’s inflation is not transitory
Federal Reserve Chairman Jerome Powell testified in Congress. He said that the inflation we are experiencing today is not transitory. Rather, he…
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AARP Rakes In Record Profits Selling Brand Royalties While Overcharging Members
The American Association of Retired Persons (AARP) raked in massive profits in 2020, mostly from royalties on branded health insurance…
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‘Not Even Close’ To Seeing Light At The End Of The Tunnel With Inflation
Chris Markowski, the host of “Watchdog on Wall Street,” sat down with the Daily Caller News Foundation’s Samantha Renck to…
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In a Hot M&A Market, Not All Combinations Are Winners
2021 has been a banner year for mergers and acquisitions. According to some estimates, M&A deals increased 158% in 2021 to…
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Bidenomics: Almost Half Of All Americans Say Inflation Caused Them Financial Hardship
Almost half of Americans said soaring prices created some form of financial hardship for their households, while 10% reported that…
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November Jobs Report Is One of the Worst Since Biden Took Office
The U.S. economy added 210,000 jobs in November, marking nearly the lowest number of jobs created in a month since…
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Biden Effect: Energy Firm Abandons Oregon Pipeline Project After Years of Regulatory Pushback
Canadian energy firm Pembina Pipeline Corp. pulled the plug on a years-long project that would have led to greater natural…
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Jobless Claims Increase in a Tight Labor Market
The number of Americans who filed new unemployment claims totaled 220,000 in the week ending on Nov. 27 as employers…
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Coffee Prices Explode To 10-Year Highs That Could Last For Years
Coffee prices soared to a 10-year high on Monday, with experts projecting the high costs to last well into 2023,…
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Cyber Monday Sales Drop For First Time Ever
Cyber Monday online sales dropped for the first time ever as consumers experienced fewer discounts and began their holiday shopping…
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Fed Chair Says Omicron Variant Will Prolong Inflation Worries, Supply Chain Issues
The emergence of the Omicron coronavirus variant poses risks related to growing inflation concerns, supply chain bottlenecks and a recovering…
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