Money & The Economy
News on Finance, Money, markets and the economy
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Jobless Claims Drop By 71,000, Far Exceeding Experts Projections
The number of Americans who filed new unemployment claims decreased to 199,000 in the week ending on Nov. 20, reaching…
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Twin Cities Saw Massive Decline in Restaurant Jobs After Passing Minimum Wage Increase, New Fed Paper Shows
St. Paul restaurants and retailers began cutting jobs and reducing hours even before the city’s new minimum wage went into…
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Dollar Tree Says It’s Raising Prices For The First Time In 35 Years Amid Surging Inflation
Dollar Tree announced Tuesday it is raising its prices, bringing the cost of its products over one dollar for the…
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Bidenflation: Cereal Giant To Raise Prices Next Year, Making Cheerios And Other Foods More Expensive
Another cereal giant will increase prices for many of its popular brands earlier than expected, according to CNN. General Mills…
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Elizabeth Warren Just Blamed High Gas Prices on Corporate Greed. Here’s Why That Doesn’t Make Any Sense
Americans are feeling the impact of inflation on their wallets, especially at the pump. The latest inflation data show a…
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‘Build Back Better’: The Most Counter-Productive Tax Bill Ever
The House of Representatives has just passed the largest tax and spend bill in history. The bill calls for about $2.2 trillion…
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US Home Sales Continued To Grow In October As Housing Market Remains Hot
Home sales in the U.S. grew in October as buyers continue to enter a hot market, according to the National…
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15 States Vow To Protect Oil, Gas Industry From ‘Woke’ Banks
A coalition of 15 states announced a commitment to scrutinize future business with banks that divest from the fossil fuel…
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Target To Permanently Close All Stores For Thanksgiving
Target will permanently close all stores for Thanksgiving heading into the holiday shopping season, multiple sources reported. Retailers were forced…
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CNN Says Biden Is To Thank For Falling Gas Prices Days After Saying It Was Out Of His Control
CNN applauded President Joe Biden for declining oil prices on Friday, just 10 days after reporting that prices were out of…
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Lawmakers Scramble To Fix ‘Devastating’ Tax Reporting Provisions In Infrastructure Bill
Lawmakers are working to fix several digital asset reporting provisions opposed by the cryptocurrency industry included in the Infrastructure Investment…
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John Deere Workers Agree To New Contract After Month Long Strike
Workers at John Deere agreed to a six-year contract Wednesday, ending a strike that lasted over a month. The United…
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Jobless Claims Remain Relatively Unchanged Indicating A Tightening Labor Market
The number of Americans who filed new unemployment claims dropped to 268,000 in the week ending Nov. 13 indicating a…
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They Said Inflation Was transitory – Doesn’t look That Way
Economic advisers to former President Barack Obama recently criticized President Joe Biden’s spending policies and handling of growing inflation. “The…
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The Fed Could End Inflation, But Experts Say Wall Street Would Hate It
The Federal Reserve’s decision to reduce its monthly bond purchases amid growing inflation has contributed to a surge in prices,…
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