Money & The Economy
News on Finance, Money, markets and the economy
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Weekly Jobless Claims Drop To New Pandemic Low
The number of Americans who filed new unemployment claims decreased to 267,000 in the week ending Nov. 6 as the…
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How One Entrepreneur is Banking on the ‘5th Revolution’ with GeniusU
You’ve probably heard about the “metaverse.” Facebook CEO Mark Zuckerberg is banking big on it. He’s not the only one. You can…
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Fed Action, Job Report, Infrastructure- a little more growth, a lot more inflation
What a week we just had. It started with the American electorate soundly rejecting the policies of the people currently…
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General Electric To Split Itself Into Three Companies
General Electric announced plans Tuesday to split itself into three separate companies in the aviation, healthcare and energy sectors. The…
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Inflation Increases At Record Rate For Second Month In A Row
The Producer Price Index (PPI), which measures inflation at the wholesale level, rose 8.6% year-over-year as of October, growing at…
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Is It Just Me Or Is It Cold in Here?
These easy tips could cut your fuel consumption by 20% or more, and none requires more than 30 minutes of…
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Forget Expensive, Thanksgiving Dinner Staples May Be Hard to Find
Thanksgiving dinner may be the next victim of President Biden’s unhandled supply chain crisis, according to a Wall Street Journal…
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Inflation Expected To Surge For At Least Another Year, A Key Economic Indicator Shows
Inflation grew throughout October, increasing for the twelfth consecutive month in a row, according to a key economic indicator. The median…
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Biden Administration ‘Hopes’ Gas Doesn’t Reach $4 A Gallon
The Biden administration hopes the price of gasoline won’t reach $4 per gallon, but Americans should expect higher energy costs,…
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Bidenomics: Cereal Giant Raises Prices Due To Inflation, Supply Chain Problems And A Labor Strike
Cereal giant Kellogg announced Thursday that it expects to raise prices as inflation, supply chain problems and a recent labor…
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US Adds 531,000 Jobs In October, Exceeding Expectations
The U..S. economy recorded an increase of 531,000 jobs in October, and unemployment fell by 0.2% as the labor market…
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Bidenomics: Trade Deficit Hits New Record as Inflation Grows, Supply Chain Issues Worsen
The U.S. trade deficit hit a record high of $80.9 billion in September as exports fell sharply while imports increased…
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Anything With Wheat In It Will Probably Be More Expensive
Global wheat prices surged in recent months, fueled mainly by droughts and poor harvests, signaling higher food prices in the…
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Even More Great Reader Tips
Planting a backyard vegetable garden is a terrific idea, but it can be a pricey — and time-consuming.Today’s first reader…
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Jobless Claims Drop To 269,000, A Post COVID-19 Low
The number of Americans who filed for new unemployment claims decreased to 269,000 in the week ending Oct. 30 as…
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