Money & The Economy
News on Finance, Money, markets and the economy
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John Deere Workers Reject New Contract, Extend Strike
Workers at Deer & Co. rejected a second contract offer from the company that would increase their pay by 10%,…
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Zillow To Shut Down House-Flipping Business, Lay Off 1,500 Workers After Disastrous Earnings
Zillow is closing down its home buying and selling business and laying off 25% of its workforce after the online…
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Private Payrolls Added 571,000 Jobs In October As Hiring Heats Up
Private firms’ payrolls increased by 571,000 in October, far exceeding experts’ expectations as hiring throughout the country heats up, according…
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Parents: Stop Taking Out Parent Loans for Your Kids’ College
As a parent, you are responsible for taking care of your child, but you are also responsible for taking care…
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Tesla Is Recalling Nearly 12,000 Vehicles Due To Software Glitch
Tesla issued a recall Tuesday for nearly 12,000 vehicles due to a communication glitch in the cars’ self-driving software program.…
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6 15-Minute Projects to Get Your Utility Bill to Rock Bottom
Here’s some good news: At least 120 utility companies have lowered electric, gas or water rates due to the Tax…
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The Federal Reserve Is Misleading the Public About Inflation
Just how bad is the inflation problem? According to the Consumer Price Index (CPI), annual inflation from September 2020 to September…
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Barclays CEO Resigns Over Alleged Ties To Jeffrey Epstein
Barclays chief executive Jes Staley will resign after reports of an investigation into his relationship with Jeffrey Epstein, the bank…
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California Port Worker Exposes Labor Union for Exacerbating Supply Chain Crisis
A California longshoreman, who works at California’s San Pedro Bay Port Complex, said labor unions are exacerbating the supply chain…
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Heating Costs Hit Highest Level Since 2011 As Winter Approaches
Propane heating costs in the U.S. rocketed to $2.59 per gallon this month, the highest level in a decade, as…
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European Economies Grew Faster Than US As Inflation And Supply Chain Delays Crippled The Country
European economic growth outpaced the U.S. and China as COVID-19 restrictions eased and vaccination rates increased, but supply chain disruptions…
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U.S. Consumer Spending Grew Slowly In September Amid High COVID-19 Cases, Supply Chain Problems and Rising Inflation
U.S. consumer spending growth slowed in September, and income dropped due to high COVID-19 cases, supply shortages, rising inflation, and…
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Biden’s Policies Create 2% GDP ‘Growth’
The Bureau of Economic Analysis (BEA) just announced that the economy grew at a 2% annual rate in the third…
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US Economic Growth Slowed To 2% In Third Quarter As Supply Chain Worsens
The U.S. economy grew at a 2% rate in the third quarter of 2021 as supply chain issues and the…
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Jobless Claims Drop To 281,000 Holding Near Last Weeks Lower Levels
The number of Americans who filed new unemployment claims decreased to 281,000 last week as employers compete for workers in…
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