Money & The Economy
News on Finance, Money, markets and the economy
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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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The Best Space Heaters to Keep Heating Costs Under Control
Photo by Achudh Krishna on Unsplash Even though winter is still weeks away, we need to brace now for a…
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Frugal Laundry Tips That Will Save You A Fortune
If you’ve ever suffered the heartbreak of stains or other kinds of annoying laundry issues, you’re going to love this!…
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Tesla’s Market Cap Skyrockets After Rental Car Company Orders 100,000 Cars
Tesla’s market capitalization surged to $1 trillion after the rental car company, Hertz, ordered 100,000 vehicles Monday from the electric…
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Companies Warn Shoppers Of Fewer Discounts During Holidays
U.S. consumers should expect fewer discounts during the holiday season due to high transportation and material costs, supply chain disruptions,…
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US Running Out of Warehouse Space, Intensifying Supply Chain Bottlenecks and Adding to Inflation
Available warehouse space near significant distribution hubs fell to historic lows in the third quarter of 2021, placing even more…
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‘Bracket Creep’: Voters in These 22 States Could See Direct Tax Hikes Due to Inflation, New Analysis Warns
Inflation is often described as a “hidden tax,” because it is driven by policy decisions and erodes citizens’ real purchasing…
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Southwest To Cut More Flights, Lost Almost $75 Million During Last Round Of Cancellation
Southwest Airlines announced Thursday that it would adjust its December flight schedule to adjust for ongoing labor shortages. Southwest canceled…
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Wall Street Lost More Jobs During The Pandemic Than In 2008
Wall Street lost more jobs during the COVID-19 pandemic than in any year since the 2008 recession despite profits and…
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Gas Soars To $7.59 A Gallon In California Town As Prices Hit Multi-Year Highs Nationwide
The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to…
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