Money & The Economy
News on Finance, Money, markets and the economy
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Ayanna Pressley’s ‘Cancel Rent’ Hypocrisy, Exposed
“Landlord” has become a dirty word in progressive politics. From the #CancelRent movement to support for the CDC’s unlawful “eviction…
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Retail Sales Dipped In July Amid Spiking Coronavirus Cases
Retail sales in the U.S. declined in July as the number of coronavirus cases spiked, localities renewed some restrictions and…
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Here’s Why the Eviction Moratorium Is Likely To Create More Homelessness
In September of 2020, the Centers for Disease Control and Prevention announced that they would implement an eviction moratorium that…
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Americans need to prepare, the piper’s coming for his due
“I don’t believe we shall ever have a good money again before we take the thing out of the hands…
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The Senate Just Approved a Spending Plan 5x the Size of FDR’s New Deal
From trillions in COVID-19 spending to a $1+ trillion “infrastructure” bill, the federal government has spent so much taxpayer money…
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Dow And S&P 500 Close At Record Highs For Third Straight Day
The Dow Jones Industrial Average and S&P 500 stock indices closed at record highs on Thursday for the third consecutive…
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‘The Court’s Hands Are Tied’: Federal Judge Upholds New Eviction Moratorium
A federal judge ruled Friday that the Biden administration could continue to enforce its new eviction moratorium, but cast doubt…
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July inflation number shows supply chain disruptions are not the cause
The Bureau of Labor Statistics just released the Consumer Price Index (CPI) for the month of July. The .5% increase in consumer…
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Republican Senator Takes Aim At a Democratic Tax Credit That Disproportionately Benefits the Rich
As part of their ongoing efforts to address climate change, Democrats have supported a variety of policies over the years…
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Consumer Prices Rose at Highest Levels Since 2008 Last Month—Again
Are rising consumer prices becoming part of the “new normal?” We’re now on Day 500-and-something of “15 days to slow…
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BidInflation: Consumer Prices Surge 5.4%, Led By Food And Energy Costs
Inflation increased at a rapid 5.4% clip compared to August 2020, the Department of Labor said Wednesday. The Consumer Price…
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Ted Cruz Just Perfectly Explained Why Congress Shouldn’t Regulate Cryptocurrency
The sweeping “infrastructure” legislation making its way through Congress takes a pretty flexible view of what counts as “infrastructure.” Evidently,…
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Ted Cruz Just Perfectly Explained Why Congress Shouldn’t Regulate Cryptocurrency
The sweeping “infrastructure” legislation making its way through Congress takes a pretty flexible view of what counts as “infrastructure.” Evidently,…
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How many ‘blue-collar’ jobs will Biden’s bipartisan infrastructure bill create?
The bipartisan infrastructure legislation moving through Congress could end up on President Biden’s desk before we know it. The $1…
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#DontKillCrypto: The Infrastructure Bill Contains a Poison Pill for Crypto: Senators Wyden, Lummis, and Toomey Try to Stop It
The infrastructure bill currently being debated in the Senate has come under fire by those in the cryptocurrency community. In…
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