Money & The Economy
News on Finance, Money, markets and the economy
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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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Don’t Envy Rihanna’s Billion Dollar Empire. Celebrate It
Forbes this week reported that Rihanna is now a billionaire—and then some. Forbes estimates the pop-singer and entrepreneur’s wealth to…
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Based on July Jobs Report No More Stimulus is Needed
The Bureau of Labor Statistics just reported very strong job growth for July. The economy created a whopping 943,000 new…
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On Eviction Moratorium, Progressives’ Beef Is With the Constitution—Not the Supreme Court
The Supreme Court and the White House appear headed for a showdown. On Tuesday, the Centers for Disease Control and…
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On Eviction Moratorium, Progressives’ Beef Is With the Constitution—Not the Supreme Court
The Supreme Court and the White House appear headed for a showdown. On Tuesday, the Centers for Disease Control and…
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Populist Claims About Stagnant Wages Are Misleading, Federal Reserve Data Show
Last week, Rep. Ro Khanna tweeted about the disparity in CEO and worker wage growth since 2009. He wrote, “From…
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Wyden-led amendment would clarify cryptocurrency reporting rules
Senate Finance Chair Ron Wyden, D-Ore., filed an amendment to the bipartisan infrastructure bill on Wednesday aimed at making clear…
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Jobless Claims Fall Below 400,000, Hit Economists’ Expectations
The number of Americans filing new unemployment claims decreased to 385,000 last week as the economy continues its recovery from…
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Bidenomics: Private Companies Added Half As Many Jobs As Expected In July: REPORT
Private companies added 330,000 jobs in July, far fewer than expected and the lowest amount since February, according to a…
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Solar Energy Exploded During the Trump Years. Why?
Last May, the US Department of the Interior approved the Gemini Solar Project, a planned 7,100-acre installation in Nevada that…
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Bipartisan Infrastructure Bill Would End Pandemic Business Tax Break Early
The bipartisan Senate infrastructure bill would eliminate a pandemic-related business tax exemption three months earlier than planned. The funds received…
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9 Crazy Examples of Waste, Unrelated Pet Projects Snuck into Massive Bipartisan Infrastructure Bill
When President Biden first unveiled his $2+ trillion proposal for an infrastructure spending package, he was widely ridiculed for stretching…
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GDP grows at a 6.5% annual rate in the second quarter. That’s good, but…
According to the Bureau of Economic Analysis (BEA) first estimate of GDP growth, the economy grew 1.6% in the second…
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Don’t Extend the CDC’s Unconstitutional ‘Eviction Moratorium’
Nobel-Prize-winning economist Milton Friedman famously quipped that “nothing is so permanent as a temporary government program.” If only he’d known…
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‘Nothing Is New — It Is Just Forgotten’: Historian Aims To Remind Americans What Happens When Government Suppresses Free Markets
Accomplished scholar and author Amity Shlaes sees history as an important tool to learn from the past and its mistakes…
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