Money & The Economy
News on Finance, Money, markets and the economy
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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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Key Inflation Measure Spikes Again, Hits Highest Level Since 1991
A consumer price measurement used by the Federal Reserve to track inflation spiked again in June and hit its highest…
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How Amazon’s $10 Billion Contract Squabble with the Pentagon Reveals the Shady Nature of Military Contracts
Earlier this month the US Department of Defense (DOD) canceled a $10 billion Joint Enterprise Defense Infrastructure (JEDI) contract awarded…
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School Shutdowns Will Cost Students a Staggering Amount in Lifetime Earnings, New McKinsey Analysis Shows
US COVID-19 deaths are at the lowest levels since March 2020, but alarmism over the “Delta variant” is nonetheless on…
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Jobless Claims Decrease Slightly To 400,000, Remain Elevated
The number of Americans filing new unemployment claims decreased to 400,000 last week as the economy continues its recovery from the…
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Big Tech Profits Continue To Surge, Latest Earnings Show |
Big Tech companies including Google, Apple, Microsoft and Twitter reported massive, record-breaking earnings figures as their sales continued to surge…
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Inflation Could Be ‘Higher And More Persistent’ Than Expected, Federal Reserve Says
The Federal Reserve admitted Wednesday that inflation could increase quicker and for longer than the central bank has projected in…
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Despite ‘Delta’ Alarmism, US COVID Deaths Are at Lowest Level Since March 2020, Harvard and Stanford Professors Explain
If you judged the US’s current COVID-19 situation only by the headlines, you’d come away thinking that we’re spiraling back…
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Disabled Mother Wins Legal Fight to Keep Family Home From Property Tax Collectors
After Mary Ann Dupere had a stroke in 2010, her daughter, Tina, became her caretaker in the family’s Dartmouth, Massachusetts…
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Marxist Student Group Demands Abolition of Hayek Society at London School of Economics
“Wherever books are burned,” wrote the German journalist and poet Heinrich Heine, “men in the end will also burn.” He…
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Why the Middle Class Should Start Paying Attention to the Death Tax
There are more millionaires now in American history than there were in 1910. Unfortunately, this isn’t a totally good thing.…
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Biden’s Wrong Again: His Massive Infrastructure Plan Will Increase Inflation
During his recent, somewhat confusing CNN town hall, President Biden claimed that his multi-trillion dollar infrastructure spending packages will “reduce inflation.” Unfortunately…
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How Profits Created the Prosperity We Enjoy Today
Practically every item we engage with daily (our car, cell phone, food, clothes, tooth brush, etc.) was produced by people…
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POLL: More Than Half Of Americans Say Biden’s Economy Is In Poor Shape
More than half of Americans say President Joe Biden’s economy isn’t in good shape, according to an AP-NORC poll released…
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Can Socialism Ever Be ‘Democratic’? Here’s What Bernie Sanders Gets Wrong.
Over the past few weeks, massive anti-government protests have been raging across Cuba. In response, Cuban President Miguel Díaz-Canel said…
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