Money & The Economy
News on Finance, Money, markets and the economy
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Why Used Cars (Even Clunkers) Are Better than New
Ah, that new car smell… or stink if you have any financial sense. I buy used cars/trucks. You don’t pay…
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Latest CPI Proves Inflation Fight Must March On
The September consumer price index (CPI) number indicated that the annual inflation rate was 3.7%. This is the same annual…
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Runaway Inflation ‘Unlikely’ to Be Tamed Under Biden Administration, Experts Say
The last time that inflation was measured under 3% year-over-year was in March 2021, even though the Federal Reserve’s target…
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EVs Are Costing Auto Manufacturers Billions While Union Strikes Take Their Toll
Electric vehicle (EV) production is saddling most American manufacturers with billions of dollars of costs, and the unionized “Big Three”…
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$20 Burgers: Newsom Signs Bill Mandating $20/Hr Minimum Wage for Fast Food Workers
Democratic California Gov. Gavin Newsom signed a law Thursday that will raise the minimum wage for fast food workers, a…
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Why Your Credit Card Rewards Might Be Going Bye-Bye
Once a year, usually late in February, my wife’s face brightens as she thumbs through our mail. “We got our…
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Consumer Confidence Plummets As Biden Approval Rating Slumps
Morning Consult’s U.S. consumer sentiment index in September declined to its lowest point in months as voters voice concerns over…
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Bidenomics: Food Banks Are Inundated With Requests For Aid As Inflation Bites
Food banks across the U.S. are reporting a massive uptick in demand as Americans continue to struggle with inflation. Several…
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Ford Pauses Construction Of Key EV Battery Plant
Ford is pausing construction of an electric vehicle (EV) battery plant in Marshall, Michigan, the Daily Caller News Foundation has…
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Fed’s Rate Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…
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‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis
“Shark Tank” star Kevin O’Leary predicted that a commercial real estate crisis caused by high interest rates on “worthless” properties…
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Crime, Inflation Driving Up Auto Insurance Costs For Average Americans
The cost of auto insurance has skyrocketed following the COVID-19 pandemic, making cars even more unaffordable for average Americans. Factors…
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Larry Kudlow Rips Jerome Powell Over ‘One Of The Goofiest Answers’ On Rising Oil Prices
Fox Business host Larry Kudlow blasted Federal Reserve Chairman Jerome Powell for what he said was “one of the goofiest…
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Jerome Powell Says An Economic ‘Soft Landing’ Is Not The Fed’s ‘Baseline Expectation’
An economic soft landing is not a baseline expectation for the Federal Reserve as it keeps interest rates high, according…
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‘The Best Of All Worlds’: Janet Yellen Says She Doesn’t ‘See Any Signs’ Of An Economic Downturn
Secretary of the Treasury Janet Yellen claimed she did not “see any signs the economy is at risk of a…
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