Money & The Economy
News on Finance, Money, markets and the economy
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Elitist Politicians Do Not care About Consumer Price Inflation
With now rampant consumer price inflation, a direct result of the coronavirus induced stimulus and bail-outs, and Federal Reserve wanton…
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MIT Data Scientist: Lockdowns Not Correlated With Fewer Deaths (But Are Correlated With More Unemployment) |
Dozens of studies show that lockdowns were an ineffective pandemic response. The list just got longer. In May, Youyang Gu,…
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Uber, Lyft Prices and Wait Times Are Surging—Here’s Why
Millions of Americans, myself included, have come to rely on ride-sharing services like Uber and Lyft for convenient and affordable…
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A Union Boss Who Fought To Keep Schools Closed For Over a Year Is Now Changing Her Tune. Here’s Why.
Randi Weingarten is the president of the country’s second-largest teachers union, the American Federation of Teachers. And, over the past…
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The US Senate Is Trying to Give Jeff Bezos $10 Billion of Your Tax Dollars
Elon Musk and Jeff Bezos are two of the richest men in the world, and while both are clearly brilliant…
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The Labor Market Shortage is Exposing Two Big Ways the Government Hurts Teenagers
My 14-year-old daughter walked over to a nearby floral shop earlier this week to see if she could work there…
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Jobless Claims Drop Below 400,000, Hit Another Pandemic Low
The number of Americans filing new unemployment claims dropped to 385,000 last week as the economy continues to recover from…
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Biden’s ‘Stimulus’ Bill Favored Blue States in One Huge Way, New Study Finds
President Biden’s multi-trillion-dollar “American Rescue Plan” was supposed to be a COVID-19 relief bill. But in reality, 90 percent of…
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‘Shrinkflation’: The Latest Consequence of Reckless Federal Spending, Explained
We already know that top inflation metrics have recently surged, and executives at companies like Costco are warning that price…
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What Bernie Sanders Doesn’t Understand about CEO Salaries
The Chief Executive Officers of the nation would be justified in singing along with the Coasters’ 1950s rock and roll…
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Why Lifeguards in California Are Making More Than the Governor
In the summer of 1984, I desperately wanted to swim in the deep end of the water with my friends…
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The Hole in ‘Kamalanomics’: A Glaring Flaw Plagues the Veep’s Plan to Restore the Economy
The Biden administration doesn’t just want the US to recover from the COVID-19 crisis: it wants to “build back better,”…
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Higher Inflation Has Arrived, But Economy Unlikely To Reach 1970s Levels, Report Says
While rapidly increasing consumer prices have triggered fears that the U.S. economy may enter into a period of stagflation, it…
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Costco Exec Reveals Company Is Facing Rising Inflation—And How It Could Hurt Customers
When Americans read about inflation in the newspaper or hear rising prices pop up in a policy debate, it often…
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How IRS Incompetence Is Raising Americans’ Taxes this Year
The IRS is late on issuing refunds for millions of Americans this year. In April, the IRS moved 29 million…
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