Money & The Economy
News on Finance, Money, markets and the economy
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Woke Investing Takes Massive Hit As Investors Lose Interest
Environmental, Social and Governance (ESG) funds lost billions in the third quarter as demand among investors plummeted, according to Morningstar.…
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Americans Are Burning Through Savings To Keep Biden’s Economy Afloat, Experts Say
The U.S. has recently seen consistent economic growth that has been fueled by strong consumer spending from average Americans. To…
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Housing Market Half As Affordable Than Just Three Years Ago
Americans’ purchasing power in the real estate market has been cut in half in less than three years as home…
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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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