Money & The Economy
News on Finance, Money, markets and the economy
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Here’s Why San Francisco is Experiencing a Shoplifting Surge That’s Putting Some Stores Out of Business
“I’m new to San Francisco,” New York Times journalist Thomas Fuller told a grocery store clerk shortly after moving to…
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Senate Republicans Expand Investigation Into ‘Woke Mission Creep’ Of Federal Reserve
Senate Banking Committee Republicans have expanded an investigation into regional Federal Reserve banks over their alleged “woke mission creep.” “This…
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Biden Economy: Top Economists Expect Inflation To ‘Accelerate Strongly’ In Coming Weeks
Economists expect inflation to “accelerate strongly” in the coming weeks and months, but said consumer prices would eventually moderate. The…
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Fed Must Act Now: Inflation Psychology Is Building.
Since January, the inflation rate has been almost 6%. The rate has been around 2% or so for the last…
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Stossel: Stop Calling It a ‘Labor Shortage.’ It’s an Incentive Shortage
It’s no secret that US businesses are struggling to find workers. Recent surveys have shown that small businesses are reporting…
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Consumer Prices Outpace Americans’ Wage Growth As Inflation Surges
Massive government spending has decreased the value of the American dollar and triggered increased consumer prices, which economic experts said…
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Colonial Pipeline CEO Reveals Why He Paid Millions To Eastern European Hackers
Colonial Pipeline decided to pay a multimillion-dollar ransom to hackers for the good of the country, the gas company’s CEO…
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Are China & the US Government Colluding to Attack Bitcoin, Cryptocurrencies?
Two pressures, both based on false-narrative and self-serving fear-mongering, saw cryptocurrencies dive overnight. The first in an announcement by China,…
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Biden Effect: Manufacturing Prices Rise At Record Pace, Influential Fed Report Shows
The influential Empire State Manufacturing Survey conducted by the New York Federal Reserve Bank showed that manufacturing prices are rising…
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Inflation Increasing Quicker Than Expected, Former Treasury Secretary Larry Summers Says
Top American economist Larry Summers is sounding the alarm on rising U.S. inflation, saying that it is ticking up quicker…
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19 States Urge Biden To Reinstate Keystone After Colonial Pipeline Hack Caused Mass Gas Shortages
A 19-state coalition urged President Joe Biden to reinstate the Keystone XL Pipeline and reverse his energy policies because of…
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39 Million Households, Including Most US Children To Receive Stimulus Payments
President Joe Biden’s administration will begin sending about 39 million United States families cash child benefit payments in July, the…
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Inflation in April skyrockets. And it will get worse.
In spite of the somewhat positive spin that the media is trying to put on the recently released inflation rate…
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Why Inflation Is at a 12-year High
Yesterday, the Bureau of Labor Statistics (BLS) released numbers indicating that the average price level of consumer goods has risen…
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New Study Finds Half of Student Loan Borrowers Regret Going into Debt
A new study published by Ramsey Solutions has found that 53% of those who took out student loans to pay…
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