Money & The Economy
News on Finance, Money, markets and the economy
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Economists Warn We Can’t Keep Ignoring the National Debt Forever
With COVID-19 ravaging the country and government pandemic lockdowns devastating our economy, the national debt has understandably slipped to the…
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Nation’s Top Small Business Group Doubles Down In Minimum Wage Fight
The National Federation of Independent Businesses (NFIB), the leading advocate for small business in the U.S., is focusing its legislative…
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Bitcoin Hits $1 Trillion. What That Means for the Future of Money
Bitcoin hit another milestone this Friday as its total value surged to over $1 trillion for the first time ever.…
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Walmart To Raise Wages For 425,000 Workers After Massive 2020 Sales Performance
Walmart announced it will raise wages for 425,000 store associates serving in “frontline” roles after the company reported record fourth-quarter…
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Jobless Claims Worse Than Expected At 861,000
The number of Americans filing new unemployment claims increased to 861,000 last week as the economy continued to suffer the…
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The 4 Basic Principles That Will Lead America Back to Prosperity
In his first three weeks in office, President Biden has shown Americans what his economic policy intentions are. In each…
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Economists Slam Biden Stimulus as ‘Economically Unjustified’ Plan That ‘Incentivizes Unemployment’
President Biden has abandoned bipartisan compromise and pushed full-steam-ahead to pass his entire sweeping $1.9 trillion COVID-19 spending package. The…
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Paul Krugman’s Hilarious 2015 Bitcoin Prediction and the Value of Intellectual Humility
In 1998, Paul Krugman predicted that by 2005 it would be clear that “the Internet’s impact on the economy has…
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Biden’s Misery Index
In the late 1970s, the US experienced an economic condition known as stagflation. This meant the economy was not growing,…
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Will small businesses recover from Covid?
Eryn Brown, Knowable Magazine They play an outsize role in the economy, and in strengthening communities. Their prospects for surviving…
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How Julia Salazar’s ‘Wall Street Tax’ Could Push the NYSE to Relocate
State lawmakers in Albany, New York are considering imposing a tax on financial transactions. If they go through with it,…
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New Jobless Claims Increase To 793,000, Missing Expectations
The number of Americans filing new unemployment claims decreased to 793,000 last week as the economy continued to suffer the…
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