Money & The Economy
News on Finance, Money, markets and the economy
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Inflation Rate Inches Down As Economy Continues To Slow
Inflation fell in August amid fears of an economic slowdown following two straight months of disappointing job gains, according to…
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Risks On Gov’t Loans Issued Next Fiscal Year Will Cost Taxpayers More Than $65 Billion, CBO Says
The lifetime costs of new loans and guarantees issued in Fiscal Year 2025 are expected to cost taxpayers more than…
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Massive Retailer Files For Bankruptcy As Biden-Harris Era Inflation Continues To Wreak Havoc On Economy
U.S. discount retail chain Big Lots filed for bankruptcy Monday as Biden-Harris era inflation continues to weaken consumer spending and…
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Trump Should Propose a 15% Single Tax Rate for All
In a recent speech, presidential candidate Donald Trump proposed, among other things, a 15% corporate income tax rate. He has…
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Biden-Appointed Judge’s Ruling Could Bring Drilling to a Halt in Gulf Of Mexico
A single ruling from a judge appointed by President Joe Biden may end up halting oil and gas drilling in…
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Part-Time Jobs Continue To Soar As US Economy Hemorrhages Full-Time Gigs
The U.S. economy lost hundreds of thousands of full-time jobs in August in a shift that suggests the U.S. is…
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Historic Automaker Weighs First Plant Closure Ever As China Encroaches On EV Market
Volkswagen (VW) AG is considering shuttering factories in Germany as European car companies struggle to compete with Chinese electric vehicle…
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Major Automaker Becomes Latest Company To Walk Back Diversity Policies
Ford Motors announced Wednesday that it is walking back several of its diversity, equity and inclusion (DEI) policies, making it…
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Trumponomics Easily Beats Kamalanomics
The purpose of economic policy is to provide price stability, economic growth and full employment with the outcome resulting in…
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Is labor guilty of wage gouging?
Democratic candidate for President Kamala Harris has said that inflation is caused by corporate greed. She says corporations are price…
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One In Three Jobs Biden Admin Announced Over Course Of A Year Didn’t Actually Exist, Revisions Show
Over a third of the over 3 million jobs the Biden administration announced were added in initial reports between April…
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Nearly A Third Of Families Expect Back-To-School Shopping To Push Them Into Debt
American families are drowning in back-to-school expenses as inflation continues to weigh on household budgets, according to a survey from…
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No Kamala, Price Gouging Is Not the Cause of Inflation
Recently presumed Democratic presidential candidate Kamal Harris said she recognizes consumers are hurting because of high grocery prices. She says…
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Housing Costs Surge In July, Accounting For 90% Of Total Inflation
The cost of housing surged in July, accounting for nearly 90% of total inflation, according to the latest Bureau of…
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If Kamala Really Wanted Change, She Would Start Now
Presumed Democratic nominee for President Kamal Harris, who refuses to give interviews to answer specific questions, says at her rallies…
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