Money & The Economy
News on Finance, Money, markets and the economy
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Despite Rhetoric, Inflation Remains a Major Problem
The good news is that the annual inflation rate has fallen from a peak of 9.1% in June 2022 to…
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OPEC+ Is Cutting Oil Production Again
OPEC+ announced a new round of cuts to oil production on Thursday, The Wall Street Journal reported. The oil cartel,…
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‘Bear Some Responsibility’: Here’s How Biden’s Massive Spending Splurge Is Making Housing Unaffordable
President Joe Biden’s push for huge government spending has contributed to higher interest rates across the board, putting mortgages for…
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Blue State Residents Are Paying Way More For Energy Than Red States, New Report Shows
Residents of blue states with aggressive climate policies are paying significantly more for electricity and fuel than red states, according…
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Retailers Brace For Slow Holiday Season As Inflation Bites
Consumers are expected to cut back on discretionary spending this holiday season, hurting retailers, amid persistent inflation and declining savings,…
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These Four Key Economic Indicators Paint A Grim Picture For 2024
The newest economic indicators from the month of October point to the U.S. entering a recession at the beginning of…
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Higher Gas Prices Under Biden Will Take A Bite Out Of Americans’ Wallets This Thanksgiving Weekend
While the White House has tried to spin inflation’s impacts on the Thanksgiving holiday, higher gas prices will eat into…
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5 Things You Should Know Before Getting a Credit Card
When I got my first credit card at age 24, I felt like a new world had opened up to…
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2024 Federal Tax Brackets Are Out. Find Out Which Bracket You’re In—and Why Tax Rates Are So High
The IRS released new federal income tax brackets last week. Though marginal tax rates did not change, federal law requires the…
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Kevin O’Leary Reveals Why Clean Energy Stocks Are Tanking
“Shark Tank” star Kevin O’Leary said that clean energy funds and stocks are dropping because investors realized that clean energy…
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Beyond Meat Continues To Hemorrhage Cash As Consumers Sour On Fake Meat
Beyond Meat, a company that makes meat substitutes, reported huge decreases in revenues in its most recent earnings report on…
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House Israel Aid Equipped With a Funding Source
The House of Representatives recently passed a bill to provide $14.3 billion in federal aid to Israel. Usually spending bills…
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Former Multibillion Dollar Start-Up Files For Bankruptcy
A start-up that captivated investors in the 2010s and attracted billions of dollars in capital, filed for bankruptcy on Monday,…
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‘A Disconcerting Picture’: Reagan Economist Says Latest Jobs Numbers Spell Trouble For Economy
Former Reagan administration official Art Laffer said Friday that the latest jobs numbers painted “a disconcerting picture,” citing downward revisions…
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Job Gains Fall Short Of Expectations As Unemployment Ticks Up
The U.S. added 150,000 nonfarm payroll jobs in October as the unemployment rate ticked up to 3.9%, according to Bureau of…
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