Money & The Economy

News on Finance, Money, markets and the economy

Over Half of U.S. Consumers Say Standard of Living is Declining

U.S. consumers are feeling the squeeze of record-setting inflation, market volatility and a looming recession – and it's taking a toll.…

3 days ago

More Than Half of Restaurants at Pre-COVID Levels or Better, But Can’t Meet Demand

3 in 4 restaurants are leaning into tech to manage talent shortagesExperts provide tips for 45% of consumers struggling to…

3 days ago

Tort litigation costly to business and consumers

American business is suffering under a torrent of tort litigation. According to one estimate from the U.S. Chamber Institute for…

3 days ago

‘Stop Complaining’: WaPo Personal Finance Adviser Dismisses Americans Suffering From Inflation

A Washington Post columnist told Americans to “stop complaining” about the effects of inflation while on MSNBC Wednesday. “You got…

3 days ago

Millennials’ Social Security Benefits May be Hundreds of Thousands of Dollars Lower than Current Promises

Millennials may well lose hundreds of thousands of dollars in Social Security benefits based on the Social Security Administration's projection…

4 days ago

The Energy Crisis Is Hitting The Most Vulnerable Americans The Hardest. Here’s How

Skyrocketing energy costs have hit vulnerable communities the hardest as energy insecurity reduces access to quality education, food, medicine and…

4 days ago

Why High Gas Prices Are a Signal of (More) Inflation to Come

Where I grew up in northern Minnesota, it’s easy to see the impact that economic hard times leave on disadvantaged…

5 days ago

Housing affordability hits 15-year low as prices, mortgage rates rise

Mortgage payments are higher than rent in 45 of the 50 largest U.S. metros, up from 22 in 2019.Price appreciation…

5 days ago

Yellen wrong again. Recession is inevitable and may be here now

A couple of weeks ago, Secretary of the Treasury Janet Yellen admitted she was wrong last year when she said…

5 days ago

Environmental Groups Sue Biden To Vacate Oil And Gas Permits As Gas Climbs Over $5 Per Gallon

Three environmental law groups are suing the Biden administration to vacate more than 3,500 oil and gas permits in Wyoming…

1 week ago

Fed raises rates by 75 basis points. Here comes stagflation.

After more than a year of delay, the Federal Reserve finally looks like it is serious about reducing inflation.  The…

1 week ago

Elevated Inflation, Higher Interest Rates Expected to Take Toll on Consumer Spending

Massive inflation sparked by overspending by the Biden administration and the Federal Reserve's delayed, and now hard-hitting, response have created…

1 week ago

Business Leaders’ Economic Outlook Worsens: Survey

Fifty-two percent of CFOs view the current North American economy as good, a decrease from 64% in Q1. CFOs lowered…

1 week ago

Tucker Carlson Guest Exposes How Wall Street Wokeness Is Making Inflation Way Worse

Utah State Treasurer Marlo Oaks told Fox News host Tucker Carlson Tuesday evening that “sustainable investing” on Wall Street helped…

1 week ago

Biden Threatens Oil Companies For Not Refining More Gasoline — There’s Just One Problem

President Joe Biden wrote a letter Wednesday to oil industry executives, warning them he would take action if they don’t…

2 weeks ago