Money & The Economy

News on Finance, Money, markets and the economy

Tesla Reports One Of Its Worst Quarters In Years In Latest Sign Of Trouble For EV Market

Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S.…

22 hours ago

Biden’s EV Policy Will Slow Innovation

President Biden believes that Americans should be driving electric vehicles rather than those with gasoline powered engines. His plan was…

2 days ago

Electric Vehicle Maker Launches Another Round Of Layoffs As Demand Slows

Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for…

6 days ago

Home Sales Drop In March As Mortgage Rates Surge Over 7%

Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing…

6 days ago

Tesla Announces Huge Layoffs As Sales Slow

Electric vehicle (EV) maker Tesla sent an internal memo notifying staff that the company would be laying off more than…

1 week ago

Feds Collected $34,400 Per Household In Taxes In 2023

The federal government collected approximately $34,400 in taxes per American household in calendar year 2023, according to data published by…

1 week ago

Investors Scramble To Adjust Their Portfolios After Inflation Surge |

Many investors are diversifying their portfolios from standard stocks and bonds as March’s inflation surge casts doubt on economy-boosting rate…

2 weeks ago

There’s One Thorny Issue Stopping Inflation From Going Away

Inflation continues to dog Americans thanks in large part to sky-high housing costs, which aren’t going away any time soon.…

2 weeks ago

Prices Edge Even Higher As Fed Chair Speculates If Inflation Is Really Under Control

Inflation jumped year-over-year in March amid speculation over whether the rate of inflation is really decelerating, according to the latest Bureau…

2 weeks ago

Investors Are Bailing On Green Funds

Investors are fading on green energy investment funds due to worries about the sector’s ability to grow and the possible…

2 weeks ago