Boston Red Sox Owner To Buy Pittsburgh Penguins
The holding company that owns the Boston Red Sox is in negotiations to buy the Pittsburgh Penguins hockey team, The…
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Money & The Economy
The Fed Could End Inflation, But Experts Say Wall Street Would Hate It
The Federal Reserve’s decision to reduce its monthly bond purchases amid growing inflation has contributed to a surge in prices,…
Read More » Walmart Sales Surge, Inventory Remains Stocked Heading Into Holiday Season
Walmart reported higher sales in the third quarter of 2021 after the company raised prices and consumers continued to shop…
Read More »Retail Sales Grew In October As Shoppers Faced Higher Prices Entering The Holiday Season
U.S. retail sales increased in October as shoppers faced the largest price increase in 30 years entering the holiday season.…
Read More »Top Obama Economist Larry Summers Comes Out Swinging Against Biden Admin Over Inflation Surge
Former Treasury Secretary Larry Summers, who served as head of the National Economic Council during the Obama administration, recently slammed…
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In The News
Trump To Sell DC Hotel Lease For $375 Million
The Trump Organization has reportedly reached an agreement to sell the lease for its Washington, D.C, hotel for $375 million,…
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Money & The Economy
Bidenomics: Americans’ Faith In The Economy Plummets Further As Inflation Grows
U.S. consumer sentiment fell in November to its lowest level in 10 years as Americans grew increasingly concerned about inflation…
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Money & The Economy
Healthcare Giant Splits Into Two Separate Companies
Johnson and Johnson (J&J) announced Friday that it plans to break up its two companies, separating its consumer health business…
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Money & The Economy
Labor Crisis: Record Number Of Workers Quit Jobs in September as Labor Shortage Worsens
A record 4.4 million people quit their jobs in September, and job openings remained near a record high as labor…
Read More » Home Prices Soar In Third Quarter As Housing Market Remains Hot
Median home prices surged in the third quarter of 2021 in almost every housing market in the U.S., the National…
Read More »Trucking, Retail Groups Sue Biden Over Vaccine Mandate
National groups representing retail, truckers and independent businesses sued the White House over its vaccine mandate Wednesday. The American Trucking…
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Entertainment, Health and Lifestyle
Who Is Taking Care Of The Old People?
Nursing homes across the country are feeling the effects of the ongoing labor shortages, according to multiple reports. Nursing home…
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In The News
Bidenomics: Inflation Surges To Highest Level In 30 Years
The Consumer Price Index increased 0.9% in October, bringing the key inflation indicator’s year-over-year increase to 6.2% as supply shortages…
Read More » Weekly Jobless Claims Drop To New Pandemic Low
The number of Americans who filed new unemployment claims decreased to 267,000 in the week ending Nov. 6 as the…
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Money & The Economy
Inflation Increases At Record Rate For Second Month In A Row
The Producer Price Index (PPI), which measures inflation at the wholesale level, rose 8.6% year-over-year as of October, growing at…
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