Money & The Economy
News on Finance, Money, markets and the economy
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Major US Ally’s Trade Rules Could Cost Americans Half A Trillion, Study Finds
A new study reports South Korea’s trade and regulatory policies could cost Americans as much as $500 billion or more…
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Rent Prices Are Ballooning In Major US City Following Pervasive Fraud By Bums With Low Credit Scores
Atlanta appears to have become the poster child for a nationwide surge in rental-application fraud, and landlords are paying the price.…
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Jerome Powell Suggests Fed Is On Track To Cut Interest Rates Once Again
Federal Reserve Chair Jerome Powell suggested Tuesday that the central bank may be on track to lower its interest rate…
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Fed’s Daly Warns ‘Softening’ US Job Market May Soon Become ‘More Worrisome’
San Francisco Federal Reserve Bank President Mary Daly warned on Thursday that the “softening” U.S. job market could become “more…
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Small Businesses Feeling The Squeeze As Government Shutdown Drags On
Some U.S. businesses are facing a spate of difficulties amid the ongoing government shutdown, according to the Wall Street Journal…
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Tether’s Newly Minted “American” Stablecoin Is Not Really American
Tether, the offshore crypto giant, wants you to believe it has suddenly become an American company. After building its empire…
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Major Auto Companies Reportedly Race To Save Sunsetting Tax Credit For Green Boondoggles
Several major auto companies are rushing to enlist dealers in programs that would effectively extend the $7,500 electric vehicle (EV)…
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Shale Execs Complain Of ‘Broken’ Prospects In New Survey
In his remarks at this week’s U.N. Climate Week conference, President Donald Trump reminded the U.N. general assembly that “we…
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Key Inflation Indicator Rose About As Expected In August
The Federal Reserve’s preferred metric to gauge inflation increased by 0.3% in August, compared to 0.2% in the previous month, the…
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The Trump Effect: US Economy Expanded In Second Quarter Of 2025
U.S. real gross domestic product (GDP) increased at an annual rate of 3.8% in the second quarter of 2025, according to…
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Fed’s Jerome Powell Signals Cautious Approach To Future Rate Cuts
Federal Reserve Chairman Jerome Powell on Tuesday signaled that he is taking a cautious stance on future interest rate cuts.…
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Fed Finally Lowers Interest Rates After Months Of Trump Pressure
The Federal Reserve announced its first interest rate cut of the year on Wednesday, lowering the benchmark rate by a…
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Ticketmaster’s latest monopoly power play will make concerts more expensive
In just a few weeks, the federal government is expected to present President Trump with a plan aimed at addressing…
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Trump Media Company To Create Investment Funds With Only ‘America First’ Companies
Trump Media and Technology Group (TMTG), the parent company of Truth Social, announced plans to create new “America-First” investment funds…
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CNBC’s Rick Santelli Blown Away By ‘Progress’ In New Inflation Report Under Trump
CNBC editor Rick Santelli expressed shock on Wednesday about wholesale prices in the U.S. unexpectedly declining. The Producer Price Index…
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