Money & The Economy

Global Oil Supply Set to Surpass Demand Despite Omicron as US Producers Boost Output

Global crude oil production is forecasted to outpace demand beginning in December and into 2022, a key monthly industry report…

5 years ago

Massive Inflation: Producer Price Index Grows at Fastest Rate Ever

The Producer Price Index (PPI), which measures inflation at the wholesale level, soared 9.6% year-over-year as of November, growing at…

5 years ago

Two Polls Show Growing Fear That Biden’s Spending Will Make Inflation Worse

Two polls conducted in West Virginia and New Hampshire show that Americans believe President Joe Bident’s spending plans will drive…

5 years ago

Build Back Better will balloon the Public Debt and lead to more inflation

President Biden is urging the Senate to pass the Build Back Better (BBB) massive spending bill that has already passed…

5 years ago

International Monetary Fund Wants Global Control Over Crypto Regulation

The International Monetary Fund (IMF), has issued a white paper that lays out the case for swooping in and coopting…

5 years ago

Government-Inflicted Inflation Worsens In November

The Bureau of Labor Statistics just released the Consumer Price index (CPI) number for November. The CPI increased by .8% for the…

5 years ago

St. Paul’s Mayor Is Already Scrambling to Amend the City’s Harmful Rent Control Law

St. Paul’s new rent control law is off to a bumpy start, six months before it even goes into effect.…

5 years ago

Elon Musk Unloads Almost $1 Billion In Tesla Shares, Totaling Nearly $10 Billion This Month

Tesla CEO Elon Musk sold nearly $1 billion shares of stock in his company after unloading almost $10 billion in…

5 years ago

Inflation Surges 6.8% In November, Highest In Four Decades

The Consumer Price Index (CPI) increased 0.9% in November, bringing the key inflation indicator’s year-over-year increase to 6.8%, the highest…

5 years ago

Major Airline To Limit International Flights Due To Plane Shortage

American Airlines said Thursday it plans to cut international flights next summer due to Boeing’s inability to deliver new 787…

5 years ago