Money & The Economy

Largest Chinese Residential Developer Defaults On Massive Debt

A major credit ratings firm declared that real estate giant China Evergrande was in default on Thursday, creating the potential…

5 years ago

Online Inflation Soars Heading Into Busy Holiday Season

Online prices soared to record highs in November, according to Adobe Analytics. Prices online surged 3.5% on a year-over-year basis…

5 years ago

Amazon Slapped With Massive $1.3 Billion Fine For Anti-Competitive Practices

An Italian regulator hit Amazon with a massive fine Thursday over alleged anti-competitive business practices. The Italian Competition Authority issued…

5 years ago

Jobless Claims Decrease Far Below Expectations

The number of Americans who filed new unemployment claims totaled 184,000 in the week ending on Dec. 4 as employers…

5 years ago

What’s Better For Americans – a Strong or a Weak Dollar?

It goes without saying that the global COVID-19 pandemic and the ensuing worldwide lockdown measures saw major disruptions to business.…

5 years ago

Child Tax Credit Is Driving Americans Toward Entrepreneurship

A new study suggests that the child tax credit is not reducing overall employment nationwide but is driving some low…

5 years ago

US Trade Deficit Falls Sharply For First Time In 6 Months

The U.S. trade deficit narrowed considerably in October, with exports in energy and commodities offsetting a slight jump in imports,…

5 years ago

Toyota To Build Billion Dollar Battery Plant In North Carolina Creating Almost 2,000 Jobs

Toyota announced plans on Monday to build a multi-billion dollar battery factory in North Carolina that is reported to create…

5 years ago

November Job Numbers Puzzling, but Economic Growth is Strong

The recently released November jobs report, gave some very puzzling and inconsistent information. The Bureau of Labor Statistics said that while…

5 years ago

Fed To Pivot Away From Pandemic Era Stimulus as Unemployment Falls, Inflation Soars

The Federal Reserve is likely to shift away from its pandemic era stimulus programs as inflation continues to soar and…

5 years ago