Money & The Economy

Jobless Claims Increase in a Tight Labor Market

The number of Americans who filed new unemployment claims totaled 220,000 in the week ending on Nov. 27 as employers…

5 years ago

Coffee Prices Explode To 10-Year Highs That Could Last For Years

Coffee prices soared to a 10-year high on Monday, with experts projecting the high costs to last well into 2023,…

5 years ago

Cyber Monday Sales Drop For First Time Ever

Cyber Monday online sales dropped for the first time ever as consumers experienced fewer discounts and began their holiday shopping…

5 years ago

Fed Chair Says Omicron Variant Will Prolong Inflation Worries, Supply Chain Issues

The emergence of the Omicron coronavirus variant poses risks related to growing inflation concerns, supply chain bottlenecks and a recovering…

5 years ago

Nissan To Invest Billions In Battery Powered Cars As Companies Push For More EV Production

Nissan Motor Corporation announced a long-term plan to add multiple battery-powered vehicles to its portfolio on Monday. The Japanese car…

5 years ago

Labor Board Orders New Union Election At Amazon Warehouse

The National Labor Relations Board (NLRB) ordered a new unionization election at an Amazon warehouse in Alabama, ruling that the…

5 years ago

Walmart CFO Leaving as Company Prepares for Busy Holiday Season and Growing Supply Chain Issues

Walmart announced Monday that Executive Vice President and Chief Financial Officer Brett Biggs would leave the company after working over…

5 years ago

We Need Another Dose of Supply-Side Economics Today

In the early 1930s, the economy was in the midst of a very severe recession. At the time, the general…

5 years ago

Stock Market Nosedives After Reports Of New COVID-19 Variant

The stock market plummeted Friday following reports that a new, more contagious variant is rapidly spreading in South Africa and…

5 years ago

More Americans Than Ever Say They Won’t Be Buying Christmas Gifts This Year

A record number of Americans say they won’t be purchasing gifts for the holidays this year amid ongoing inflation concerns…

5 years ago