Money & The Economy

Average New-Car Prices Up More Than 4 Percent Year-Over-Year

Analysts at Kelley Blue Book reported Friday that the estimated average transaction price for a light vehicle in the United States was $37,149 in January…

8 years ago

Share of Homes Sold Above Asking Price Hits Two-Year Low

Only 19 percent of homes sold in the U.S. in December fetched more than their list price, and the rate…

8 years ago

Over Half Of US Coal Mines Have Closed Since 2008

The number of active coal mines in the U.S. have shuttered dramatically, with half of the mines operational a decade…

8 years ago

Audi Managers Charged in Conspiracy to Cheat U.S. Emissions Tests

Four Audi managers, including a former member of Audi AG’s management board, were charged in an indictment filed on Jan.…

8 years ago

Bankrupt California Utility Is Shedding Over $40 Billion Worth Of Green Energy Contracts

Pacific Gas and Electric (PG&E) may shed more than $40 billion worth of power purchase agreements after the California utility…

8 years ago

Trump Effect: Private Sector Employment Increased by 213,000 Jobs in January

Private sector employment increased by 213,000 jobs from  December to January according to the January ADP National Employment Report®.  Broadly distributed…

8 years ago

Trade War De-escalation: China’s Congress to Vote on Foreign Investment Law

China's National Peoples Congress is set to vote in March on legislation which will ban forced technology transfers and "illegal"…

8 years ago

Trump Just Secured Another Major Trade Victory

The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President…

8 years ago

California’s Largest Utility Goes Bankrupt Under Billions In Wildfire Debt

Pacific Gas and Electric (PG&E), California’s largest utility company, filed for bankruptcy at midnight on Tuesday, seeking to escape potentially…

8 years ago

Under Trump, US Economic Freedom Rises Significantly

U.S. economic freedom rose to the highest level in eight years in 2019, hopping up six spots on The Heritage…

8 years ago