Money & The Economy

Mounting Evidence Is Pointing To A Nightmare Scenario For The US Economy

The U.S. economy is showing signs of stagflation as growth slumps down and prices continue to surge for average Americans,…

2 years ago

Lobbyists Rake In Record Revenue As Americans Grapple With Declining Wages

Washington, D.C.’s biggest lobbying firms are posting record revenues as Americans feel the heat from falling wages, The Hill reported…

2 years ago

Fed’s Preferred Inflation Gauge Surges Higher In Yet Another Worrying Sign For US Economy

The Federal Reserve’s preferred inflation gauge measured above expectations in March as the U.S. continues to see a surge in…

2 years ago

Top Automaker Takes $1.3 Billion Dollar Bath On Key EV Line

Top American automaker Ford hemorrhaged over a billion dollars on electric vehicles (EV) in the first quarter, leading to massive…

2 years ago

Economic Growth Down, Inflation Up: Stagflation Ahead?

The Bureau of Economic Analysis just announced that real gross domestic product growth for the first quarter of this year…

2 years ago

Tesla Reports One Of Its Worst Quarters In Years In Latest Sign Of Trouble For EV Market

Tesla disclosed a shaky earnings report to the public on Tuesday in the latest sign of weakness in the U.S.…

2 years ago

Biden’s EV Policy Will Slow Innovation

President Biden believes that Americans should be driving electric vehicles rather than those with gasoline powered engines. His plan was…

2 years ago

Electric Vehicle Maker Launches Another Round Of Layoffs As Demand Slows

Electric vehicle (EV) manufacturer Rivian announced its second round of layoffs just this year on Wednesday as consumer demand for…

2 years ago

Home Sales Drop In March As Mortgage Rates Surge Over 7%

Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing…

2 years ago

Tesla Announces Huge Layoffs As Sales Slow

Electric vehicle (EV) maker Tesla sent an internal memo notifying staff that the company would be laying off more than…

2 years ago