Money & The Economy

The Biden Admin Just Made America’s Biggest Bank Even Bigger

Federal Regulators made a deal with JPMorgan Chase to acquire First Republic Bank, allowing the biggest bank in the United…

3 years ago

Here’s How Much The Latest Bank Failure Will Cost The Feds — And How Americans Could Foot The Bill

The federal government is shelling out $13 billion to take over and sell First Republic Bank to JPMorgan Chase after…

3 years ago

Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints

Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies to determine whether they discriminate against certain…

3 years ago

‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water On Biden’s Economic Optimism

President Joe Biden expressed hopefulness about the economy following a dismal GDP report on Thursday, but Wall Street executives are…

3 years ago

How to Make a Budget in Just a Few Easy Steps

One of the common mistakes people make is thinking that economics is the same thing as finance. Many economics professors…

3 years ago

First Quarter 1.1% GDP Growth Points to a Recession

According to the Bureau of Economic Analysis, GDP growth in the first quarter of this year was 1.1%. That’s a…

3 years ago

US Economic Growth Slows To A Crawl

The U.S. economy slowed to a 1.1% annual growth rate in the first quarter of 2023, according to GDP statistics…

3 years ago

More Countries Flock To China’s Anti-US Dollar Alliance Ahead Of Major Meeting

Nearly twenty nations have expressed interest in joining the BRICS economic bloc, ahead of the China-led group’s annual meeting in…

3 years ago

Kevin McCarthy’s debt ceiling bill makes a lot of sense

  Recently House Speaker Kevin McCarthy (D, CA) proposed a solution that would increase the Public Debt to $33 trillion. …

3 years ago

Consumers Don’t Actually Benefit From Credit Card Late Fee Caps

The Biden administration has endorsed a proposal by the Consumer Financial Protection Bureau (CFPB) to cap all credit card late…

3 years ago