Money & The Economy

‘Serious Danger’: Elon Musk Predicts Banking Crisis After Real Estate ‘Anvil’ Drops

Tesla CEO Elon Musk said during part of an interview that aired Tuesday that the banking system was in “serious…

3 years ago

Two-Thirds Of Americans Say Inflation Is Gutting Their Paychecks

Continual inflation has hurt Americans, with roughly two-thirds of them reporting their wages cannot keep up, according to the most…

3 years ago

Big Banks Win Big After Financial Sector’s Chaotic Start To The Year

Some of the largest financial institutions posted positive earnings despite bank turmoil during the first quarter of 2023, according to…

3 years ago

It’s Tax Day. Most of Us Paid Too Much. So, How Will We Reduce the Deficit?

April 15th, Tax Day, is upon us (it’s April 18th this year.). That means our Federal Income Tax liability must be…

3 years ago

Biden’s ‘Green’ Manufacturing Plan Is Running Into a Huge Problem

President Joe Biden’s push to boost “green” U.S. manufacturing is facing headwinds from a lack of available real estate, Reuters…

3 years ago

How Will the Fed React to the Latest Inflation, Jobs Data?

The Bureau of Labor Statistics just released the Consumer Price Index for March. Prices were nearly unchanged, increasing only 0.1%.…

3 years ago

Are Options Risky to Trade? Yes and No

If you’ve ever dabbled in the stock market, you may have heard about options. Options are a special kind of…

3 years ago

Johnson & Johnson Shells Out Nearly $9 Billion To Settle Cancer Allegations

Johnson & Johnson agreed to dole out $8.9 billion to numerous people who alleged the pharmaceutical giant’s talcum powder products…

3 years ago

JPMorgan Boss Warns That Banking Crisis Will Have Consequences ‘For Years To Come’

JPMorgan Chase CEO Jamie Dimon said in his annual shareholder letter Tuesday that the current fallout from the bank failures…

3 years ago

Rising Oil Prices About to Reignite Higher Inflation

OPEC+ ,which is the 13 original OPEC countries plus 10 more countries including Russia and Canada, has just announced it…

3 years ago