Money & The Economy

Dems, Eco-Groups At Each Other’s Throats Over Climate Plan That Will Send Energy Bills Soaring

Democratic Gov. Kathy Hochul of New York is facing stiff opposition from climate groups over her support of a measure…

3 years ago

Oil Prices Surge Following Saudi Surprise

Crude oil prices surged roughly 6% Monday morning following an unexpected Saudi-led decision by OPEC to slash oil production over…

3 years ago

Big Banks Raking In Billions Following Federal Bailouts As Smaller Banks Suffer

Bank customers moved billions of dollars in deposits from smaller institutions to larger ones during recent banking turmoil, including the…

3 years ago

Misguided DOJ Rewards America’s Problem Airlines

Economist Bruce Yandle once famously concluded that regulations are supported by two groups of people: groups that want and generally…

3 years ago

World’s Largest Crypto Exchange Sued By US Regulators

The Commodity Futures Trading Commission (CFTC) sued Binance, the world’s largest cryptocurrency exchange, and its CEO Changpeng Zhao on Monday…

3 years ago

First Citizens To Acquire Collapsed Silicon Valley Bank In Major Deal

The Federal Deposit Insurance Corporation (FDIC) announced Sunday night that First Citizens BancShares made a deal to acquire Silicon Valley…

3 years ago

How The Way You Think is Keeping You In Debt

If you're like most people, you've probably at some point in your life become deeply in debt. You spend a…

3 years ago

Major Automaker Expects It Will Hemorrhage Billions From Its Electric Vehicle Business

Ford expects to lose $3 billion on its electric vehicle department this year, the company announced Thursday. The company will…

3 years ago

Once Again, Fed Not Aggressive Enough

The Federal Reserve raised the Federal Funds Rate by 25 basis points at its March 22 meeting. Since Chairman Jerome…

3 years ago

Fed Raises Interest Rates To Highest Levels Since 2007

The Federal Reserve hiked its target federal-funds interest rate by a quarter of a percentage point Wednesday, the ninth in…

3 years ago