Money & The Economy

Wall Street Investors Are Snatching Up Single-Family Homes And Taking Over The Rental Market

Institutional investors, such as banks and large real estate firms, are on track to own 40% of single-family rentals in…

4 years ago

Fed’s Favorite Inflation Index Blew Past Expectations In January

The Federal Reserve’s preferred measure of inflation, the personal consumption expenditures (PCE) price index, surged past economists’ expectations in January,…

4 years ago

Why a Big Tax Refund Shouldn’t Excite You

It’s the dreaded season once again. About this time of year, I usually write something about taxes. What can I…

4 years ago

Consumer Prices Rose 0.5% in January. Fed Must Get More Aggressive

The Bureau of Labor Statistics just released the Consumer Price Index for the month of January. The CPI rose 0.5% while the…

4 years ago

Inflation Stays Hot In January, Surging Past Expectations

Inflation accelerated on a monthly basis in January, surging past investor expectations as prices continue to climb, according to the…

4 years ago

POLL: Americans Haven’t Been This Down On Their Personal Finances Since The Great Recession

Half of Americans say they are financially worse off now than a year ago, one of the few times 50%…

4 years ago

US Notches Record Trade Deficit In 2022 — Thanks Partly To China

The U.S. trade deficit increased to its highest recorded level in 2022, thanks in part to a surging trade deficit…

4 years ago

Latest Data Indicates Fed Must Be More Aggressive

After a shockingly irresponsible monetary policy in 2021, which greatly contributed to the record high inflation, the Fed finally realized…

4 years ago

A National Sales Tax is a Bad Idea. Here’s a Better One.

The Republicans recently suggested replacing Federal income taxes with a 30% sales tax on all consumption. After careful consideration, the…

4 years ago

What Another Fed Interest Rate Hike Means For You

The Federal Reserve is likely to further slow its historically aggressive pace of interest rate hikes at its Wednesday meeting…

4 years ago