Money & The Economy

There’s A Massive Red Flag That Could Spell Disaster For Americans’ Pension Plans

U.S. government pension funds currently have the lowest cash holdings since the 2008 financial crisis, and corporate pensions’ cash holdings…

4 years ago

Automakers Could Be Forced To Cut Prices — And Profits — In 2023

Consumers might see car prices finally come down in 2023 after record-high prices in 2022, but only if automakers are…

4 years ago

Fed’s Preferred Inflation Index Cooled In November, But Core Prices Remain Stubbornly Elevated

The Federal Reserve’s preferred inflation metric, the Personal Consumption Expenditures Price Index (PCE Price Index) excluding food and energy, cooled…

4 years ago

Regulators Crack Down On Crypto Company Audits After FTX Scandal

The U.S. Securities and Exchange Commission is increasing scrutiny on firms conducting audits for cryptocurrency exchanges, due to the risk…

4 years ago

Home Sales Plunge In November As Housing Market Cracks Under High Prices

Sales of existing homes fell severely in November, but prices remained elevated compared to one year ago as demand for…

4 years ago

Digital Marketing for Your Small Business: Getting More from Your Strategy

Running a business in the modern world means that there is no getting away from investing in digital marketing. Today,…

4 years ago

Homelessness Hits 8-Year High

Homelessness in the U.S. reached an eight-year high in 2022, according to the U.S Department of Housing and Urban Development…

4 years ago

Goldman Sachs Will Slash Workforce, Cut Back On Bonuses For Underperformers

Goldman Sachs is planning to cut thousands of employees and potentially eliminate bonuses for underperformers, as the struggling investment titan…

4 years ago

‘He Has No Real Credibility’: Steve Forbes Says Fed Chair Powell Will Be ‘Late’ To Fighting ‘Unnecessary Recession’

Former presidential candidate Steve Forbes lambasted Federal Reserve Chairman Jerome Powell over the economy Thursday, saying Powell would be “late”…

4 years ago

The Fed’s Slowed, But Aggressive, Sixth Hike Closes A Historic 2022

The Federal Reserve announced a hike of 0.5 percentage points, or 50 basis points, to the baseline federal funds rate…

4 years ago