Money & The Economy

There’s A Massive Red Flag In October’s Rosy Job Report

Despite a seemingly strong October jobs report by payroll firm ADP, a spike in the service sector overshadowed broad weakness…

4 years ago

GOP is right: Social security and Medicare must be saved

Recently Congressman Steve Scalise was asked about the GOP plan for Social Security and Medicare. He defended the GOP position…

4 years ago

3Q GDP Growth Positive — But Problems Loom

Recently released data indicates that the U.S. economy grew at a 2.6% rate in the third quarter of this year. That data…

4 years ago

‘The Party Is Over’: Expected GDP Spike Doesn’t Spell Good News, Economists Say

Gross domestic product (GDP) is expected to spike in the third quarter, but that isn’t likely to help consumers in…

4 years ago

Housing Market Is About To Fall Off A Cliff, Economist Says

The price of residential homes could fall by as much as 20% next year off the back of mortgage rate…

4 years ago

Vacancies Skyrocket As Renters Abandon The Market

Elevated rental prices are pushing apartment vacancy rates up, following a pandemic-related housing boom, the Wall Street Journal reported Tuesday.…

4 years ago

How I Paid Off $20,000 in Debt in 6 Months

It seems as if it’s almost impossible for Millenials and GenZ to get ahead financially these days. Record inflation, insane…

4 years ago

‘Clearly Unstable’: New Data Suggests U.S. Manufacturing Could Be On The Brink Of Collapse

U.S. manufacturing showed signs of a downturn as the fourth quarter began, with an early estimate of S&P Global’s Manufacturing…

4 years ago

JPMorgan President Warns The Worst Is Yet To Come For US Economy

Daniel Pinto, president of investing giant JPMorgan, has warned that the economy hasn’t yet hit bottom, urging the Federal Reserve…

4 years ago

If Republicans Win, Inflation Will Ease Extensively

President Biden recently said, “If the Republicans win, inflation’s going to get worse.” Judging by the trend in nearly all…

4 years ago