Money & The Economy

California’s New Pro-Union Law Could Grind The Supply Chain To A Halt

California truckers are protesting against AB 5, a new regulation that would reclassify them as employees rather than independent contractors.…

4 years ago

‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession

Companies of all sizes are pointing to slower business, inflation and profit declines as evidence the economy is heading toward…

4 years ago

China’s Economy Craters As Severe Lockdowns Continue

China’s economy grew by just 0.4% year-over-year for the second quarter of 2022, according to data released by China’s National…

4 years ago

Major US Bank Sees Profits Nosedive As Recession Fears Grow

JPMorgan Chase, the largest U.S. bank, announced a 28% decline in its second-quarter profits Thursday as economists’ fears of recession…

4 years ago

Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows

Inflation measured by the Producer Price Index (PPI) reached 11.3% year-over-year in June, increasing by 0.4% from May, according to…

4 years ago

Home Prices Continued Near-Record High Growth in the Second Quarter

Single-family home prices increased at the annualized rate of 19.4 percent in Q2 2022, down slightly from the previous quarter's…

4 years ago

New Fund Focuses On Profits, Not Activism

Investors might soon have the option to put their money in a new exchange-traded-fund (ETF) that would exclusively include American…

4 years ago

Americans Putting Home, Car Purchases on Hold Due to Uncertainty

Data shows consumers are also pulling back on driving, eating out, and purchasing food items they would regularly buy A…

4 years ago

Inflation Soars. Stagflation & Recession Are Here Now, Too.

The U.S. government just announced that overall prices increased by 1.3% from May to June. That means inflation in the…

4 years ago

‘This Is Catastrophic’: Here’s How Much Poorer Americans Have Gotten Since Biden Took Office

Under the Biden administration, skyrocketing fuel costs and exploding inflation are hurting everyday Americans the most, according to an economist…

4 years ago