Money & The Economy

SCORCHING: Inflation Hits New High at 8.6% in May, Worse than Expected

Americans feeling like their money didn't go far in May weren't just imagining it as inflation pushed higher than economists…

4 years ago

Shrinkflation: Products You’re Buying Are Getting Smaller—Even Though Prices Are Not

The rise in consumer prices has rightly received a great deal of attention, as inflation hovers around 40-year highs. Everyone…

4 years ago

Money Matters More than Time to Working Adults

Data reveals the expectations employees have of wages and raises amid inflation A new survey reveals thoughts on the reality…

4 years ago

New-Vehicle Prices Flirt with Record High in May

New-vehicle buyers are in an "over sticker" market, paying well above MSRP every month this yearWith low inventory and high…

4 years ago

U.S. Mortgage Lending Plummets as Recession Looms

Residential Lending Activity Down Annually by 32 PercentFastest Decline in Eight YearsNumber of New Loans Decreases for Fourth Straight QuarterRefinance…

4 years ago

Massive Oil Refinery On Track To Shut Down Amid Fuel Supply Shortages, Record Prices

A key Texas petroleum refinery that produces more than 200,000 barrels of fuel per day is facing a premature shutdown…

4 years ago

World Bank Issues Dire Economic Warning, Hints At 1970s-Era Stagflation

The World Bank cut its global growth forecast Tuesday and warned that the world economy could enter a period of…

4 years ago

Food Production Costs Skyrocket Pushing Grocery Bills Even Higher

Farmers are becoming increasingly pessimistic about their current situation and what's to come. The Purdue University/CME Group Ag Economy Barometer sentiment dropped…

4 years ago

Hot Housing Market not a Bubble, Economists Say

Strong fundamentals and credit, low likelihood of crash underpin survey results  Sixty percent of housing experts polled by Zillow don't…

4 years ago

Fox Business Host Questions Elon Musk’s Latest Twitter Move

A Fox Business Network host questioned Elon Musk’s latest moves in the ongoing Twitter deal along with other Tesla matters…

4 years ago