Money & The Economy
News on Finance, Money, markets and the economy
‘Shrinkflation’: The Latest Consequence of Reckless Federal Spending, Explained
We already know that top inflation metrics have recently surged, and executives at companies like Costco are warning that price…
Read More »What Bernie Sanders Doesn’t Understand about CEO Salaries
The Chief Executive Officers of the nation would be justified in singing along with the Coasters’ 1950s rock and roll…
Read More »Why Lifeguards in California Are Making More Than the Governor
In the summer of 1984, I desperately wanted to swim in the deep end of the water with my friends…
Read More »The Hole in ‘Kamalanomics’: A Glaring Flaw Plagues the Veep’s Plan to Restore the Economy
The Biden administration doesn’t just want the US to recover from the COVID-19 crisis: it wants to “build back better,”…
Read More »Higher Inflation Has Arrived, But Economy Unlikely To Reach 1970s Levels, Report Says
While rapidly increasing consumer prices have triggered fears that the U.S. economy may enter into a period of stagflation, it…
Read More »Costco Exec Reveals Company Is Facing Rising Inflation—And How It Could Hurt Customers
When Americans read about inflation in the newspaper or hear rising prices pop up in a policy debate, it often…
Read More »How IRS Incompetence Is Raising Americans’ Taxes this Year
The IRS is late on issuing refunds for millions of Americans this year. In April, the IRS moved 29 million…
Read More »‘Operation Warp Speed For Jobs’: Worker Shortage Is Getting Worse, US Chamber Says
The U.S. Chamber of Commerce characterized the worker shortage as a crisis that is hurting businesses of all sizes and…
Read More »I Was a Smuggler—and Make No Apologies For It
Are you in favor of smuggling or are you against it? Think carefully before you answer with a categorical “yes”…
Read More »Job Searches Increased In Republican States Canceling Federal Unemployment Boost: Report
Relative to the national trend, job searches temporarily increased in states that have announced they will no longer offer the…
Read More »‘Big Believer’: Tom Brady Just Came Out as a Crypto Fan
We can now add NFL star Tom Brady to the long list of celebrities and athletes hopping on the cryptocurrency…
Read More »What Makes Biden and Yellen’s “Global Minimum Tax” Push So Hypocritical
Imagine if oil companies got together and agreed to charge consumers no less than $3.50 per gallon for gas. Let’s…
Read More »DeSantis’s Anti-Riot Law Undermines Two Important Constitutional Freedoms
When Florida Gov. Ron DeSantis spent the last year resisting draconian COVID-19 lockdown orders, I applauded his commitment to individual…
Read More »Inflation Spiked While Personal Income Dropped Last Month, Key Economic Report Shows
A key measurement of consumer spending and personal income showed the economy experienced higher-than-expected inflation in April, according to the…
Read More »We Just Got Even More Proof Inflation is On the Rise
The most widely-used metric for price inflation hit a 12-year high in mid-May, showing that prices had risen 4.2 percent…
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