Money & The Economy
News on Finance, Money, markets and the economy
US Tariffs Trigger Sharp Decline In Chinese Imports, Trade
Tariffs placed on Chinese products triggered a decline in the amount of goods imported from China to the U.S. as…
Read More »New Federal Aid Is ‘Broad and Flexible,’ except Where It’s Not
Earlier this year, President Biden signed a $1.9 trillion COVID relief law known as the American Rescue Plan. As part…
Read More »Consumer Prices Increase 4.2%, Highest Rate Of Inflation Since 2008
The consumer price index has jumped 4.2% over the last 12 months, the fastest pace of inflation since 2008, according…
Read More »Democrats See Economic Chaos As Opportunity For More Government Spending, Welfare Programs
President Joe Biden and other Democratic leaders have pushed for more government spending after a string of news that showed…
Read More »Biden Says ‘Generous’ Unemployment Benefits Not Responsible for Biggest Jobs Report Miss in History. He’s Wrong
Following a dismal April jobs report, President Joe Biden took to the podium Monday to defend his administration’s economic policies.…
Read More »Alabama Becomes Latest State To End $300 Unemployment Bonus
Alabama will soon cease participating in the federal government’s unemployment insurance program that grants out-of-work Americans an extra $300 per…
Read More »A New Survey Just Proved Critics of ‘Super-Charged’ Unemployment Welfare Right
With COVID cases falling and states across the country reopening, the economy should be rebounding. But the latest jobs data…
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April Job Growth Was Far Short Of Expectations
Experts gave varying explanations after the Department of Labor reported a meager April jobs report that fell far short of…
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Two Historic Business Flops by Legendary Entrepreneurs Reveal a Poignant Truth About Failure
In this essay, I want to tell readers about two of the last century’s big and fascinating business failures. But…
Read More » Fed’s Miscalculation of Inflation Could Be Very Costly Next Year
The Federal Reserve (Fed) continues to say that the sharp rise in the inflation rate is temporary. Inflation will subside…
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John Hopkins Economist: True Cost of Biden’s Spending Plans Could Be $17.1 Trillion
In just his first 100 days, President Biden has rolled out ambitious spending plans meant to vastly increase federal funding…
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Biden’s Families Plan Would Cause Negative Economic Growth, Analysis Shows
President Joe Biden’s American Families Plan is more expensive than the White House said and would trigger negative growth, according…
Read More » US Businesses Are Closing Because They Can’t Find Anyone to Work. Here’s Why
For the last 10 years, Larry and Roxane Maggio ran a deli—Ludovico’s—in downtown Haddonfield, a borough in New Jersey. Last…
Read More »What Marianne Williamson Gets Wrong About Competition
Marianne Williamson is no stranger to progressive politics. Known as Oprah Winfrey’s spiritual advisor, she has written extensively about her…
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Consumer Prices Have Skyrocketed In Recent Months. Experts Say It’s Just The Beginning
Consumer prices in the U.S. have skyrocketed across multiple industries as the federal government mulls injecting further stimulus into the…
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