Money & The Economy
News on Finance, Money, markets and the economy
Georgia Matters: Biden Pledges To Hike Taxes to Bush Administration Levels
President-elect Joe Biden in a Wednesday interview said “there’s no reason why” his administration shouldn’t raise both corporate and individual…
Read More »New Unemployment Claims Decrease To 712,000, Beating Expectations
The number of Americans filing new unemployment claims decreased to 712,000 last week as the economy continued to suffer the…
Read More »DHS Blocks Cotton Imports From Chinese Slave Labor Camps From Entering US
Cotton products manufactured through slave labor in China will be detained upon entering the U.S., officials announced Wednesday. The Nov.…
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Biden’s Economic Team Is Wrong: Deficits, Public Debt Matter
Recently a panel of distinguished economists who will likely advise Joe Biden, met virtually at the Brookings Institute to discuss the impact…
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Biden Holds Virtual Event on Economic Impact of COVID-19 – 12/2/20
Joe Biden participates in a virtual roundtable on the economic impacts of COVID-19 lockdowns. “We’re facing the worst economic crisis…
Read More » Financial Tips for Seniors
1.Create a Budget, Stick to It, and Track Your Expenses Making a budget is one of the most important things…
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Disney To Lay Off 32,000 Workers As Coronavirus Devastates Theme Parks
Disney is preparing to lay off 32,000 employees as the coronavirus pandemic continues to keep visitors away from theme parks.…
Read More » New Unemployment Claims Increase To 778,000, Missing Expectations
The number of Americans filing new unemployment claims increased to 778,000 last week as the economy continued to suffer the…
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Dow Jones Stock Market Index Hits All-Time High, Surpasses 30,000
The Dow Jones Industrial Average surged more than 400 points Tuesday morning surpassing 30,000 for the first time in the…
Read More » New Unemployment Claims Increase To 742,000, Missing Expectations
The number of Americans filing new unemployment claims increased to 742,000 last week as the economy continued to suffer the…
Read More »Labor Arbitrator Orders NYC Hotels To Pay $500 Million To Employees Affected By Pandemic
New York City hotel owners were ordered to pay employees affected by the coronavirus pandemic more than $500 million in…
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US, Global Markets Surge Following Latest Vaccine News
U.S. and global markets surged Monday morning after American pharmaceutical company Moderna reported positive results from its large-scale coronavirus vaccine trials.…
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Biden Is Wrong: A $15 Minimum Wage Would Hurt Far More People Than It Would Help
Presidential nominee Joe Biden wants to raise the minimum wage to $15 per hour. Biden says that all workers should be able to earn…
Read More » New Unemployment Claims Fall To 709,000, Beating Expectations
The number of Americans filing new unemployment claims decreased to 709,000 last week as the economy continued to suffer the…
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Department of Defense Announces Cost of Living Increase to Retired Pay
Today, the Department of Defense announced annual cost of living adjustments that will benefit military retirees and survivors during calendar…
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