Money & The Economy
News on Finance, Money, markets and the economy
Ted Cruz: Russia’s Oil War Is Designed To Bankrupt Small Independent American Energy Companies
Sen. Ted Cruz said Monday night that Russia’s decision to increase oil output amid a pandemic is a full frontal…
Read More »One Of The US’s Largest Natural Gas Companies Goes Bankrupt. Here’s Why Russia Is Partially To Blame
One of the largest shale drillers in the country filed for bankruptcy recently as the natural gas industry deals with…
Read More »Court Enters Final Judgment in T-Mobile/Sprint Transaction
A federal district court in Washington, D.C., concluded that the settlement reached with the merging parties and Dish Network Corp.…
Read More »The Coronavirus Stimulus Bill Is Intended To Save Small Business – But Will It Work?
President Donald Trump on Friday signed a relief package for Americans financially hurting under the coronavirus lockdown, including a stimulus…
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Which Industries are Thriving During the Coronavirus Crisis?
While the economic impacts of the coronavirus are still developing, there are plenty of industries around the world who are…
Read More » St Louis Fed President Projects Unemployment Rate Hitting 30% If Shutdowns Continue Amid Virus Panic
Federal Reserve Bank of St. Louis President James Bullard warns that the U.S. unemployment rate will soon hit 30% as…
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Hospitality Union Says Up To 90% Of Its Workers Will Lose Their Jobs
A labor union that represents 300,000 hospitality workers said Wednesday it expects upwards of 90% of its members could soon…
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Trading Halted As Stocks Nosedive Over Coronavirus Fears
The New York Stock Exchange (NYSE) paused trading on Monday after stocks plummeted more than 10% over coronavirus concerns, triggering…
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‘This Is Masochism’: Russia Wages An Oil War Against Saudi Arabia, US Amid Coronavirus Concerns
Oil prices tumbled Monday as Saudi Arabia and Russia haggle over whether to reduce crude production amid fears that coronavirus…
Read More » Trump Effect: Despite Coronavirus Fear-mongering, 273,000 Jobs Added, Unemployment At 3.5%
The U.S. economy added 273,000 jobs in February, while the unemployment rate was almost unchanged at 3.5%, according to Department…
Read More »Report: Green New Deal Will Impose A $75,000 Per Year Cost On Swing-State Households
Americans in nearly a dozen swing states could expect to spend roughly $75,000 per year if the Green New Deal…
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Stock Market Plunges Over Fears Of Coronavirus Pandemic
U.S. stocks plunged Monday morning over fears of a possible global coronavirus pandemic. The Dow Jones dropped 997 points, or…
Read More » New Map Shows How Green New Deal Could Impact Swing States
A Virginia-based GOP group launched a website Wednesday that provides voters information about how their respective states will fare if…
Read More »Conservatives Cheer Massive Sprint, T-Mobile Deal, Say Merger Injects Life Into 5G Pursuit
A judge approved Sprint and T-Mobile’s multi-billion dollar merger Tuesday, effectively creating the country’s largest wireless company as the country…
Read More »2020 Democrats’ Safety Net Plans Would Lower Wages For US Workers: Study
The plans introduced by most 2020 Democratic presidential candidates to maintain solvency for government entitlement programs would ultimately lower wages…
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