Money & The Economy
News on Finance, Money, markets and the economy
It’ll Cost One Investment Firm Roughly $1.4 Billion To Own 1/6 Of US Newspapers
New Investment Media Group agreed to spend more than $1 billion Monday on a deal that would unite two of…
Read More »Federal Reserve Cuts Benchmark Interest Rate For The First Time In A Decade
The Federal Reserve cut its benchmark interest rate Wednesday for the first time since 2008, and the president had strong…
Read More »Hacker Steals Data Of Over 100 Million Capital One Credit Card Users And Applicants
A software engineer is in custody for the suspected hacking of the data of at least 100 million Capital One…
Read More »14 Professions That Are in Decline
The new economy has caused a steady decline in the number of job openings in many of the traditional occupations…
Read More »Nissan To Cut 12,500 Jobs Due to Declining Profits
Nissan Motor Company announced plans Thursday to cut 12,500 jobs, about 9% of its workforce, amid dramatically declining profits. The…
Read More »Report: Home Prices up 3.4% in June as Supply Flattens
U.S. home-sale prices rose for the third consecutive month in June, growing 3.4 percent year over year to a median…
Read More »Watch: Why Can’t America Fill a Pothole?
Why can’t America build or repair infrastructure on a par with countries in Europe or Asia? Why are our bridges,…
Read More »Trump Effect: More Than 50 Companies — Including Apple — Rush To Pull Production Out Of China
More than 50 global companies including Apple, Nintendo and Dell are rushing to pull production out of China amid the…
Read More »Why Is AARP Sponsoring A Forum Letting Medicare For All Candidates Promote Ideas Harmful To It And Its Partners?
Every major Democratic presidential candidate is scheduled to make an appearance at AARP-sponsored health care forums in Iowa this week,…
Read More »Amazon Employees Strike During Huge Sale
Amazon employees are going on strike during Prime Day, the company’s largest annual sale, to protest working conditions, corporate environmental…
Read More »China’s Factories Are Getting ‘Desperate’ Amid Trade Tensions With The US
The largest supplier of consumer goods in the world said Wednesday that China’s factories are becoming “desperate” as they struggle…
Read More »Trump Slams India’s Tariffs On American Products, Says Country Has Been Having A ‘Field Day’
President Donald Trump on Twitter Tuesday expressed his discontent with India’s tariffs on U.S. goods. India and the Trump administration…
Read More »Democrats’ $15 Minimum Wage Bill Would Eliminate 1.3 Million Jobs, CBO Finds
House Democrats’ proposal to raise the federal minimum wage to $15 per hour would most likely leave 1.3 million Americans…
Read More »FCC robocall ruling offers hope
Seniors may get robocall relief if a new Federal Communications Commission [FCC] ruling prompts phone companies to implement technologies that…
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