Money & The Economy
News on Finance, Money, markets and the economy
Congress Wants Thousands More Acres Under Federal Control, but US Can’t Afford It
A lengthy public lands package sitting in Congress adds hundreds of thousands of acres of federally protected wilderness without securing…
Read More »Report: Sales of New Homes Down 8% in January
Sales of new single-family homes fell 8 percent year over year in January, fifth consecutive month of year-over-year declines in…
Read More »Late-Night Deal Breaks Deadlock Over Natural Gas Exports. The Trump Administration Is Ecstatic
The Federal Energy Regulatory Commission broke its deadlock over approving liquefied natural gas terminals. Commissioners hashed out a bipartisan agreement…
Read More »US Oil Output Hits 12 Million Barrel-A-Day Milestone Way Ahead Of Schedule
U.S. crude oil production hit 12 million barrels per day in mid-February, according to the Energy Information Administration’s (EIA) latest…
Read More »Southwest Grounds Hundreds Of Flights Amid Union Fight
Southwest Airlines saw an unusual spike in maintenance issues on its aircrafts “just days after our last negotiations session” with…
Read More »Tesla Loses Yet Another Top Executive
Tesla’s general counsel Dane Butswinkas is leaving his post in the electric car company after just two months on the…
Read More »US Oil Production On Track To Hit Another Milestone
The United States is forecasted to reach another milestone in oil output next month thanks to rising production in the…
Read More »Illinois Nearly Doubles Its Minimum Wage To $15
Democratic Illinois Gov. J.B. Pritzker signed a bill Tuesday raising the state’s minimum wage from $8.25 an hour to $15…
Read More »While January Home Price Growth Edged Up Nationally, West Coast Saw Red
Homebuyers are in the strongest position in years Supply of homes for sale grows at fastest rate since May 2015…
Read More »Most Companies Will Use More ‘Gig Workers’ Over Next Five Years
60% of companies surveyed expect to increase use of contract labor A semi-permanent workforce is becoming the norm Company decision…
Read More »Ocasio-Cortez’s Dream Of ‘Greening’ Every American Home Has A Massive Price Tag
The Green New Deal could cost American families $244 billion just to replace four appliances. Roughly half of U.S. homes…
Read More »Green Raw Deal? Cities And States Scale Back ‘Green’ Ambitions As Costs To Taxpayers Rise
Cities and states are having a hard time trying to implement climate policies laid out in the Green New Deal.…
Read More »Rural America Is Going Bust As Farm Bankruptcies Soar
U.S. farmers are filing for Chapter 12 bankruptcy at the highest rate in at least a decade as agriculturists feel…
Read More »Trump Says US Is ‘A Lot Closer Than We Ever Were’ to China Trade Deal
President Donald Trump on Friday extolled the progress U.S. and Chinese negotiators have made as they work to reach a…
Read More »Powerhouse Financial Company To Launch Its Own Version Of Bitcoin After Its CEO Called The Cryptocurrency ‘Fraud’
Financial powerhouse JPMorgan is launching its own version of bitcoin, CNBC first reported Thursday — even though JPMorgan CEO Jamie Dimon…
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