Money & The Economy
News on Finance, Money, markets and the economy
Share of Homes Sold Above Asking Price Hits Two-Year Low
Only 19 percent of homes sold in the U.S. in December fetched more than their list price, and the rate…
Read More »Over Half Of US Coal Mines Have Closed Since 2008
The number of active coal mines in the U.S. have shuttered dramatically, with half of the mines operational a decade…
Read More »Audi Managers Charged in Conspiracy to Cheat U.S. Emissions Tests
Four Audi managers, including a former member of Audi AG’s management board, were charged in an indictment filed on Jan.…
Read More »Bankrupt California Utility Is Shedding Over $40 Billion Worth Of Green Energy Contracts
Pacific Gas and Electric (PG&E) may shed more than $40 billion worth of power purchase agreements after the California utility…
Read More »Trump Effect: Private Sector Employment Increased by 213,000 Jobs in January
Private sector employment increased by 213,000 jobs from December to January according to the January ADP National Employment Report®. Broadly distributed…
Read More »Trade War De-escalation: China’s Congress to Vote on Foreign Investment Law
China’s National Peoples Congress is set to vote in March on legislation which will ban forced technology transfers and “illegal”…
Read More »Trump Just Secured Another Major Trade Victory
The European Commission approved U.S. soybeans to be used in the production of biofuels, a decision that will fulfill President…
Read More »California’s Largest Utility Goes Bankrupt Under Billions In Wildfire Debt
Pacific Gas and Electric (PG&E), California’s largest utility company, filed for bankruptcy at midnight on Tuesday, seeking to escape potentially…
Read More »Under Trump, US Economic Freedom Rises Significantly
U.S. economic freedom rose to the highest level in eight years in 2019, hopping up six spots on The Heritage…
Read More »Head of the Class: Ford, Mercedes-Benz Named Valedictorians in New Retail Brand Scorecards Study
Top scoring brands in the new study include Acura, BMW, Chevrolet, Ford, Honda, Lexus, Mercedes-Benz and Toyota Study measures and…
Read More »US To Achieve Energy Independence By 2020, EIA Says
The U.S. will become “energy independent” by 2020, according to a new Energy Information Administration (EIA) forecast released Thursday. EIA…
Read More »10 Steps to Achieve Financial Freedom This Year
Following the holiday spending ‘hangover,’ 2019 presents a clean slate for consumers to get their finances in order, says CFP…
Read More »Home Value Appreciation Slowed in Most Major Markets
Seattle and San Jose saw the biggest declines in appreciation over the year, but Indianapolis and Atlanta accelerated. Home value…
Read More »Where to Buy Altcoins with Fiat Safely?
The cryptocurrency market is huge with over 2,000 altcoins available across exchanges. Some of them are trying to improve upon…
Read More »Trump Signed Executive Actions On The Keystone XL Pipeline Two Years Ago. It’s Still Not Built
Two years after President Donald Trump ordered Keystone XL’s approval, the pipeline still isn’t built. Keystone XL has been held…
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