Money & The Economy
News on Finance, Money, markets and the economy
A Court Decision May Leave Coal Plants Across The Country Shut Down
A group representing electric utility companies is warning a federal court that a decision regarding coal ash dumps could lead…
Read More »What Shutdown? 82 Percent Of Small Businesses Are ‘Unaffected’ By Federal Lapse, Study Says
Most small businesses are “unaffected” by the federal government shutdown that is stretching into its fifth week, according to a…
Read More »California Utility Tells Customers To Cut Gas Heating As Winter Weather Rolls In
Southern California Gas Co., a natural gas utility, issued a “Dial It Down” alert to customers Monday, asking them to…
Read More »Trump Credits Tariffs For Slowing Chinese Economy, Encourages Them To Make ‘Real Deal’ On Trade
President Donald Trump credited his tariff policy as the reason for China’s slumping economy and is pressuring them to quit…
Read More »China’s Economy Hits A Low Not Seen Since 1990 Amid Tarrif Fight With Trump
China’s economy slowed dramatically during 2018, dropping to its lowest point in nearly 30 years as the communist country continues…
Read More »Walmart And CVS Caremark Walk Back Pending Pharmacy Split
CVS officials said the company’s pharmacy benefit management division and Walmart were splitting over a price dispute Tuesday. The organizations…
Read More »Drug Companies Used Shortages, Recalls To Hike Prices As Much As 1,137 Percent, Report Finds
Drug companies raised prices on approximately one-third of the nearly 120 drugs classified as currently or recently in shortage after…
Read More »Experts: US Oil Boom Is Defying Expectations
The United States is expected to churn out far more oil this year than what international analysts originally forecasted. The…
Read More »Home Price Growth Hit Six-Year Low in December as Sales Fell 11 Percent
U.S. home-sale prices increased just 1.2 percent in December compared to a year ago to a median of $289,800, according to…
Read More »Small Business Owners Have ‘Grave Concerns’ Over Democrats Proposed Minimum Wage Hike
House Democrats introduced a bill Wednesday that raise the federal minimum wage to $15-an-hour by 2024. Small business owners have…
Read More »US Oil Boom Is Headed Into Uncharted Territory — 12 Million Barrels Per Day
American energy is poised to boom in 2019, according to a federal report projecting crude oil output will average more…
Read More »China’s Top Economic Official Is Coming To The US In Hopes Of Ending Trump’s Tariff War
Chinese Vice Premier Liu He is officially set to visit the United States to help negotiate an end to the…
Read More »California Faces New Energy Crisis After State’s Largest Utility Files For Bankruptcy
California faces a new energy crisis with the bankruptcy of its biggest utility, Pacific Gas & Electric. PG&E has at…
Read More »Drug Pricing War Leads CVS And Walmart To Part Ways
Walmart and CVS Health’s pharmacy benefit management (PBM) division announced they’re parting ways Tuesday, meaning that most people who have…
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