Money & The Economy
News on Finance, Money, markets and the economy
US-China Truce Improves Ratings in Forex Markets
The US forex market jumped Tuesday on hopes of a truce between the United States and the Republic of China.…
Read More »Despite Tariffs, American Farmers Still Support Trump
American farmers are sticking behind President Donald Trump despite a trade agenda that makes selling produce to foreign countries more…
Read More »Fiat Chrysler Slapped With $650 Million Fine For Emissions Scandal
Fiat Chrysler has agreed to pay over half a million dollars in fines for using illegal software that produced inaccurate…
Read More »Ford Is Slashing Jobs And Cutting Production But Not In The US
Ford Motor Company is overhauling its operations in Europe, potentially cutting thousands of jobs, closing factories and shutting down production…
Read More »The Next Phase Of The US-China Trade Negotiations Begins
One tumultuous chapter of trade deliberations between the U.S. and China has ended, with both sides now hopeful that a…
Read More »20 Percent Of Millennials Expect To Die Before Ever Paying Off Their Debt
One in five Millennials believe their only respite from debt will be death, according to a new report from Northwestern…
Read More »Customers Are Paying Nearly 100% Of Seattle’s New Soda Tax, Study Says
Seattle soda drinkers are paying nearly every penny of a tax on sugary drinks that the city council put in…
Read More »US Steel Prices Dip Below Pre-Tariff Levels
The price of steel in the United States has fallen below levels prior to President Donald Trump’s announcement of a…
Read More »New York City’s Minimum Wage Increase Is Crushing Small Businesses
New York City hiked its minimum wage for the third time in three years on Jan. 1 and small business…
Read More »Conservatives Give Congress Their Top Ten Energy Priorities In 2019
The free-market think tank Competitive Enterprise Institute (CEI) released its conservative list of demands for policymakers on energy and environment…
Read More »Starbucks Plans To Sell Mixed Drinks In Upscale Cafes; Faces Challenges From Within
Starbucks CEO Kevin Johnson is scaling back the vision of his predecessor to revamp the coffee chain’s sales and expansion…
Read More »Tax Refunds Will Be Paid During Shutdown, White House Says
The White House’s Office of Management and Budget said tax refunds will still be paid out by the IRS, despite…
Read More »Taxing The Rich Probably Isn’t Enough To Fund Ocasio-Cortez’s ‘Green New Deal.’ Who Else Would See Higher Taxes On?
Rep. Ocasio-Cortez’s call for “60 or 70 percent” top tax rates likely won’t pay for a “Green New Deal.” Democrats…
Read More »2019 Rig Count Outlook Foreshadowed by Borrowing Base Cuts, Price Drops & Seasonal Dip in Rigs
The total U.S. rig count for December 2018 was 1,147, down 36 (-3%) from November 2018, and up 117 (+11%) from December 2017, according…
Read More »Trump Effect: New Jobs Report Astounds Experts, Blows Out Expectations
On Friday, the Labor Department released the jobs report for December – and it’s amazing. The economy added 312,000 new…
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