Money & The Economy
News on Finance, Money, markets and the economy
China Owes $1 Trillion to Americans Holding Antique Chinese Bonds
By Tim Nerozzi For some people, they are collector items. For the Trump administration, antique bonds held by a group…
Read More »Boeing Cancels Controversial Satellite Order Funded By China
Two Americans wanted to create a satellite in an effort to increase internet access in Africa, but their project quickly…
Read More »November Jobs Report: 155,000 Jobs Added, Unemployment Steady At 3.7 Percent
The U.S. economy added 155,000 jobs through the month of November and the unemployment rate held steady at 3.7 percent,…
Read More »DOI Discovers Largest US Oil And Gas Reserve Ever Found In New Mexico
New Mexico and West Texas are sitting on a bonanza of potentially recoverable oil and gas reserves in the Delaware…
Read More »‘What Winning Looks Like’: US Net Oil Imports Hit 40-Year Low
U.S. net oil imports were just above 4 million barrels per day during the last week of November, according to…
Read More »Extending GM’s Electric Vehicle Tax Credits Could Blow A Huge Hole In Taxpayers’ Wallets
Removing the cap on General Motors’ electric vehicle tax credits could cost taxpayer’s billions of dollars over the next decade,…
Read More »Report: California’s Climate Crusade Is Hurting Black Americans
A new report finds that climate change-related regulation in Democratic-controlled states is negatively impacting minority communities, while not effectively lowering…
Read More »Trump’s EPA Moves To Repeal Obama’s ‘De Facto Ban’ On New Coal Plants
EPA will undo an Obama-era mandate that new coal plants install costly technology to capture emissions. The Obama administration imposed…
Read More »Canada Worries Trump Could Strike Back After Alberta Cut Oil Production
A former Alberta trade envoy to the U.S. worries President Donald Trump could retaliate against Canada after Alberta chose to…
Read More »Trump Has Another Plan Up His Sleeve To Rescue Ailing Coal Plants
The Trump administration is reportedly preparing to give the coal industry a boost by rolling back another Obama-era environmental regulation.…
Read More »Varney Explains Stock Dive: Not a Sign of a Recession
Fox Business host Stuart Varney explained why the stock market dropped nearly 800 points on “Fox & Friends” Wednesday and…
Read More »New Study Reveals Amazon’s Quiet Shift Toward ‘Pay-to-Play’ Platform
A new study has found that Amazon’s focus on sponsored placements is transforming the ecommerce platform into a ‘pay to…
Read More »Small Businesses Make Final Push For Health Insurance Tax Reprieve Before Lame Duck Congress Ends
Business advocates are making a final push to the lame duck Congress to delay a tax on health insurance providers…
Read More »‘Business As Usual’ Is Over — Trump’s Tariffs Lead American Companies To Move On From China
While the recent capitulation by President Xi Jinping has sparked a thaw in U.S.-China relations, experts contend that the relationship…
Read More »Shell Caves to Activist Investors, Sets Goals for Carbon Emission Cuts
Shell is preparing to set strict carbon emissions targets in 2019 amid intense pressure from activist shareholders who believe energy…
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