Money & The Economy
News on Finance, Money, markets and the economy
Flooded Cars Back On The Road Jumps 47% Over Past Year
Carfax is warning consumers that more flood-damaged cars have resurfaced across the country. New research from Carfax suggests that over…
Read More »Internal Report Reveals OPEC Is Concerned About Rising US Oil Production
Analysts with the Organization of Petroleum Exporting Countries (OPEC) are closely monitoring American output, warning members that rising U.S. production could…
Read More »Existing-Home Sales Decline Across the Country thanks to Fed’s rate-raising
Existing-home sales declined in September after a month of stagnation in August, according to the National Association of Realtors. All…
Read More »Nearly a Third of Americans Have Absolutely Nothing Saved
A new report from personal finance website GOBankingRates revealed that 32 percent of Americans – nearly a third of respondents…
Read More »Rents Decline Annually for the First Time in Six Years
The median rent is $1,440, 0.2 percent lower than it was in September 2017 The median U.S. home is worth…
Read More »60 Percent Of US Packages Come From China. Trump Is Moving To Change That
Roughly 60 percent of all packages shipped into the U.S. come from China, but that could change if the Trump…
Read More »The 25 Best Cities For Jobs In 2018
With more than a quarter (28.5 percent) of U.S. job applications in metro areas that would likely require people to…
Read More »Trump Effect: US Most Competitive Economy In The World For First Time Since Before Obama
The U.S. is the most competitive economy in the world for the first time since former President Barack Obama took…
Read More »Trump’s Steel Plan is Good for America
Scratching the surface, it may look bad economically. Digging deeper and his steel plan plans for a better future for…
Read More »Is Cryptocurrency Good for the World?
Recently rising in popularity, cryptocurrency may be one of the most intriguing “assets” in the world. Unlike many other investments,…
Read More »CVS acquisition of Aetna gets DOJ Blessing
CVS Health (NYSE: CVS) today announced that it has entered into an agreement with the U.S. Department of Justice (DOJ)…
Read More »James Murdoch Reportedly In The Running To Replace Musk As Tesla Chairman
James Murdoch may soon replace Elon Musk as Chairman of Tesla, after he leaves his post as CEO of 21st…
Read More »Hurricane Michael Set To Wreak Havoc On Oil And Gas Production In The Gulf
Roughly 40 percent of oil production and 30 percent of natural gas production in the Gulf of Mexico shut down…
Read More »Amazon Shifts Focus from Private Labels to Exclusive Brands
Private brand expansion has been a major priority for Amazon with several new labels being introduced every year. According to…
Read More »Trump Effect: Jobless Welfare Claims Near A Five-Decade Low
The number of Americans claiming unemployment insurance fell unexpectedly last week after side effects from Hurricane Florence drove figures up.
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