Money & The Economy
News on Finance, Money, markets and the economy
ADP: April Showed Slowest Hiring in Last 18 Months
Payroll processor ADP reported that companies hired at the slowest rate in the last 18 months. Hardest hit were manufacturing…
Read More »Greece Considers Cash Withdrawal Tax – Could it Happen Here?
Greece has revealed it is to introduce a surcharge for all cashpoint withdrawals and financial transactions in a desperate attempt…
Read More »Americans Lose Hope for Economic Rebound
A new Gallup survey shows that consumers are losing confidence in the economy at an accelerating rate. Gallup’s U.S. Economic Confidence…
Read More »Mortgage Rates Show Little Change
NEW YORK, April 23, 2015 /PRNewswire/ — Fixed mortgage rates were unchanged this week, with the benchmark 30-year fixed mortgage…
Read More »March Durable Goods Report Shows Slowing Economy
U.S. core capital goods orders, a measure of hard goods being ordered from manufacturers, fell again in March. So-called core…
Read More »Congratulations! We’ve Managed to Repeat History – Greater Depression Incoming
With businesses struggling, a run on ATM’s, banks and other cash deposits, central bank calling back cash and every day…
Read More »Is Colt Going Bankrupt?
**UPDATE – Colt has filed for Chapter 11 Bankruptcy as of 6/15/2015. The New York Times reported last week that…
Read More »Hybrid and Electric Car Sales Slowing
Car buying company Edmunds.com released data today that shows that Americans are dumping electric and hybrid vehicles for gasoline powered…
Read More »Bank Card Defaults Soar to Five Year High
Released today, the S&P/Experian Consumer Credit Default Indices showed the largest two-month increase in the rate at which consumers are…
Read More »Millennials Faring the Best Financially
NEW YORK, April 20, 2015 /PRNewswire/ — Millennials are feeling better about their finances than other age groups, according to…
Read More »China Grows at Slowest Pace Since Start of Great Recession
China is reporting that, in the first three months of 2015, it experienced the slowest growth since 2009. The National…
Read More »Economy faltering, but, but but… the stock market!
While economic news from March finally reflects the economy most Americans are living in, news stories are still painting a…
Read More »Strong Nuclear Families Are Crucial for our Economy and Society
Our contemporary immersion into political correctness and assumed “rights” regarding the basic building block of society has cumulatively, over the…
Read More »GOP Candidates Continue to Toss Money Down Cornhole
The really big difference between Republican and Democrat handout recipients is their ability to be sympathetically photogenic. When pressed, the…
Read More »Right to Work States Have Healthier Economies
This week Wisconsin became the 25th state in the union to pass and sign into law so-called “right to work”…
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