Money & The Economy
News on Finance, Money, markets and the economy
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Oil Prices Plummet After Trump Announces Ceasefire
Oil prices fell well below $100 after President Trump announced a ceasefire in the Iran War on Tuesday evening. The…
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French Bank Yanks Gold Bars From US, Makes $15,000,000,000
France’s national bank removed and sold all of its remaining gold held by the U.S. Federal Reserve, netting a profit…
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Another Airline Raises Bag Fees To Offset Fuel Costs As Iran War-Induced Oil Crisis Continues
Delta Airlines will raise fees on checked bags Wednesday for passengers as fuel prices surge in the wake of the…
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California, Washington Are Nation’s Biggest Tightwads When It Comes To Tipping
California and Washington state led the nation with the lowest average tip rates at restaurants in the final quarter of…
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Leaked Goldman Sachs Document Paints Bleak Picture For World Oil Supplies
An internal note leaked on social media from Goldman Sachs on Friday warned that a prolonged closure of the Strait…
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Jobs Report Shows Economy Of Resilience
Friday’s strong jobs report smashed expectations and demonstrated that the economy and labor market are far stronger than the mainstream media suggests.…
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Flights Are About To Get More Expensive, Trump Admin Insists It’s Temporary
Airline companies warned that rates will rise due to jet fuel shortages despite the Trump administration remaining adamant that rising…
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Trump Admin’s Visa Crackdown Making It Harder For Foreigners To Take American Tech Jobs
Immigrant workers in America are far more likely to get visas for farm jobs than tech or other high-skilled positions…
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Iran War Sends Gas Over $4.00 A Gallon
Gas surged to $4 a gallon on Tuesday amid the United States’ continued conflict with Iran. The national gas average…
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Traders Made Hundreds Of Millions In Suspiciously Timed Iran Bets
Stock traders made oil bets totaling in the nine figures in a two-minute period just over a half hour before…
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US Gives OK To Buy Iranian Oil Already At Sea
The Trump administration temporarily lifted sanctions on Iranian oil Friday, allowing buyers to purchase shipments already at sea in a…
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Russian Oil Poised To Flood World Markets As Trump Admin Lifts Sanctions
The Trump administration is lifting sanctions on Russian oil to counter Iran’s stranglehold on Middle Eastern energy. The U.S. began…
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Energy Secretary Chris Wright Says Trump Admin Has Trick Up Its Sleeve To Ease Oil Price Rise Amid Iran Conflict
Secretary of Energy Chris Wright stated during a “Meet The Press” interview Sunday that the U.S. is taking several actions…
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Americans Who Say Economy, Politics Rigged Against Them Even Higher Than Right After Great Recession, Poll Shows
Most Americans think the country’s economic and political systems are rigged against them — at levels greater than in several…
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Newsom Pushes Refineries Out Of California, Blames Trump For High Gas Prices
Amid increased gas prices nationwide since the U.S. attacked Iran, Newsom is weighing a bill that could drive out the…
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