Money & The Economy
News on Finance, Money, markets and the economy
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Chinese EV Makers Post Record Sales As US Industry Continues To Flounder Despite Billions In Biden Subsidies
China is tightening a noose around the world’s EV market while American auto manufacturers are sucking wind, despite being showered…
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Leading Economist Predicts Turmoil Ahead As Trump Inherits Biden’s Economy
As President-elect Donald Trump prepares to take office, leading economist Peter Schiff warned Tuesday on Newsmax of the impending economic…
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Businesses Report Inflation Is Taking Wrench To Their Cash-Strapped Customers
Dollar stores are reporting softened demand and increased financial stress among their lower-income consumers, according to The Wall Street Journal.…
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Federal, State Judges Block Kroger-Albertsons $25 Billion Merger
Two separate rulings on Tuesday stopped the merger of supermarket giants Kroger and Albertsons in its tracks. The decisions by…
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Trump’s Economy Must Create New Capital
For decades the US has experienced a capital shortage. The result of this has been the high cost of capital…
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Thanksgiving Food Costs Still Gobble Up More Of Americans’ Paychecks Than Any Time Under Trump
The cost of traditional Thanksgiving dinner foods for American families dropped moderately this year, though it is still up nearly…
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Will the Fed’s Rate Cuts Reignite Inflation?
The Federal Reserve has said it is committed to reducing inflation from the June 2022 high of 9.1% back to…
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General Motors Cuts 1,000 Jobs Amid Push To Sell Unprofitable EVs
General Motors (GM) cut 1,000 jobs Friday as part of a broader push to cut costs and boost electric vehicle (EV)…
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RV Sales and Registration to Be Banned Across Six States As California Climate Rules Take Effect
President Joe Biden receives a briefing on climate resilience from Gov. Gavin Newsom (D-CA), during a walk along the boardwalk…
Read More » Here Comes Trump’s ‘Morning in America’ Economy
With the landslide victory in the presidential race, Donald J. Trump will be sworn in as America’s 47th President on…
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Kamala Harris’ Economic Ideas Wrong for America
The election for president of the United States will be held tomorrow. While Republican candidate, former President Donald Trump’s economic…
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Biden-Harris Admin Adds Nearly No Jobs In Last Report Before Election
The U.S. added 12,000 nonfarm payroll jobs in October as the unemployment rate remained unchanged, according to Bureau of Labor Statistics…
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Problem-Riddled Boeing Axes Entire Diversity Division
Top airline manufacturer Boeing dissolved its global diversity, equity, and inclusion (DEI) division amid significant financial losses, union strikes and…
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Major Automaker Pumps Brakes On Production Of Electric Pickup Biden Once Drove
Ford Motor Company is temporarily pausing production of its F-150 Lightning electric truck model due to lower-than-anticipated demand, according to Automotive…
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Health Care Costs Set To Surge Next Year Despite Biden-Harris Admin Promises, Study Finds
Health-benefit costs are expected to exceed salary increases despite the Biden-Harris administration claiming to have helped redress the issue, a…
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