Money & The Economy
News on Finance, Money, markets and the economy
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Stagflation may be here by late summer
As economic growth slows and inflation rises, the economy could see stagflation – a condition where economic growth stalls, yet…
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What Nvidia’s Meteoric Stock Rise Says About The Future Of The Economy
Nvidia posted huge fourth quarter results on Tuesday, up 265% from one year prior, launching the largest one-day single-stock rally…
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Mercedes-Benz Walks Back Huge Electric Vehicle Commitment Amid Slowing Demand
Mercedes-Benz on Thursday walked back plans to have an all-electric line-up by 2030 as consumers decline to adopt electric vehicles…
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Germany Likely In Recession, Central Bank Partially Blames Green Agenda
Germany appears to be in a technical recession thanks in part to climate policies, according to the country’s central bank.…
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‘Serious Problems’: Global Plague Of Recessions Could Infect US, Experts Say
Top U.S. trading partners, including the U.K., Germany and Japan, have recently entered recessions as inflation and high interest rates…
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Electric Vehicles Are So Unpopular That Entire Mines Are Shutting Down
A slowdown in the growth of electric vehicle (EV) demand has led to entire mines being shut down as the…
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Ridiculous Trump Verdict Catastrophic for US Economy
Recently a New York state judge ordered Donald Trump to pay $364 million as part of a fraud trial against him and…
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Top Wall Street Economist Delivers Grim Prediction On Future Recession
Andrew Hollenhorst, chief U.S. economist at Citi, predicted on CNBC Thursday that the American economy is headed for a recession,…
Read More » America’s Job Gains Reaped Largely By Immigrants, Analysis Finds
The number of immigrants working in the United States increased over the past four years while the number of working…
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Retail Sales Decline In January As Americans’ Economic Woes Persist
Consumers cut back on retail spending in January as factors like inflation and high credit card debt weighed on Americans,…
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Inflation Missed Expectations In January. Are We Just Stuck With High Inflation Forever?
The Bureau of Labor Statistics announced on Tuesday that inflation increased at a 3.1% annualized rate in January, despite widespread…
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Rich Investors Are Scooping Up Cheap Property As Commercial Real Estate Sector Suffers
Investors flush with cash are looking to buy up commercial real estate properties that developers are putting on the market…
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US Stocks Tumble After Inflation Comes In Above Expectations
Major U.S. stock indexes finished the day Tuesday with huge losses as investors reacted to inflation data that cast doubt…
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Everything You Need To Know About The Potentially Seismic Sale Of US Steel
The potential sale of one of America’s largest domestic steel producers, U.S. Steel, has raised eyebrows among lawmakers in key…
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Credit Card Debt Indicative of Inflation Psychology
When the Federal Reserve paused its interest rate increases last September, I worried that it stopped raising rates too soon.…
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