Money & The Economy
News on Finance, Money, markets and the economy
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Bidenomics? New Jobs Data Shows More Americans Are Struggling To Find Full-Time Work
New data from the Bureau of Labor Statistics (BLS) shows a large increase in the number of U.S. workers who…
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US Dollar At Weakest Level Against Peso In Eight Years As Biden Touts Economic Success
Mexico’s peso is currently trading at its strongest point against the U.S. dollar in nearly eight years as President Joe…
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Russia Announces Massive New Oil Cuts As Saudis Begin To Throttle Their Production
Russia announced on Monday that it will be cutting its oil production significantly, a move that comes at a time…
Read More » An After-College Financial Plan
Graduating from college is one of life’s most exhilarating events. Finishing my degree, walking the aisle in cap and gown…
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Powell Says Interest Rate Hike Is Coming, Despite Pause Last Week
Federal Reserve Chairman Jerome Powell said in a Wednesday statement that an increase in interest rates should be expected until…
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I’ve Got a Question on Withholding, People-Pleasers, Cosigning
As faithful readers know, my inbox fills up quickly. While it’s impossible to respond personally to each of your letters…
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Fed’s Pause Will Allow Inflation to Linger
Starting last June, I thought the Fed had it right and was fully prepared, as they said, to make price…
Read More » A Good Speech Is a Terrible Thing to Waste
I wasn’t invited to give a graduation speech this spring. Still, I was prepared, and since a good speech is…
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Labor Market Flashes ‘Reliable’ Recession Warning
U.S. employees are working fewer hours, which is a reliable predictor of mass layoffs, as companies brace for an economic…
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Here’s How Much The Right’s Boycotts Are Costing Brands That Went Woke
Major brands like Anheuser-Busch, Target and Kohl’s have collectively taken $28 billion in losses following boycotts over their decision to…
Read More » AT&T Closes Downtown Flagship Store In San Francisco
Telecommunications provider AT&T announced it would be closing its flagship store in San Francisco. The retail giant announced the closure…
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Is the Unemployment Rate a Deceptive Statistic?
This week for Ask an Economist, I have a question from retired CPA, Nicholas G. He asks, “why is so…
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Inflation is tame in May, but likely to accelerate. Fed must raise rates again.
According to the Bureau of Labor Statistics, the Consumer Price Index (CPI) increased by only .1% in May. For the last…
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Launching a New Business This Summer? 9 Things to Consider
Start Up Business Launch Success Device Browsing Concept The summer season can be an excellent time to launch a new…
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The debt ceiling bill shows the country is moving back to the center
Since the 1950s, the US majority was generally moderate and leaning slightly to the right (conservative). That changed in 2008.…
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