Money & The Economy
News on Finance, Money, markets and the economy
An Economic Ticking Time Bomb Could Go Off In The Middle Of The 2024 Election
About $1.5 trillion in commercial real estate mortgages will come due over the next two years, spelling a major risk…
Read More »-
‘Much Worse Than Expected’: CNBC Anchor Points Out Key Jobs Data Hinting At Possible Recession
CNBC anchor Kelly Evans reacted to a jobs report released Friday by saying the unexpectedly high unemployment rate increase may…
Read More » -
The Debt Deal Can and Should Be Passed by Congress
House Speaker Kevin McCarthy and President Biden just announced that they have reached a deal to raise the debt ceiling.…
Read More » -
Six Common Money Blunders
I could be wrong, but I’m going to guess you’ve made a money blunder or two in your life. For…
Read More » -
Smoke at the Pentagon? Why D.C. must address market manipulation
New images of smoke billowing from the Pentagon, reportedly from an explosion, sent the stock market into a panic this past week.…
Read More » -
Are You Financially Literate? Answer These 5 Questions to Find Out
“Money is a very powerful thing, which you hardly notice when it goes right, but which can create havoc when…
Read More » -
Why Does the Federal Reserve Target 2% Inflation?
This week I have a question from Eugene from Missouri about the Federal Reserve. He asks, “we often read that…
Read More » -
4.9% CPI Proves Fed Must Be More Forceful in Fighting Inflation
The Bureau of Labor Statistics just released the Consumer Price Index for April. The CPI increased by 0.4%, bringing the 12-month inflation…
Read More » How to Set Up an Automatic Payment Plan
Creditors, especially banks and credit card issuers, are unbelievably sensitive to whether you pay your bills on time. So is…
Read More »-
Biden’s Economy Hurtles Toward Recession With Latest Jobs Report
Today’s jobs report shows the downward slide of the labor market continues, with the number of new jobs created…
Read More » -
‘You Should Be Worried’: Fox Business Reporter Warns That Over A Dozen Regional Banks Are ‘Very Impaired’
Fox Business reporter Charlie Gasparino said Thursday that multiple sources told him that over a dozen regional banks are “very…
Read More » -
Fed Hikes Rates To Highest Levels Since Eve Of 2008 Financial Crisis
The Federal Reserve hiked its benchmark federal funds rate by a quarter of a percentage point on Wednesday, the 10th…
Read More » -
Why the Federal Reserve Pays Interest to Your Bank—and You Get Nothing
I think the average American does not know that the US Federal Reserve currently pays 4.90% interest to banks on…
Read More » -
The Biden Admin Just Made America’s Biggest Bank Even Bigger
Federal Regulators made a deal with JPMorgan Chase to acquire First Republic Bank, allowing the biggest bank in the United…
Read More » -
Here’s How Much The Latest Bank Failure Will Cost The Feds — And How Americans Could Foot The Bill
The federal government is shelling out $13 billion to take over and sell First Republic Bank to JPMorgan Chase after…
Read More »
