Money & The Economy
News on Finance, Money, markets and the economy
Cereal Giant’s Shareholders Reject Proposal For Audit Of ‘Equity’ Policies Despite Discrimination Complaints
Kellogg’s shareholders rejected a proposal to commission an audit of its equity policies to determine whether they discriminate against certain…
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‘The US Economy Is Unwell’: Wall Street Bigwigs Pour Cold Water On Biden’s Economic Optimism
President Joe Biden expressed hopefulness about the economy following a dismal GDP report on Thursday, but Wall Street executives are…
Read More » How to Make a Budget in Just a Few Easy Steps
One of the common mistakes people make is thinking that economics is the same thing as finance. Many economics professors…
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First Quarter 1.1% GDP Growth Points to a Recession
According to the Bureau of Economic Analysis, GDP growth in the first quarter of this year was 1.1%. That’s a…
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US Economic Growth Slows To A Crawl
The U.S. economy slowed to a 1.1% annual growth rate in the first quarter of 2023, according to GDP statistics…
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More Countries Flock To China’s Anti-US Dollar Alliance Ahead Of Major Meeting
Nearly twenty nations have expressed interest in joining the BRICS economic bloc, ahead of the China-led group’s annual meeting in…
Read More » Kevin McCarthy’s debt ceiling bill makes a lot of sense
Recently House Speaker Kevin McCarthy (D, CA) proposed a solution that would increase the Public Debt to $33 trillion. …
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Consumers Don’t Actually Benefit From Credit Card Late Fee Caps
The Biden administration has endorsed a proposal by the Consumer Financial Protection Bureau (CFPB) to cap all credit card late…
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‘Serious Danger’: Elon Musk Predicts Banking Crisis After Real Estate ‘Anvil’ Drops
Tesla CEO Elon Musk said during part of an interview that aired Tuesday that the banking system was in “serious…
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Two-Thirds Of Americans Say Inflation Is Gutting Their Paychecks
Continual inflation has hurt Americans, with roughly two-thirds of them reporting their wages cannot keep up, according to the most…
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Big Banks Win Big After Financial Sector’s Chaotic Start To The Year
Some of the largest financial institutions posted positive earnings despite bank turmoil during the first quarter of 2023, according to…
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It’s Tax Day. Most of Us Paid Too Much. So, How Will We Reduce the Deficit?
April 15th, Tax Day, is upon us (it’s April 18th this year.). That means our Federal Income Tax liability must be…
Read More » Biden’s ‘Green’ Manufacturing Plan Is Running Into a Huge Problem
President Joe Biden’s push to boost “green” U.S. manufacturing is facing headwinds from a lack of available real estate, Reuters…
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How Will the Fed React to the Latest Inflation, Jobs Data?
The Bureau of Labor Statistics just released the Consumer Price Index for March. Prices were nearly unchanged, increasing only 0.1%.…
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Are Options Risky to Trade? Yes and No
If you’ve ever dabbled in the stock market, you may have heard about options. Options are a special kind of…
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