Money & The Economy
News on Finance, Money, markets and the economy
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Here’s How Federal Financial Regs Unleashed Chaos For Traders Using Robinhood
Over the past year, shares of Berkshire Hathaway have traded at historically high levels, a surge likely due to Robinhood…
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Degree Snobbery is What’s Really Causing the Talent Crunch
Nearly two-thirds (65 percent) of employers are struggling to find talent62 percent of employers require a degree for entry-level jobs,…
Read More » Inflation and market decline are causing people to rethink retirement
Gas prices, recession fears, and interest rates spark caution about job changes ., maker of America’s best-selling personal finance software,…
Read More »California’s New Pro-Union Law Could Grind The Supply Chain To A Halt
California truckers are protesting against AB 5, a new regulation that would reclassify them as employees rather than independent contractors.…
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‘A Definite Slowdown’: Business Owners Say They’re Already Seeing Signs Of Recession
Companies of all sizes are pointing to slower business, inflation and profit declines as evidence the economy is heading toward…
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China’s Economy Craters As Severe Lockdowns Continue
China’s economy grew by just 0.4% year-over-year for the second quarter of 2022, according to data released by China’s National…
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Major US Bank Sees Profits Nosedive As Recession Fears Grow
JPMorgan Chase, the largest U.S. bank, announced a 28% decline in its second-quarter profits Thursday as economists’ fears of recession…
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Inflation Is Hitting Producers Even Worse Than Consumers, New Data Shows
Inflation measured by the Producer Price Index (PPI) reached 11.3% year-over-year in June, increasing by 0.4% from May, according to…
Read More » Home Prices Continued Near-Record High Growth in the Second Quarter
Single-family home prices increased at the annualized rate of 19.4 percent in Q2 2022, down slightly from the previous quarter’s…
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New Fund Focuses On Profits, Not Activism
Investors might soon have the option to put their money in a new exchange-traded-fund (ETF) that would exclusively include American…
Read More » Americans Putting Home, Car Purchases on Hold Due to Uncertainty
Data shows consumers are also pulling back on driving, eating out, and purchasing food items they would regularly buy A…
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Inflation Soars. Stagflation & Recession Are Here Now, Too.
The U.S. government just announced that overall prices increased by 1.3% from May to June. That means inflation in the…
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‘This Is Catastrophic’: Here’s How Much Poorer Americans Have Gotten Since Biden Took Office
Under the Biden administration, skyrocketing fuel costs and exploding inflation are hurting everyday Americans the most, according to an economist…
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The White House Is Already Trying To Take Credit For Falling Gas Prices. Here’s Why That’s Malarkey
A Biden administration economic official credited President Joe Biden’s policies for a recent decrease in gas prices despite the fact…
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‘We’ve Lost Several Hundred Jobs A Day’: Economist Finds Red Flags In Biden’s Positive Jobs Report
An economist for The Heritage Foundation poured cold water on President Joe Biden’s seemingly positive jobs report, citing the potential…
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