Money & The Economy
News on Finance, Money, markets and the economy
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Inflation Pauses — But Will Get Even Hotter This Summer
The Bureau of Labor Statistics released the inflation report for the month of April on its Consumer Price Index (CPI), showing it…
Read More » Small Businesses Struggle To Survive In Biden’s Economy, Optimism Hits All-Time Low: POLL
Small business owners are increasingly pessimistic about U.S. economic conditions and overwhelmingly support an expansion of domestic fossil fuel infrastructure,…
Read More »Supply Chain Crisis 2.0: Diesel Stockpiles Rapidly Dwindling, Fuel Rationing on Horizon
American diesel stockpiles have been depleted while prices have surged to record highs, leading to higher prices for consumers. “I…
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The 1.7 million workers hired in the first quarter produced negative output
Initially, the number released for economic activity in the first quarter of this year did not make sense. Total employment…
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10 Bad Habits That Are Not Good For Your Car
Bad habits can be hard to shake. This is especially true when it comes to driving. Depending on how many…
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Inflation Runs Rampant as Biden Skirts Blame On Rising Costs
Inflation eased in April, but still surged 8.3% year-over-year, a pace far above historic levels, according to a Department of…
Read More » Severance Pay is Subject to FICA Taxes
Losing a job is a fraught experience, to say the least. During those early weeks and months, whether your severance…
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EV Automaker Hailed As The ‘Next Tesla’ Is Hemorrhaging Cash And Investors
Start-up electric vehicle (EV) maker Rivian Automotive’s stock plummeted to fresh lows Monday as investors abandon the company once thought…
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Is Inflation Boosting Teen Employment?
Summer is approaching, and the summer job may be coming back in a big way for teenagers. Working full-time over…
Read More » Consumer Sentiment Toward Housing Hits Lowest Level in Two Years
Affordability Constraints Mount as Mortgage Rates and Home Prices Continue to Rise Prospective home buyers are becoming increasingly frustrated by…
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‘Signs Of Slowing’: Unemployment Remains Unchanged As Economists Predict Dim Future
The U.S. economy added 428,000 jobs in April while the unemployment rate was unchanged at 3.6%, according to Department of…
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Americans Received Over 3.9 Billion Robocalls in April
In April, Americans received over 3.9 billion robocalls, keeping 2022 on pace to hit 48 billion robocalls for the full…
Read More » Europe Unveils Russian Oil Ban, Signaling More Pain For Consumers
The head of the European Union’s (EU) executive arm proposed a complete ban on Russian oil imports within six months,…
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Biden Admin Silent On The Fate Of Major Natural Gas Pipeline As Energy Prices Soar
The Biden administration has remained silent on a key interstate natural gas pipeline facing significant permitting roadblocks. “Since the project’s…
Read More » Far-Left Dems Use Ukraine Crisis To Push For Green Energy Despite Glaring Problems
A group of six far-left Senate Democrats introduced a resolution Monday urging the federal government to quickly adopt green energy…
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