Money & The Economy
News on Finance, Money, markets and the economy
Crypto Market Sees $130 Billion Sell-Off Over Last 24 Hours
The cryptocurrency market lost nearly $130 billion in value over the last 24 hours as major digital coins continue their…
Read More »Meatpacking industry is not the cause of higher meat prices. It’s government policy.
Contrary to President Biden’s comments that the meatpacking industry is causing inflation in the price of meat, exactly the opposite…
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States See Revenues Surge From Tax Income and Federal Aid
Numerous states have seen their state revenue surge in 2021 fueled by a robust stock market, growing income, federal aid,…
Read More » Biden Effect: Farms Fail As Fertilizer Prices Soar
Soaring fertilizer prices across the globe have impacted farmers making it more expensive to produce food and forcing them to…
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Intel To Invest $20 Billion In ‘Largest’ Chip-Making Plant ‘On The Planet’
Intel announced plans Friday to invest at least $20 billion in a semiconductor manufacturing “mega-site” as part of the company’s…
Read More » Home Sales Surged To 15-Year High In 2021
U.S. existing home sales soared to a 15-year high in 2021 fueled by low interest rates and remote work, which…
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Biden’s Disingenuous Economic Analysis
During President Biden’s speech at the beginning of his recent press conference, he said a number of things that were…
Read More » Cyber Criminals Steal Millions After Hacking Popular Crypto Exchange
Hackers stole millions in digital assets from popular cryptocurrency exchange Crypto.com, the company announced Thursday. Crypto.com said in a blog…
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Jobless Claims Soar Past Economists Projections
The number of Americans who filed new unemployment claims increased to 286,000 in the week ending Jan. 15, as the…
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Huh? Procter And Gamble Says Shoppers Were Unphased by Huge Price Jumps
Procter and Gamble (P&G) reported strong earnings in the second fiscal quarter of 2022 as customers appeared unphased by the…
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Supply Chain Crisis Expected to Get Worse as Canadian Trucker Vax Mandate Kicks In
A Canadian vax mandate on truckers that took effect on Saturday is expected to make an already crippled supply chain…
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Oil Prices To Have Another Volatile Year, Top Energy Agency Projects
Oil prices are poised to have another unsteady year as increasing demand, low supply and pandemic uncertainty continue to send…
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Orange Juice Prices Expected To Soar After Worst Harvest Since World War Two
Orange juice prices are expected to soar in 2022 after inclement weather and citrus disease constrained the supply of oranges…
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Microsoft’s Massive $68 Billion Deal Risks Antitrust Danger As Regulators Promise Crackdown
Microsoft’s $68 billion acquisition of video game company Activision will likely attract scrutiny from regulators, experts say, as the antitrust…
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Luxury Car Sales Surge Amid Global Supply Chain Disruptions and Record Inflation
Luxury car sales surged in 2021 while mainstream car companies struggled amid global supply chain disruptions and soaring inflation, The…
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