Money & The Economy
News on Finance, Money, markets and the economy
-
These 84 Places in America Are Raising Their Minimum Wages to Ring in the New Year
Two years into the COVID-19 pandemic, small businesses across the country are still struggling under the weight of government restrictions…
Read More » -
Jobless Claims Jump To 207,000, Higher Than Anticipated
The number of Americans who filed new unemployment claims increased to 207,000 in the week ending Jan. 1 as workers…
Read More » -
Top Clinton Economist Labels Biden Administration’s Proposal to Curb Inflation ‘Science Denial’
We at FEE have been discussing recent inflationary trends since May of this year. Unfortunately, it took experts several months…
Read More » -
Private Job Growth Surges In December, Doubling Expectations
Private firms’ payrolls increased by 807,000 in December, more than doubling expectations as COVID-19 cases rise, according to a major…
Read More » -
Ford To Double Electric Truck Production On High Demand
Ford will nearly double its production capacity of electric F-150 Lightning trucks to meet “soaring” demand, the company announced Tuesday.…
Read More » -
Toyota Smashes GM’s 90-Year Streak As Top US Car Seller
Japanese automaker Toyota overtook General Motors in 2021 as the top car seller in the U.S., breaking the American manufacturer’s…
Read More » -
More Job Quits Than Ever As Openings Sit Near Record Highs
A record number of American workers quit their jobs in November 2021 as the gap between available jobs and potential…
Read More » Tesla Shatters EV Vehicle Delivery Record, Beats Projections
Electric vehicle maker Tesla shattered previous product delivery records in the final quarter of the year and all of 2021,…
Read More »-
Bank Accidentally Gives Away $175 Million
A bank in the U.K. accidentally gave out the equivalent of $175 million to customers in an error on Christmas…
Read More » Many US Shoppers Racked Up Debt This Holiday Season
Many U.S. consumers racked up debt this holiday season, and most of them won’t be able to pay it off…
Read More »-
Labor Crisis: Jobless Claims Remain Near 52-Year Low
The number of Americans who filed new unemployment claims decreased to 198,000 in the week ending Dec. 25 as employers…
Read More » Musk Unloads Another $1 Billion In Company Stock
Tesla chief executive Elon Musk sold another roughly $1 billion in Tesla shares, nearing his apparent target of selling 10%…
Read More »-
2022: More growth, much more inflation, much higher interest rates
When the final numbers for 2021 are in, we are likely to see that annual growth was 5.5% and the…
Read More » Nasdaq Expected To Underperform The S&P 500 For First Time In Over 5 Years
The Nasdaq Composite, a technology-heavy index of publicly-traded companies, is set to underperform the S&P 500 for the first time…
Read More »-
Gas Prices Set To Surge Again, Industry Analysis Shows
The price of gasoline is set to increase to $4 per gallon or more within five months, according to an…
Read More »
