Money & The Economy
News on Finance, Money, markets and the economy
-
Bidenomics: Here Are The Food Items That Will Cost More In 2022
Food items from soup to nuts are expected to get more expensive in 2022 as manufacturers target higher prices and…
Read More » US Home Prices Surged Almost 20% In October
U.S. home prices surged in October as the housing market remains strong after the COVID-19 pandemic, according to a key…
Read More »Stocks, Oil Surge To Highs As Investors Shake Off Omicron Concerns
The stock and oil markets surged Monday as investors brushed aside concerns that the Omicron variant of COVID-19 would slow…
Read More »-
Holiday Sales Surged In December Amid Supply Chain Issues And Growing COVID-19 Cases
Holiday sales surged at the fastest pace in nearly 20 years despite shoppers facing higher prices, supply issues, and soaring…
Read More » -
The Classical Economists Were Smarter than You Think
Forget everything you know about economics. In Classical Economic Theory and the Modern Economy, economist Steven Kates explains why economics…
Read More » -
Amazon Settles With Labor Board, Making It Easier For Workers To Organize
Amazon reached a nationwide settlement with the National Labor Relations Board (NLRB) late Wednesday, making it easier for Amazon employees…
Read More » -
Another Key Inflation Index Hits 40-Year High
Inflation continues to soar throughout the U.S., with the Personal Consumption Expenditures (PCE) price index increasing to the highest level…
Read More » -
Jobless Claims Remain Near Record Lows as Americans Stay Out of the Workforce
Unemployment claims totaled just 205,000 in the week ending Dec. 18, a new post-pandemic low. The Labor Department figure…
Read More » Homebuyers Moving from Blue States to Red for 4th Straight Month
Homebuyer interest in relocating to a different part of the country accelerated as the coronavirus pandemic took hold in the…
Read More »Auction Houses See Record Sales In 2021
The world’s three largest auction houses reported record sales of over $15 billion in 2021, highlighting a surge in global…
Read More »Kellogg’s Employees Agree To New Contract Ending Over 2 Month Long Strike
The roughly 1,400 striking Kellogg’s workers ended a 10-week strike and voted in favor of a new labor contract with…
Read More »-
Stock Market Tumbles as Countries Head Toward Omicron Lockdowns
The stock market tumbled Monday as COVID-19 cases surge worldwide and countries head toward lockdowns triggered by the emerging omicron…
Read More » One Of Nation’s Most Expensive Universities Tells Students To Eat Fewer Meals To Save Money
New York University, which often leaves graduates with large sums of debt, recommended that students eat fewer meals to save…
Read More »Elon Musk Reveals How Much He Will Pay In Taxes
Elon Musk, chief executive of Tesla and the world’s richest man, revealed Sunday approximately how much he would pay in…
Read More »-
The Myth of the Pay-Productivity Gap
The supposed pay and productivity gap is, in reality, a prime example of faulty statistics and sets a bad precedent…
Read More »
