Money & The Economy
News on Finance, Money, markets and the economy
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Gas Soars To $7.59 A Gallon In California Town As Prices Hit Multi-Year Highs Nationwide
The price of gasoline in a remote California town reached $7.59 per gallon this week as energy costs continue to…
Read More » Weekly Jobless Claims Drop To 290,000
The number of Americans who filed new unemployment claims decreased to 290,000 last week as employers attempt to hold onto…
Read More »Fake Company Tricks Influencers, Others Into Investing Half A Million Before Completely Disappearing
A fake food delivery company succeeded in tricking influencers and celebrities to promote a cryptocurrency token, bilking investors out of…
Read More »Pete Buttigieg Predicts More Supply Chain Problems Because Of Biden’s Economic Success — Here’s What The Experts Say
Economic experts pushed back on the Biden administration’s claim that widespread supply chain issues in the U.S. were the result…
Read More »US Industrial Production Dropped In September As Supply Chain Bottlenecks Plagued The Auto Industry
U.S. industrial production declined in September as supply chain bottlenecks in the auto industry and lingering effects of Hurricane Ida…
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Proctor And Gamble To Raise Prices Of Popular Goods Citing Higher-Than-Expected Inflation
Procter and Gamble said Tuesday they are raising prices on a variety of popular home goods due to a sharp…
Read More » Why Is the Infrastructure Bill Deciding the Fate of Crypto?
The bipartisan infrastructure bill has a new deadline of October 31, but an important question still looms: Why is a…
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Biden’s policies have led to the Biden economy YUCK!
It is hard to imagine that economic conditions can worsen at a faster rate than they have during President Biden’s…
Read More » Toyota, Jeep To Produce Electric Car Batteries In US
Toyota Motor Corporation and Jeep parent company, Stellantis, announced Monday that it would build electric car battery factories in the…
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Expect Inflation, Supply Shortages To Last Well Into 2022, Economists Say
High inflation will last well into 2022, economists say, indicating that supply chain bottlenecks will keep increasing prices and curbing…
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4 Scary Charts Show How Fast the Federal Government is Heading Toward Fiscal Disaster
The national debt is rapidly closing in on $29 trillion. The federal government now owes an astounding $228,999 per taxpayer.…
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Roughly 40% Of Americans Say They Recently Suffered Financial Difficulties, Study Shows
Over 40% of U.S. households said they experienced severe financial hardship during the COVID-19 pandemic, citing difficulties paying bills, credit…
Read More » Dollar Tree Loses its 35 Year War with Inflation
Inflation has ruined one of my go-to examples for my macroeconomics students. Whenever I discuss inflation with my students, I…
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‘Higher Bills For American Families’: House Republicans Demand Answers From Biden Administration On Energy Crisis
Republicans on the House Energy and Commerce Committee urged the Biden administration to lay out its plans for tackling the…
Read More » Retail Sales Beat Expectations Amid Surging Inflation
U.S. retail sales increased in September, beating expectations amid growing inflation and supply chain disruptions, the U.S. Census Bureau reported…
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