Money & The Economy
News on Finance, Money, markets and the economy
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‘Unprecedented’ Shortages: Builders Running Out of Construction Materials, Forced To Find Alternatives
Contractors and builders are being forced to turn to alternative sources for key construction materials due to widespread supply shortages,…
Read More » Private Job Hirings Beat Expectations Amid COVID-19 Scares And Slow Economic Growth
Private companies added 568,000 jobs in September, exceeding expectations as the country faced growing numbers of delta variant cases and…
Read More »#MintTheCoin: Economist Explains Problem With Just Minting $1 Trillion Coin to Pay the Government’s Bills
Here's why the fantastical notion of a trillion-dollar coin appearing out of thin air to pay the bills is so…
Read More »Target To Pay Holiday Employees $2 More An Hour In Effort To Retain Workers
Target announced Tuesday that it would pay employees an additional $2 an hour during the peak time of the holiday…
Read More »Oil Prices Skyrocket To Seven-Year High After OPEC Announces Gradual Output Boost
The price of oil surged Monday after the Organization of the Petroleum Exporting Countries (OPEC) doubled down on its plans…
Read More »Inflation Hits Another Multi-Decade High After Fed Boosts Projection
A key economic index used by the Federal Reserve to measure inflation surged to another 30-year high in August as…
Read More »Biden Effect: Oil Companies Fear Vaccine Mandate Will Further Disrupt Business and the Economy
Fracking executives expressed concern that President Joe Biden’s COVID-19 vaccine mandate will set the industry back, making hiring even tougher,…
Read More »Jobless Claims Jump To 362,000, Unexpectedly Increase Again
The number of Americans filing new unemployment claims increased to 362,000 last week as the economy struggles to recover from…
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Bidinflation : Surging Oil Prices Will Fuel Further Inflation, Analysts Say
Oil prices have surged around the world in recent weeks, which will lead to even higher inflation, according to industry…
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Bidenflation Hits Dollar Tree
President Biden’s policies have exacerbated inflationary pressures to a level that even the lowest of discount retailers is getting affected.…
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Biden is running out of money
There have been many things that have classified Joe Biden’s presidency so far — failing in Afghanistan, shutting down the…
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Bidenomics: Consumer Confidence Continues 3-month Collapse
The recovery that President Joe Biden keeps telling Americans is happening isn’t happening for families, according to economic data. The…
Read More » Huawei CFO Admits to Lying About Activities in Iran
The Chief Financial Officer of Huawei Technologies Co. Ltd., Wanzhou Meng, 49, of the People’s Republic of China (PRC), appeared…
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Unemployment increases as Biden’s destruction of economy continues
US jobless claims rose for the second straight week, defying economist’s projections of job decreases. Some economists had predicted jobless…
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Biden Effect: Jobless Claims Increase To 351,000 As Economic Recovery Slows
The number of Americans filing new unemployment claims increased to 351,000 last week as the economy continues to slowly recover…
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