Money & The Economy
News on Finance, Money, markets and the economy
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Consumer Confidence Plummets As Biden Approval Rating Slumps
Morning Consult’s U.S. consumer sentiment index in September declined to its lowest point in months as voters voice concerns over…
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Bidenomics: Food Banks Are Inundated With Requests For Aid As Inflation Bites
Food banks across the U.S. are reporting a massive uptick in demand as Americans continue to struggle with inflation. Several…
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Ford Pauses Construction Of Key EV Battery Plant
Ford is pausing construction of an electric vehicle (EV) battery plant in Marshall, Michigan, the Daily Caller News Foundation has…
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Fed’s Rate Pause Contributes to Harmful Inflation Psychology
Once again, the Fed has eased up on its restrictive monetary policy too soon. Late last year the Fed stopped…
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‘A Horrible Situation’: Kevin O’Leary Predicts Commercial Real Estate Crisis
“Shark Tank” star Kevin O’Leary predicted that a commercial real estate crisis caused by high interest rates on “worthless” properties…
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Crime, Inflation Driving Up Auto Insurance Costs For Average Americans
The cost of auto insurance has skyrocketed following the COVID-19 pandemic, making cars even more unaffordable for average Americans. Factors…
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Larry Kudlow Rips Jerome Powell Over ‘One Of The Goofiest Answers’ On Rising Oil Prices
Fox Business host Larry Kudlow blasted Federal Reserve Chairman Jerome Powell for what he said was “one of the goofiest…
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Jerome Powell Says An Economic ‘Soft Landing’ Is Not The Fed’s ‘Baseline Expectation’
An economic soft landing is not a baseline expectation for the Federal Reserve as it keeps interest rates high, according…
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‘The Best Of All Worlds’: Janet Yellen Says She Doesn’t ‘See Any Signs’ Of An Economic Downturn
Secretary of the Treasury Janet Yellen claimed she did not “see any signs the economy is at risk of a…
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Handling an Inheritance Well and Dealing with the IRS Both Require a Game Plan
While not always easy to think about, an inheritance is a part of the financial picture for many baby boomers.…
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Half Of Americans Are Priced Out Of The Car Market. Here’s Why
Half of Americans are priced out of the current car market, unable to spare the average loan payment for either…
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The UAW’s Ridiculous Demands
The United Auto Workers have begun to strike all three of the major domestic automobile producers. They are seeking a…
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Child Poverty More Than Doubled In Biden’s Second Year, Census Data Shows
The U.S. saw a sharp rise in the government’s supplemental poverty rate and a fall in real incomes for Americans…
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‘Discouraging’: Small Business Owners Sour On Economy As Inflation Picks Back Up
Small businesses in August were increasingly pessimistic about the economy as companies struggle with a tight job market and rising…
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Coming: higher inflation, higher interest rates, labor strikes, wage/price spiral
On Wednesday, the Consumer Price Index for August will be released. It will show a significant increase in inflation, perhaps…
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