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Memorial Day gas prices are the highest in seven years and could stay high all summer
Gasoline prices are the highest for a Memorial Day holiday weekend since 2014.
May 28, 20214 min read
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The Fed keeps expanding its powers, and that’s making some people nervous
Wall Street increasingly has noticed that the Fed is continuing to expand on its mandate of price control and full employment. Over the...
May 27, 20217 min read
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Senate GOP unveils its $928 billion infrastructure counteroffer to Biden — here’s what’s in it
Senate Republicans unveiled a $928 billion infrastructure counteroffer to President Joe Biden on Thursday. Sen. Shelley Moore Capito said...
May 27, 20213 min read
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U.S. Treasury calls for stricter cryptocurrency compliance with IRS, says they pose tax evasion risk
The Treasury Department announced that it will require any transfer worth $10,000 or more to be reported to the IRS. “Cryptocurrency...
May 25, 20213 min read
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Will Record Equity Levels Prevent a Foreclosure Tsunami?
In spite of the record-setting spike in unemployment at the outset of the pandemic, foreclosure activity in 2020 has plunged to an...
May 19, 20213 min read
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The much-anticipated jump in inflation is here. Here’s how investors can play it
The much-anticipated rise in inflation is beginning to show up in the data, with April’s Consumer Price Index showing the biggest annual...
May 13, 20211 min read
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Prices rising as lawmakers weigh how to proceed on infrastructure plan
WASHINGTON (SBG) — From French fries to fish to fruit, the price you pay for just about everything now is going up. The Consumer Price...
May 13, 20212 min read
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Consumer prices shot up 0.8% in April as worries escalate
WASHINGTON (AP) — A worrisome bout of inflation struck the U.S. economy in April, with consumer prices for goods and services surging...
May 12, 20214 min read
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Inflation worries rise in the U.S. as prices of food, clothes, cars spike
Stocks down as year-over-year price increases reached their fastest rate since 2008 A new report from the U.S. Labour Department...
May 12, 20213 min read
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US futures and global equities tumble as inflation fears return to haunt tech stocks
Inflation fears returned to haunt tech stocks. US futures slid on Tuesday after sharp falls on Monday, with tech stocks the worst-hit....
May 12, 20213 min read
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Consumer Prices Jumped in April, Climbing Faster Than Expected
The increase in the Consumer Price Index was well above forecasts. A top Fed official struck a watchful tone but said ‘it’s just one data...
May 12, 20213 min read
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BREAKING: Inflation SKYROCKETS To Highest Levels Since Great Recession, Follows Disastrous Jobs Repo
President Joe Biden received further negative news Wednesday about the economic environment in the U.S. under his leadership as newly...
May 12, 20211 min read
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Gov. Newsom announces plan to pay rental housing providers 100% of rent owed
Gov. Newsom today announced his intent to pay rental housing providers 100% of rent that’s gone unpaid because of COVID-19. “This is...
May 12, 20212 min read
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Iowa is making it harder to be a low-income renter
The state has passed a law allowing landlords to engage in the last (mostly) legal form of housing discrimination. It’s a familiar...
May 11, 20215 min read
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WILL FORBEARANCE PLANS CAUSE A TSUNAMI OF FORECLOSURES IN 2021?
Mary A & Alex P share economic predictions about forbearance effects on real estate prices in 2021.
May 10, 20212 min read
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National eviction ban remains in effect as government appeals ruling.
Renters who are financially struggling because of the coronavirus pandemic got some scary news when a federal judge overturned the national
May 7, 20213 min read
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