High inflation might be here to stay savers need to embrace for impact. During a virtual conference yesterday, Federal Reserve Chairman Jerome Powell said, “supply-side constraints might last well into 2022.” Higher inflation will eat into disposable income and savings...
Jobless claims continue to fall. 290,000 filed for unemployment insurance for the first time for the week ended October 16, less than 10,000 than economists forecasted. Nearly 3.2 million Americans continue receiving unemployment benefits in all programs. Extended Benefits were...
Wells Fargo, the fourth-largest bank in the United States by total assets, has not been getting much love on this website for an excellent reason. Wells Fargo has been known for defrauding its consumers for the past few years. The...
Wealth inequality has gone amok in America. America’s 400 wealthiest billionaires are worth more than ⅕ of all goods and services the country produced last year. According to the Bureau of Economic Analysis and the World Bank, United States’ gross...