Economy

A noted energy strategist says geopolitical tensions between Russia and many other nations as of late have caused the cost of oil to climb massively, with the price per barrel now having the potential to climb shockingly higher than $150.…

Prices for used cars rose nearly 41 percent over the past year and those higher prices are, in turn, further driving inflation that is already taking the country by storm, having recently hit a 40-year high. File photo: LMPark Photos,…

Experts say there are several factors in play in regards to the currently high gas prices U.S. residents are getting clobbered with, such as overall growing demand for gasoline. File photo: Phil Pasquini, Shutter Stock, licensed. NEW…

The new maximum claim amount (MCA) for FHA-insured HECMs is an increase of nearly $150,000 over the previous 2021 high of $822,375, and is similar to the lending limit increase announced by FHFA. File photo: MDart10, Shutter Stock,…

Core inflation – the change in the costs of goods and services that does not include the food and energy sectors – saw a 6 percent year-over-year increase is January, the highest jump since August 1982. File photo: Denys Kurbatov, Shutter…

Marc Ang Interviews Assemblyman Heath Flora at the California Trucking Association Conference 2022. LAS VEGAS, NV - A California Republican is a rare sighting in elected office, but a quarter of the California Assembly members are…

As of the new year, mortgage rates hit their highest level since May 2020; however, while they are remain very low, experts indicate that the level of growth they're showing means that cheap money for home purchases should still be a…

According to the Labor Department on Thursday, the producer price index – which tracks inflation at the wholesale level before products reach consumer retail shelves – jumped by a whopping 9.7 percent year-over-year from December 2020; an…

J. Scott Davison is Chairman, President and CEO of OneAmerica, a '100 billion dollar operating company' of several insurance companies including American United Life Insurance Company, The State Life Insurance Company, OneAmerica…

Many of the residents who had recently departed, which the U.S. Census Bureau pegged at a whopping 352,185 since the pandemic started, or 1.6% of the population – spoke of a number of irksome problems in New York they no longer wished…

Rather than trying to avert this disaster, Biden has doubled down, insisting the Green New Fraud justifies killing the golden goose. "Building Back Better" is already triggering empty shelves, which are the hallmark of socialism.…

Overall, the report indicates that the Republican tax reform law that Trump supported did pretty much exactly what it promised it would do, it lowered taxes along all income levels – especially for middle-income filers – and helped to…

Biden's Build Back Better) proposed legislation, if passed in the Senate and signed by the president, with its proposals to raise taxes, mainly on the successful and well-to-do, will that be the “straw that breaks the camels back” in our…

Friday’s numbers were especially harmful because the market originally appeared to be on the mend following the apparent slowing of the COVID-19 pandemic after the spread of the Delta variant over the summer. File: ShutterStock.com,…

While shopping for a refinance requires the same process your initial loan involved such as maintaining a good credit score and lowering your debt-to-income ratio, the timing just couldn't be better to lock-in some of the lowest rates seen…

Biden has included numerous green projects in his agenda, including shutting down the Keystone Pipeline that would have transported crude oil to refineries in the U.S. from Canada, in addition to rejoining the Paris Climate Accords, and…

With over 80 container ships sitting idly at the Los Angeles ports, the lack of trucks is one part of the problem. File photo: Moab Republic, Shutter Stock, licensed. LOS ANGELES, CA – Recently, I explored Emily Hibard’s grandfather’s…

What planet is the Biden Administration and the Democrats living on? You don't need an economics degree to know that if you spend more than you take in you'll run a deficit, and yes, it will cost you something. File photo: Nick Raille,…

The Las Vegas real estate market is bouncing back unbelievably fast after the COVID-19 pandemic, and for some people – namely renters – it’s been bouncing back a little too quickly, with monthly rents hitting near-record levels and leading…

Referencing a new issue of the Economist bearing the headline “The Shortage Economy,” Former White House Chief Strategist Steve Bannon appeared to be referring to a section in the issue’s article that points out that COVID-19…

Democrats out of reality monstrosity that is the pork-laden $3.5 trillion boondoggle called the “Human Infrastructure Bill” will prove as political suicide in 2022. File photo: ShutterStock.com, licensed. DELRAY BEACH, FL - Do Joe Biden…

Through P-EBT, eligible schoolchildren receive temporary emergency nutrition benefits loaded on EBT cards that are used to purchase food. File photo: Jeff Bukowski, Shutter Stock, licensed. TALLAHASSEE, FL -- After weeks of pressuring…

Mayor Lori Lightfoot as she presented her proposed 2022 budget to the City Council Monday. Lightfoot’s proposal included $500 monthly payments to 5,000 Chicago-area families for 12 months. CHICAGO, IL - Chicago Mayor Lori Lightfoot,…

Amid National Small Business Week, only 38% of small business owners believe the United States is heading in the right direction – a 29% decline since June;  Inflationary Pressures, Labor Shortage, Mental Health Struggles Among Top Issues…

Copper is often called Dr. Copper because of its critical applications in a wider range of industries than other commodities. A number of factors point to a severe scarcity in copper over the decades and concomitantly to a severe scarcity…

The Florida Department of Economic Opportunity in Tallahassee FL. File photo: Felix Mizioznikov, Shutterstock.com, licensed. FORT LAUDERDALE, FL - A lawsuit was filed by 10 unemployed Broward County residents on Sunday against Florida…

Congress created the Federal Housing Administration (FHA) in 1934. The FHA became a part of the Department of Housing and Urban Development's (HUD) Office of Housing in 1965. File photo: DC Stock Photography, Shutterstock.com, licensed. …

According to the Labor Department, the consumer price index increased 0.9 percent in June, compared to the 0.6 percent increase in May; experts had anticipated a 0.5 percent increase and one nearly double that has proven troubling to…

On Florida's northwestern Gulf coast, the Apalachicola National Estuarine Research Reserve supports 65 jobs and generates $46.4 million, including $15.1 million in labor income. Photo credit ShutterStock.com, licensed. APALACHICOLA, FL…

According to Advanced Energy Economy, each dollar of public investment into electric vehicles generates $2.60 of direct private investment. Photo credit ShutterStock.com, licensed. MIAMI, FL - Florida would benefit from the federal…