Tag Archives: federal reserve

The jury is still out on whether Missouri and the nation will experience a recession in the coming year, said David Yaskewich, an economist at Southeast Missouri State University. “Right now, it ...

JPMorgan CEO Jamie Dimon is issuing a stark warning, stating many U.S. businesses and investors are unprepared for the possibility of the Federal Reserve raising interest rates to a staggering 7 percent. ...

In 1913, a US Senator from the Kansas City, Missouri area flipped his vote, and the Federal Reserve System was created. Senator James A. Reed gave us central banking with 12 autonomous ...

President Joe Biden signed an order on March 9, directing the Treasury Department, Office of the Attorney General and Federal Reserve to work together to produce a “legislative proposal” to create a ...

The government has been caught spiking job growth numbers.  In investigative research by the Federal Reserve Bank of Philadelphia, job numbers released by the Bureau of Labor Statistics (BLS) were inflated by ...

Inflation still isn’t letting up, and it’s a top concern for Americans right now. But we just learned of yet another way surging prices are hurting families—leading them into huge amounts of credit ...

$1 at the start of the Biden administration is now worth just 88 cents. The devastating news for millions of families comes as the Federal Reserve again raises interest rates to stem ...

The United States is in recession. The realization came Thursday morning after the Bureau of Economic Analysis reported that GDP fell almost 1% in the second quarter. For the last 10 recessions, ...

New numbers out this week show that inflation is increasing at the fastest rate since January 1982. Economists say the consumer price index — which measures a basket of goods including gasoline, ...

The country’s housing bubble may be about to burst, leaving millions of homeowners with mortgages that far exceed the value of their property. That’s according to new data from the Census Department ...

Americans expect steep inflation to continue, according to the latest Survey of Consumer Expectations recently released by the Federal Reserve Bank of New York. The median expectation is that the inflation rate ...

History will not remember President Biden for his frugality but it may for his budget. The president has already signed into law a massive multi-trillion-dollar “COVID” stimulus spending package and proposed trillions ...

Skyrocketing inflation is hitting restaurant owners hard with both chains and local establishments raising menu prices. Restaurant managers are seeing price increases of up to 300% on some items used in the ...

A new report finds that the biggest casualty of Covid lockdowns across the nation was small businesses. The report says that 26% of all small businesses in Missouri closed, with an unknown ...

The list of Kansas City Mayors is a colorful one, with the likes of Gage, Reed, Barnes, Cowherd, and Clever, but none were as colorful as James A Reed. A Pendergast man, ...

Here’s today’s news briefs. Federal Reserve rebuts negative media narrative Contrary to the media’s ultra negative reporting on the economy, the Federal Reserve today released its “beige book,” and said the vast majority ...

Here’s your daily news briefs. DOJ says majority of arrests are non-citizens Noncitizen immigrants in the United States accounted for a whopping 64 percent of all federal arrests in 2018. That’s according to new ...

Businessman and strong Christian Herman Cain has withdrawn from consideration for a seat on the Federal Reserve Board, President Donald Trump said on April 22. Cain is a vocal critic of the ...

The role of government is to maintain an environment for life, liberty and the pursuit of happiness and not to manage the economy not continue an unproductive tax wall. The best government ...

WASHINGTON—The U.S. economy expanded at a 3.5 percent annual rate in the third quarter, as consumer spending strengthened. The growth came in above the Wall Street expectation of 3.3 percent. According to the “advance” estimate ...