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 ...
Read More »JPMorgan’s Jamie Dimon: U.S. unprepared for ‘worst case’
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. ...
Read More »Republicans remain divided with days left to avert shutdown
As the deadline to fund the government and avert a shutdown draws near, House Republicans find themselves deeply divided, despite initial hopes of reaching a compromise. While the House of Representatives successfully ...
Read More »Senate passes debt ceiling override deal
The U.S. will not default, at least for now, after the U.S. Senate passed the Fiscal Responsibility Act of 2023. President Joe Biden is expected to sign the measure, which passed 63 ...
Read More »Republicans push to abolish IRS, federal income taxes
The IRS and federal income taxes could be abolished by legislation soon to be put forth by Congressional Republicans. Both would be replaced by a simple national consumption tax. Rep. Buddy Carter (R-Ga.) will ...
Read More »Christmas Is Not an Emergency
Christmas and money—now there’s a combination that can send anyone spiraling. Some think it’s an emergency, even in a bad economy. When you’re trying to take control of your money, saving for ...
Read More »Sticking to a budget is critical during Christmas season, Dave Ramsey’s daughter says
After cutting back on Christmas spending a year ago, many consumers plan to buy more presents this year. Rachel Cruze, the daughter of Dave Ramsey, encourages them to enjoy the season but ...
Read More »$1 now worth just 88 cents while Biden claims inflation has risen “hardly at all”
$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 ...
Read More »Missouri ranks 17th, Kansas 36th in education freedom, Heritage Foundation report finds
Missouri ranks No. 17 in the nation in overall education freedom, according to a new report from The Heritage Foundation. The state is in the top 10 in school choice, regulation and ...
Read More »Mortgage interest rates surge past 6% with no signs of stopping
The average interest rate on the most popular U.S. home loan rose above 6 percent for the first time since 2008 and is now more than double the level it was one year ago, ...
Read More »Dave Says – Work first, play later
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Work first, play later Dear Dave, ...
Read More »Dave Says – More than any amount of money
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. More than any amount of ...
Read More »Dave Says – Good news and bad news
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Good news and bad news ...
Read More »Missouri Sen. Roy Blunt blasts Build Back Better bill as gimmicky
Missouri Republican Sen. Roy Blunt on Sunday criticized the Democratic Build Back Better Act for being filled with gimmicks, “The Hill” reported. While appearing on “Fox News Sunday,” chief Washington correspondent Mike ...
Read More »Prepare for the financial side of the holidays
The holidays can push budgets past their limit as people do more entertaining, attend more events, dine out and participate in gift exchanges. Whether you’re gathering in person or celebrating at a ...
Read More »National debt soars to nearly $300,000 for each American household
If rising inflation were not enough, every U.S. household also owes nearly $300,000 as their share of the national debt. The current debt has reached about $28.9 trillion, a number that is ...
Read More »Biden touts infrastructure in Kansas City as polls plummet
President Joe Biden was in Kansas City on Wednesday to discuss infrastructure but its the polls that need rebuilding according to news reports. Biden touted the $1 trillion bill he signed into ...
Read More »Go big or go home: Missouri governor wants bold ideas for budget surplus
Some of the recent massive spending by Congress will make its way to Missouri. Gov. Mike Parson is looking for bold ideas for part of those funds that have created a budget ...
Read More »Consumers expect continued inflation, according to Federal Reserve survey
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 ...
Read More »Missouri funding for highway projects includes controversial component
The Missouri Department of Transportation plans to address many unfunded projects with new revenue from the state gas tax increase and massive federal infrastructure bill. The funding totals $6.5 billion. It includes ...
Read More »Ready to Play Defense with Your Retirement Savings?
For most investors, including those saving for retirement, it’s no surprise that markets are subject to up-and-down fluctuations over time. And if you are investing with a long-term perspective, it’s pretty common ...
Read More »Dave Says – Long distance flip?
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Long distance flip? Dear Dave, I’ve ...
Read More »Missouri Rep. Cori Bush blasts Joe Manchin for fiscal restraint
Cori Bush, a freshman Democratic representative from St. Louis, is quickly making a name for herself as a member of the liberal Squad. She unloaded on Sen. Joe Manchin this week after ...
Read More »Manchin, Sinema cave as deal on tax hikes, spending plan announced
President Joe Biden and Democrat leaders announced Thursday they have reached a deal on their multi-trillion spending plan. The deal, which needed Senators Joe Manchin (D-VA) and Kyrsten Sinema (D-AZ), includes more ...
Read More »Whopping majority of Americans oppose Biden spending bill
New polling shows the Biden/Harris/Pelosi spending bill is one of the most unpopular Democrat schemes in modern history. The Trafalgar Group—one of America’s most accurate pollsters in 2016, 2018 and 2020—is releasing ...
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