Economy Feed

Biden signs sweeping order aimed at reining in corporate power

President Joe Biden signed an executive order Friday on promoting competition in the American economy. It launches a government effort to combat growing market power in the U.S. economy by seeking to ensure that markets are competitive. Read more →


Today is Equal Pay Day

Equal Pay Day is on March 24 this year, a date that marks how far into the year women need to work to earn the same as men did in the previous year. It was originated by the National Committee on Pay Equity in 1996 as a public awareness event to illustrate the gap between men's and women's wages. Read more →


Watch out for scams related to your next stimulus payment

It’s started already. The scammers are changing their pitches to include stimulus payments. The call yesterday said, due to the soon to be sent stimulus payments, credit card companies were lowering their interest rate. I could press No. 1 to get more information. What? As usual, I hung up quickly. Read more →


Survey on Halloween spending and financial fears for 2020

About 22 million more people are having nightmares about money problems this year than last year, and about 13 million more people are scared about their kids’ financial future. A survey also found that 39 percent of people aren't celebrating Halloween this year due to covid-19 and 85 percent plan to spend less this year than last year. Read more →


Justice Department and some states file antitrust lawsuit against Google for search dominance

The U.S. Department of Justice, along with 11 states, filed a lawsuit Tuesday against Google for unlawfully maintaining a monopoly in search services and search advertising in violation of the U.S. antitrust laws. Read more →


Baby boomers comment on covid-19 restrictions and other things going on in their lives

It’s week 18 of covid-19 restrictions for many of us. I dawned on me the second week in March that I should be staying home. I had been walking in the mall during the winter, but I thought heading there wouldn’t be wise. I’d ride my stationary bicycle for exercise instead. Read more →