Andrew Moran

Andrew Moran

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Andrew Moran covers business, economics, and finance. He has been a writer and reporter for more than a decade in Toronto, with bylines on Liberty Nation, Digital Journal, and Career Addict. He is also the author of "The War on Cash."

The Story Behind the Government’s July Jobs Report

President Joe Biden celebrated the better-than-expected July jobs report on Aug. 5, calling it "the result of my ...

Economy August 7, 2022
US Economy Adds 528,000 Jobs in July, Surpassing Estimates

The U.S. economy added 528,000 new jobs in July, topping the market estimate of 250,000, according to the ...

Economy August 5, 2022
US Should Be Ready for ‘Higher for Longer’ Inflation, Interest Rates: Fed Officials

The next Federal Open Market Committee (FOMC) policy meeting is more than a month away, but U.S. central ...

Economy August 4, 2022
In Sign of Slowing Labor Market, US Job Openings Fell Sharply in June

After hitting a peak in March, the number of job openings has been falling since, a potential indicator ...

US News August 2, 2022
Inflation Reduction Act Will Raise Taxes, Add to Stagflation, Critics Warn

President Joe Biden and the Democrats claim that the breakthrough Inflation Reduction Act (IRA) of 2022 is a ...

Inflation August 2, 2022
US Economy Will Spend Decade in ‘Inflationary Depression,’ Economist Schiff Warns

Following a 0.9 percent contraction in second-quarter gross domestic product (GDP), experts are debating if the U.S. economy ...

Economy July 31, 2022
Economists Debate Recession Definition as Economy Contracts in 1st Half of 2022

The U.S. economy contracted for the second straight quarter, falling at an annualized rate of 0.9 percent in ...

Recession July 28, 2022
US Economy Slips Into Recession as Inflation Weighs on Growth

The U.S. economy contracted in the second quarter, marking two consecutive quarters of negative growth, which is a ...

Economic Policies July 28, 2022
Take GDP with a ‘Grain of Salt’, Says Fed Chair Jerome Powell

Federal Reserve Chair Jerome Powell thinks it would be prudent to take the preliminary reading of the second-quarter ...

Economy July 28, 2022
Fed Boosts Rates by Another 0.75 Percentage Point as Inflation Soars

The Federal Reserve raised interest rates by another 0.75 percentage point on July 27 during the July Federal ...

Economy July 27, 2022
4 Potential Outcomes of the Twitter Versus Musk Trial

News Analysis What started off as a 9.2 percent stake in Twitter this past spring has turned into ...

Media & Big Tech July 26, 2022
From Recession Probability to FOMC Meeting, Critical Week for US Economy

Financial markets will digest a wide range of data this week, including the much-anticipated report on second-quarter gross ...

Economy July 25, 2022
US Economy Slowing at Pace Not Seen Since 2008 Financial Crisis: S&P Economist

The U.S. economy is declining at a pace not seen since the 2008–09 financial crisis, said Chris Williamson, ...

Economy July 24, 2022
BlackRock, World’s Largest Asset Manager, Lost $1.7 Trillion in Clients’ Money This Year

BlackRock, the world's largest investment management firm with about $8.49 trillion in assets, recorded a $1.7 trillion loss ...

Companies July 22, 2022
Tesla Sold 75 Percent of Bitcoin Holdings to Boost ‘Overall Liquidity’

After making a significant investment in Bitcoin last year, Tesla Motors sold 75 percent of its holdings in ...

Companies July 21, 2022
Investors Slash Stock Allocation to Lowest Levels Since 2008 Financial Crisis, BofA Poll Finds

Investors have slashed their stock allocations to the lowest level since the collapse of Lehman Brothers during the ...

Stocks July 21, 2022
July Rate Hike to Add $6.4 Billion in Credit Card Interest as Most Disapprove of Fed: WalletHub

The next Federal Reserve rate hike is projected to add up to $6.4 billion in extra credit card ...

Economy July 20, 2022
High Gas Prices Will ‘Benefit’ Those Who Access EVs, Buttigieg Says

Transportation Secretary Pete Buttigieg touted the benefits of electric vehicles as a solution to higher gasoline prices during ...

Executive Branch July 19, 2022
Inflation Hitting Minorities, Rural Families Hardest, Research Shows

Many U.S. households are struggling to keep up with the growing cost of living as food and energy ...

Inflation July 19, 2022
European Firms on Verge of Bankruptcy as Energy Crisis Deepens

The energy crisis unfolding in Europe is starting to weigh on a growing number of the continent’s oil, ...

Companies July 19, 2022
Default Risks Grow Across Most US Sectors in 2nd Quarter: S&P

The chances of default across a majority of U.S. business sectors rose in the second quarter, according to ...

Economy July 18, 2022
Global Supply Chain Crisis Could Worsen in 2022: Survey

The global supply chain crisis continues to wreak havoc on the international marketplace, affecting everything from food products ...

Business & Markets July 18, 2022
Fed Unlikely to Endorse 100-Basis-Point Rate Hike Despite High Inflation: Officials

After the recent red-hot June inflation reading that surged to 9.1 percent, traders increasingly bet that the Federal ...

Economic Policies July 15, 2022
Will Biden Benefit From His Trip to Saudi Arabia?

News Analysis Crude futures slumped by as much as 5 percent on July 14 in hopes that U.S. ...

Executive Branch July 14, 2022
US Inflation May Peak Soon as Economy Heads Into Recession: Economists

Financial markets were surprised by the U.S. annual inflation rate rising to a fresh 40-year high of 9.1 ...

Recession July 13, 2022
Inflation Hits 9.1 Percent in June, New 40-Year High

The U.S. annual inflation rate climbed to 9.1 percent in June, reaching its highest level since November 1981 ...

Inflation July 13, 2022
White House Issues Warning Ahead of Wednesday’s Inflation Report

The White House is bracing for another hot inflation report on Wednesday as it already looks ahead to ...

Economy July 12, 2022

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