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Category: The Economy

June 14, 2024By Paula Pant

#514: Why the Latest Economic Report is a Rorschach Test

The S&P 500 hit a record high — and the GameStop guy is back, and he now owns 9 million shares of GME, making him the 4th largest shareholder.

Interest rates from remain the same, and are expected to hold steady until September. Inflation remains unchanged from last month.

Last month we saw a massive explosion of new jobs, at 272,000  — nearly 90,000 more than predicted. But we also saw unemployment tick up, which created mixed signals.

Learn the implications of the latest economic news — and how it impacts your wallet — in this month’s economic update.

Keep reading...

May 19, 2022Written By Paula Pant

Inflation, Illustrated

Hi there!

This post is an illustrated, pared-down version of my recent “Inflation, Explained” podcast episode.

It was created as a simple, easy-to-digest guide to help you understand the current inflationary environment in the US.

Ready? Let’s dive in!

What is inflation?

Simple definition: […]

Keep reading...

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