Oil prices soared and investors shifted more money into ultra-safe U.S. government bonds as Russia stepped up its war on Ukraine. The price of oil surged back above $100 a barrel after Russia, a major energy producer, faced further isolation and economic damage because of its invasion of Ukraine.
A new poll from ABC News/Ipsos has found that only one percent of Americans would describe Joe Biden’s current American economy as “excellent.” In comparison, only 23 percent considered it “good,” according to a report from Breitbart News. Additionally, 75 percent of Americans polled chose to describe the economy as “poor.”
Florida lawmakers unanimously approved a bill on Feb. 23 that would require high school students to take and pass a financial literacy course before graduating.
Florida Gov. Ron DeSantis (R) mocked White House press secretary Jen Psaki, who has routinely criticized the Florida governor for prioritizing liberty in his state, on National Margarita Day after she infamously told frustrated Americans to “go to a kickboxing class, have a margarita” as a way to deal with political frustrations.
President Joe Biden announced a series of sanctions on Thursday in reaction to Russian President Vladimir Putin’s actions in Ukraine, warning of the economic costs Americans would bear as a result.
The Canadian government's attempt to freeze cryptocurrency funds being used to help Freedom Convoy protesters was met with a defiant response by one cryptocurrency wallet.
When debt grows so much that people don’t believe the Treasury will pay it, they sell their bonds and buy other things, sending prices through the roof.
