Millennials Projected to Change Spending Habits, Impact Economy
As Millennials spend less on inexpensive items and spend their savings on things such as cars and houses over the next decade, this...
Economics
Reality Check for CNN: Target’s Wage Increase Being Offset by Fewer Hours
Two years ago, CNN was delighted that Target was going to increase employee wages. On Monday, CNN revealed that the wage increase was...
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Blue-collar Employment Thriving Under Trump — Hits 50-year High
Employment levels in blue-collar jobs have been growing at their fastest rate in more than 30 years, with most of the growth taking...
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$15 Minimum Wage Takes a Bite Out of Big Apple’s Restaurants
New York City’s restaurants are cutting staff and hours or even closing outright as a result of the increase in the city’s minimum...
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NPR Shops at Walmart to Learn Cost of Trump’s Tariffs, Gets Big Surprise
NPR expected to show that Trump’s tariffs were costing consumers hundreds if not thousands of dollars. Imagine their surprise when they learned they...
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Business Roundtable’s New Purpose Statement Echoes Elizabeth Warren’s “Accountable Capitalism” Bill
The Business Roundtable’s new “statement on the purpose of a corporation” puts stockholder interests last, behind the interests of customers, employees, suppliers, and...
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U.S. Government Will Borrow Nearly $1 Trillion This Year
The Treasury Department announced on July 29 that the federal government is scheduled to borrow nearly $1 trillion this fiscal year, the greatest...
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CBO Counts Cost of Raising Minimum Wage to $15
Just a week before the Democrat-controlled House of Representatives is due to vote on its Raise the Wage Act, the non-partisan Congressional Budget...
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Nanny State: San Francisco Approves Ban on E-cigarette Sales
San Francisco is at it again with its nanny-state policies, this time having the honor of being the first city to officially ban...
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Trump: “Very Low Inflation, a Beautiful Thing!”
The Federal Reserve expects inflation to remain low, bringing out exuberance from President Trump, but what is good is the Fed's irrelevance, at...
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Hand-wringing Over May’s Low Jobs Numbers Is Premature
It’s far too early to be writing off the longest-running economic expansion in history, as some in the media appear to be doing....
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Jobless Claims at 50-year Low, but Raising Minimum Wage Would Stop That
Initial claims for unemployment insurance are the lowest seen since 1969, when the U.S. workforce was half the size that it is now....
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Government Deficits Running $100 Billion a Month; Lenders Not Concerned
The U.S. Treasury announced on Friday that the federal government has spent $1.8 trillion since October 1, while tax receipts were only $1.3...
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Newark to Study “Universal Income Plan” for Its Poor
Newark Mayor Ras Baraka announced plans to create a commission to study the concept of a “universal” income plan to help the more...
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Wall Street Journal: Median Pay for CEOs Is a Million Dollars a Month
Many CEOs are making millions per year, and socialist/progressives such as Alexandria Ocasio-Cortez and Bernie Sanders criticize that fact, despite their sparse, largely...
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