Lack of Infrastructure Slows Oil Production in Texas’ Permian Basin
The Permian Basin in West Texas is producing vast amounts of oil, but a lack of infrastructure threatens the profitability for some companies. ...
Economics
Last U.S. Flatware Maker Expects Boost From Trump Tariffs
Thanks to the Trump tariffs on Chinese goods, the CEO of America’s last remaining manufacturer of flatware expressed optimism that his business would...
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Thanks, Maduro: Nearly 40% of Venezuelan Businesses Closed
A month after Venezuelan President Nicolas Maduro imposed a mandatory 60-fold wage increase, nearly 40 percent of all Venezuelan stores have closed. ...
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Ivanka Trump’s Role as “Jobs Czar” Challenged by Robotics, AI, and Private Industry
Ivanka has drunk the Big Government Kool-Aid, and thinks government intervention will help "the forgotten man or woman" in America. ...
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As Midterms Approach, Economy Is Soaring
Under President Trump’s leadership, the overall economy in America is surging — not that you’d hear about it on most mainstream media reports....
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Trump Trade Tariffs Good Business for U.S. Steel and Century Aluminum
U.S. Steel and Century Aluminum announce plans to revitalize their facilities in the wake of President Trump's tariffs. ...
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U.S. Steel Investing $750M to Upgrade Steel Plant Following Trump Tariffs
U.S. Steel is investing $750 million to upgrade its 110-year-old plant in Gary, Indiana, attributing the decision to President Trump’s new tariffs on...
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Despite Record Individual Income Tax Collections, Federal Deficit Grows
The Treasury Department reported the federal government collected a record amount of individual income taxes so far in fiscal 2018, but ran a...
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Home Sales In Southern California Down, as Buyers Are Priced Out of Market
Home sales in Southern California fell in June, dropping 11.8 percent since June 2017. “People can’t afford homes anymore,” said a real estate...
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New Gilded Age Is Here — Mostly in Blue States
The United States has entered a new Gilded Age. Funny thing is, most of the “gilded few” in the top one percent live...
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Supreme Court Rules That States Can Force Online Retailers to Charge Sales Tax
In a 5-4 decision handed down on June 21, the Supreme Court cleared the way for states to force online retailers to charge...
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Increasing Rents Driving Middle Class Out of Silicon Valley
Rents in Silicon Valley are becoming too high for many people to afford. ...
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Financial Analysts Predicting End of the Bull Market
Boom and bust is more a result of government-caused inflation than any action taken in the free market. ...
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Gold Depository Bypassing Federal Reserve Opens in Texas
The Texas Bullion Depository, a gold-backed bank that would allow depositors to store precious metals and bypass the Federal Reserve System, opened in...
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Seattle Repeals Job-killing Head Tax One Month After Passing It
Just one month after Seattle voted unanimously to pass a head tax on businesses such as Starbucks and Amazon, the City Council repealed...
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