High-income Earners Leaving High-tax States
High-income earners in high-tax states such as New York, Illinois, and California are migrating to low-tax states such as Texas, Florida, Nevada, and...
Economics
U.S. Asks OPEC to Boost Production to Help Hold Down Oil Prices
The United States has asked OPEC producers to increase oil production by about one million barrels a day after Trump complained about “artificially...
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Nearly Half of San Francisco Bay Area Residents Plan to Leave
Forty-six percent of Bay Area residents surveyed said they are likely to move out of the area in the next few years, and...
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U.S. Fiscal Outlook “Not Good,” Says Goldman Sachs’ Chief Economist
Financial expert John Mauldin believes that actions the Federal Reserve will likely take to deal with inflation from government overspending will soon cause...
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Economists Predict 800,000 People Will Leave New York and California Because of High Taxes
Economists Arthur Laffer and Stephen Moore are predicting that the new tax bill and high state taxes will cause 800,000 people to leave...
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Boost to World Bank and China is “Departure” From Trump’s Vision
Despite President Donald Trump's “America First” campaign promises to rein in globalism in favor of Americanism, analysts on both sides say new reforms...
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Trump Walks Back Pro-TPP Remarks, Touts Bilateral Deals
After suggesting last week that the U.S. government would seek to rejoin the sovereignty-shredding Trans-Pacific Partnership (TPP), President Donald Trump took to social...
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New Weekly Unemployment Claims Remain Below 300,000, Longest Streak Since 1967
Thursday's report that unemployment remains very low should be no surprise to those who understand how the capital system works, when it's allowed...
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CBO Update: Trillion-dollar Deficits to Arrive Two Years Sooner
The latest report from the Congressional Budget Office about the state of the economy isn't apocalyptic. It just points the way. ...
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Sound Money Bill in Congress Would Define Dollar as Unit of Gold
Legislation introduced in Congress recently would define the U.S. dollar as a fixed amount of gold, a move that supporters say would help...
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Census Bureau Forecasts Older Americans Will Outnumber Children by 2030
A Census Bureau report noted that by 2030, as Baby Boomers age, the size of the older population will grow such that one...
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Are Tariffs Good for America?
Trump's announcement of protective tariffs for steel and aluminum has resurrected the old arguments over the subject — arguments that go back to the...
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The Hidden Cost of Electric Cars: Government Subsidies and Manipulated Markets
In the past few years of heavy marketing and favorable media coverage, one would expect that the electric-car market would have taken off....
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Trump’s Proposed Tariffs on Steel and Aluminum Alarm Some Republicans
President Trump announced that he is going to impose tariffs on imported steel and aluminum, much to the consternation of House Speaker Paul...
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Fed Chairman Powell Forecasts Interest Rate Increases to House Committee
Fed Chairman Jerome Powell addressed the House Financial Services Committee, and his hints that interest rates may gradually be increased affected the financial...
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