Trump Didn’t Cause Stock Market Decline
According to nearly every major news outlet, Wednesday’s 372-point decline in the Dow Jones Industrial Average was Trump’s fault. ...
Markets
Ruling for Big Taxi in Europe Could Spell End for Uber, Lyft, Airbnb
In the same battle between the free market and the regulators that has been going on for centuries, the European Court of Justice...
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Stock Market’s Complacency Index Highest in 24 Years
Complacency among investors is high and getting higher. Is this a signal for higher stock prices? Or not? ...
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Labor Department’s April Jobs Report Strong and Getting Stronger
The report reflects far more than just temporal ebullience over potential strategies promised by the president to get the economy growing again. ...
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On NAFTA, Trump’s True Intentions Remain Unclear
The “Trans-Pacific Partnership” (TPP) fell almost immediately. But now, everybody is wondering what will happen next on one of the most disastrous “free-trade”...
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Supreme Court’s Non-decision Expands Passenger Ridesharing Freedom
Unless Big Taxi can wriggle out from under the rules that once protected them from competition, it wll soon be called Little Taxi....
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Jobs Numbers Come in Higher Once Again, Supporting Trump’s Policies
The jobs market is cooperating with President Trump, adding more than a million jobs since his election. ...
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Wall Street Facing Headwinds as Boomers Forced to Liquidate Their IRAs, 401Ks
Under the law those reaching age 70 and a half must start taking their “required minimum distributions” (RMDs) from their various tax-deferred accounts....
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Austin Booted Uber and Lyft, Startups Struggle
When politicians interfered with Uber and Lyft and ran them off, they got a playing field at a much lower level, leaving customers...
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Success of Las Vegas SHOT Show a Harbinger for Gun Industry Growth?
The success of the Las Vegas SHOT Show may herald gun industry growth to meet increasing demand for self-protection and the relaxing of...
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OPEC Claims That U.S. Shale Producers Won’t Threaten Its Efforts to Raise Crude Oil Prices
The oil-producing world has made OPEC nearly irrelevant, but the oil minister from Saudi Arabia hasn't noticed. ...
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Trump Meets With Ma: One Million U.S. Jobs Over Five Years?
Trump continues to press for new American jobs, this time with the head of Alibaba, a huge online sales company. ...
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Another Setback for Big Taxi: Uber, Lyft OK’d to Serve Atlanta Airport
The free market, left to its own devices, destroys as it creates. Efforts to repeal this economic law continue to fail. ...
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Trump Says Sprint, OneWeb to Create 8,000 New Jobs in U.S.
Let's give Trump some credit for creating the psychological environment that billionaires need in order to make these kinds of decisions. ...
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Mexico’s Huge Oil Reserves Now Open to Private Exploration
Mexico’s new proven reserves, potentially 125 billion barrels, are now open to private exploration. ...
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