Uber, Lyft Continue to Upend Taxi Cartel and Its Lenders
One could say that ride-sharing services such as Uber and Lyft are restoring normalcy to an abnormal market. ...
Markets
Will Glencore’s Financial Troubles Trigger an International Collapse?
Investors in the stock of Glencore, the giant commodities mining and trading company, lost almost a third of their portfolios’ value on Monday. ...
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Big Win for Uber: Judge Rules E-hails Are Legal
In a major setback to the taxi cartel, Queens Supreme Court Justice Allan Weiss ruled that e-hails in New York City differ enough...
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Communist China Battles Stock Market Plunge With Tyranny, Terror
In the face of the dramatic collapse of its stock market in recent months, the communist dictatorship ruling mainland China responded as it...
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Study: Businesses, Taxpayers Fleeing High-tax States
When allowed the freedom to choose, people and businesses choose to live where they're able to keep more of their money. ...
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Communist China Dumps U.S. Debt Amid Economic Turmoil
Facing an imploding stock market and the potential for even more widespread economic chaos, the dictatorship ruling mainland China — the top foreign...
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Commerce Department Loosens Ban on Oil Exports
In a remarkable confluence of common sense and establishment approval, Congress is likely to look favorably upon eliminating the U.S. oil export ban...
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Saudi Arabia’s Cash Reserves Dwindling, Forcing It to Borrow
The Saudis are caught in a pickle: Cut oil production and lose market share, or continue to pump until they're out of money....
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What’s the Cause of the U.S. Egg Shortage?
VIDEO - Writer Rebecca Terrell discusses the current egg shortage that is happening in the United States. The question is posed whether government...
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Chinese Plunge Protection Team Failing to Stem Stock Market Declines
Individual investors in China's stock markets are cannon fodder for insiders' manipulations, just as they are in the United States. ...
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“Sharing,” or “Gig,” Economy Catching Flak From Democrats
The Internet continues to drive the "sharing" economy while confounding statists who want to control it. ...
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Colt Gun Maker Declares Bankruptcy
Colt, the iconic gun maker, had its opportunities to survive and prosper, but either didn't see them or decided not to seize them....
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Stock Market Wipes Out All Gains for the Year
It wasn't just the Dow that dropped on Monday. Its sister indicators were down as well, triggering concerns that bode ill for the...
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U.S. Economy Goes Negative in the First Quarter
The economy went negative in the first quarter, with precious little evidence that it will rebound in the second. ...
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Atlanta Fed Drops GDP Growth Estimate to Under One Percent
The Atlanta branch of the Federal Reserve System's GDPNow has a record of embarrassing mainstream economists who continue to view the economy through...
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