Markets

U.S. Tax Code Puts America 32nd Out of 34 Countries

Just as Washington is revving up to impose limits on "tax inversions" on corporations seeking tax havens in other countries, along comes this...

Bob Adelmann September 15, 2014

Market Basket Employees Return to Work; Unions Surprised

Bob Adelmann August 28, 2014

The employees' strike and customer boycott against the Market Basket supermarket chain was ended with the reinstatement of CEO Arthur T. Demoulas after...

Federal Reserve: We’ll Keep Suppressing Interest Rates

Thomas R. Eddlem August 21, 2014

The Federal Reserve Bank will keep suppressing interest rates to near-zero rates for more than a year, according to Federal Open Market Committee...

Market Basket Tells Workers: Return by Friday or You’re Done

Bob Adelmann August 13, 2014

Employees on strike from Market Basket over the firing of CEO Arthur T. Demoulas were given until Friday to return to work or...

Magnet Maker Fights Consumer Agency Over Regulatory Overreach

Bob Adelmann August 7, 2014

The maker of little Zen Magnets has decided to challenge the Consumer Product Safety Commission in a duel to the death. ...

July BLS Jobs Report: The Sound of One Hand Clapping?

Bob Adelmann August 4, 2014

Tread carefully when parsing the latest jobs report from the Bureau of Labor Statistics. The real picture is much different from the headlines....

Crony Capitalists Rally for ExImBank Subsidies to Mega-Corporations

Thomas R. Eddlem July 9, 2014

The rising opposition in Congress to renewal of the charter for the Export-Import Bank from Tea Party congressmen has spawned an all-out effort...

Central Banks Now Dominate Stock Market, Study Finds

Alex Newman June 19, 2014

Central banks and government entities around the world are now dominant players in the stock market with some $30 trillion invested in equities...

Chinese Economist at IMF Warns of Global Housing Bubble

Bob Adelmann June 16, 2014

IMF deputy Zhu Min has learned nothing from history, announcing another housing bubble that will be "fixed" only by more interference. ...

Oklahoma Affirms Gold and Silver as Legal Tender

Bob Adelmann June 6, 2014

On June 4, Oklahoma joined Utah, Texas, and Louisiana in affirming that gold and silver coins are legal tender in the payment of...

Ride-sharing Revolution Adds Thousands of New Jobs Each Month

Bob Adelmann June 3, 2014

Ride-sharing apps such as Lyft and Uber illustrate the unexpected and welcome benefits the free market provides when it is left alone. ...

Petco and PetSmart Stop Sale of Pet Treats Made in China

Christian Gomez May 22, 2014

As the Food and Drug Administration (FDA) releases a report about increasing pet illnesses and fatalities from Chinese-made pet food, major nationwide pet-supply...