Economy
Fed to Blame for Stock Market Selloff?
Wednesday’s selloff on Wall Street can be laid primarily at the feet of the Federal Reserve. ...
Amazon Robotics Is Automating Everything
Amazon, the largest Internet retailer in the world, purchased Kiva Systems, a robotics company specializing in shipping goods, in 2012, and it transformed,...
Read moreRepatriation of Foreign Earnings Gaining Momentum
Thanks to the Trump tax reform, major corporations with billions held overseas are bringing those billions home to be reinvested here. ...
Read moreObama Brazenly Tried to Take Credit for Better Economy Under Trump
Obama told the college students at the University of Illinois that the booming economy we are now experiencing is his work, not Trump's....
Read moreAmerican Business Coalition Launches Anti-Tariff Campaign Against Trump
The trade tariff strategy being implemented by Trump involves patience. For this group of American companies, their patience is wearing thin. ...
Read moreMore Evidence of Robust U.S. Economy
Expect more records to be broken as the U.S. economy continues its remarkable expansion. ...
Read moreWhite House Forecasts 3.5 Percent GDP Growth in Third Quarter
Even Kevin Hassett, chairman of President Trump’s Council of Economic Advisors, fails to grasp the dynamics of the new Trump economy: Five percent...
Read moreDe Blasio, MTA, & Big Taxi Beat Uber, Lyft
At the behest of the public transportation and taxi dirvers’ unions, New York City Mayor Bill de Blasio signed a bill into law...
Read moreU.S. Household Debt at $13.2 Trillion — Cause for Worry?
The latest report from the Federal Reserve Bank of New York triggered all manner of financial anxiety: U.S. household debt is at an...
Read moreTrump Tax Reforms Allow Companies to Expand Benefits, Increase Wages
More and more U.S. companies are using benefits from President Trump’s tax reform program to enhance their employees’ benefits, from paying more of...
Read moreTech Giants Face British Tax, Liability Problems
As if they didn’t have enough problems with stock drops, accusations of political purging and lawsuits from fired employees, the tech giants who...
Read moreUnsustainable: The Government Pension Pickle that Several States are Facing
State employee pensions, negotiated by greedy public employee unions and rubber-stamped by short-sighted politicians have left several states teetering on the edge of...
Read moreHuge Second-quarter GDP Gains; Some Say Unsustainable
President Trump’s celebrated huge second-quarter GDP gains, and on cue, the naysayers came out of the woodwork, explaining why the second quarter’s numbers...
Read moreZuckerberg, Facebook, Lose Billions In Stock Drop
In less than an hour on Wednesday, Facebook tycoon Mark Zuckerberg lost $16.8 billion. But the real loser isn’t Zuckerberg: It’s the investors...
Read moreTexas to Pass Iraq and Iran to Become World’s Third-largest Oil Producer
Thanks to increasing production in the Permian Basin in West Texas, Texas is set to pass Iraq and Iran to become the world’s...
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