Economy
Looking Behind the Latest Jobs Report Numbers
Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate...
Boston Fed Chairman Calls for More Inflation, Even If It Doesn’t Help Economy
Federal Reserve Bank of Boston President and CEO Eric S. Rosengren told a Babson College audience November 1 he favored the Federal Reserve...
Read moreAgencies Set to Unleash Tsunami of Regulations after the Election
After learning that the White House had failed to enforce the law in order to protect President Obama’s reelection chances from potential negative...
Read morePreliminary GDP Report a “Nasty October Surprise”
The preliminary report from the Bureau of Economic Analysis on Friday about the nation's economic activity during the last quarter was called "a...
Read moreElectric Car Battery Maker Goes Bankrupt Despite $500M in Subsidies
Another day, another subsidized “green energy” firm going bankrupt. This time it’s A123 Systems Inc., a Massachusetts-based manufacturer of batteries for electric cars...
Read moreMaking Sense of Friday’s Jobs Report
The Bureau of Labor Statistics (BLS) issued its latest jobs report on October 5 and confounded nearly everyone. The first part of the report, based...
Read morePortugal Plans to Cure Sick Economy With Big Tax Hikes
Portugal has announced big tax increases to solve its current sovereign debt crisis. Independent private analyst firms such as Fitch Rating, Standard & Poor’s, and...
Read moreBond Fund Manager Says Only Gold Will Survive the Coming Disaster
In his October newsletter to clients of Pacific Investment Management Company (PIMCO), founder Bill Gross summarized the coming disaster that faces the country,...
Read moreFed Chairman Admits His Economic Model Is Japanese Economic Stagnation
Federal Reserve Chairman Ben Bernanke said in an October 1 speech that his U.S. central bank would copy Japanese economic policy to get...
Read moreHillary Clinton Advocates Less Govt. Regulation in Libya, Egypt
In a speech to Arab leaders at the Waldorf Astoria Hotel in New York on Friday, September 28, Secretary of State Hillary Clinton...
Read moreJury Clears Minnesota Farmer of Raw Milk Charges
In what his attorney called “a huge victory for food freedom,” a Minnesota farmer was acquitted by a jury of the “crime” of...
Read moreBernanke Touts Quantitative Easing in Jackson Hole Speech
Federal Reserve Chairman Ben Bernanke signaled that the Fed would return to another round of “quantitative easing” (QE) in his August 31 annual address from...
Read moreNew Fuel Economy Standards Imposed: Separating Hype From Reality
The hyperbole surrounding the White House's announcement yesterday of much higher fuel economy mandates is in sharp contrast to what consumers really want....
Read moreThe World is Waiting for Fed Chairman Bernanke at Jackson Hole
Federal Reserve Chairman Ben Bernanke is expected to give his annual Jackson Hole speech on August 31 while the world waits in anticipation. They...
Read moreFCC Ponders Taxing Internet Providers
The FCC is considering imposing a tax on Internet providers, according to a story reported in The Hill. The Internet has become a means...
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