New Weekly Unemployment Claims Remain Below 300,000, Longest Streak Since 1967
Thursday's report that unemployment remains very low should be no surprise to those who understand how the capital system works, when it's allowed to. ...
Economics
CBO Update: Trillion-dollar Deficits to Arrive Two Years Sooner
The latest report from the Congressional Budget Office about the state of the economy isn't apocalyptic. It just points the way. ...
Sound Money Bill in Congress Would Define Dollar as Unit of Gold
Legislation introduced in Congress recently would define the U.S. dollar as a fixed amount of gold, a move that supporters say would help stabilize the monetary system while protecting savers, workers,...
Census Bureau Forecasts Older Americans Will Outnumber Children by 2030
A Census Bureau report noted that by 2030, as Baby Boomers age, the size of the older population will grow such that one in every five U.S. residents will be of...
Are Tariffs Good for America?
Trump's announcement of protective tariffs for steel and aluminum has resurrected the old arguments over the subject — arguments that go back to the earliest days of the republic. ...
The Hidden Cost of Electric Cars: Government Subsidies and Manipulated Markets
In the past few years of heavy marketing and favorable media coverage, one would expect that the electric-car market would have taken off. It hasn’t, though; it survives on government handouts....
Trump’s Proposed Tariffs on Steel and Aluminum Alarm Some Republicans
President Trump announced that he is going to impose tariffs on imported steel and aluminum, much to the consternation of House Speaker Paul Ryan and others in the GOP. ...
Fed Chairman Powell Forecasts Interest Rate Increases to House Committee
Fed Chairman Jerome Powell addressed the House Financial Services Committee, and his hints that interest rates may gradually be increased affected the financial markets. ...
Public-Private Partnerships the Key to Trump’s Infrastructure Plan
On the surface, the White House’s plan to rebuild America’s failing infrastructure looks like magic, and it relies heavily on the concept of “public-private partnerships” to fund the program. ...
Alabama Bill Would Encourage Use of Gold and Silver in Trade
Legislation making its way through the Alabama legislature would exempt gold and silver from state taxes, thereby facilitating the use of precious metals in commerce while ending what supporters of the...
ExxonMobil Announces $35 Billion in New Investments in U.S. Thanks to Tax Reform
Tax reform and deregulation have unleashed an economic tsunami whose impact is impossible to estimate, such as that happening at ExxonMobil. ...
High-end Gun Maker Quits California, Announces Move to Wyoming
A company move by Weatherby, a tiny but prestigious gun maker, sends a big message: People and businesses tend to move where they are treated best. ...
Trump Launches First Salvo in Trade War
By putting "America First" through instigating a trade war, Trump is putting American consumers last. ...
Craziest Idea of 2017: Let Students Pay Down Their College Loans by Delaying Their Social Security Benefits
What a world! Broken promises traded for other broken promises, and offered with a straight face! ...
Mileage Tax Could Drive More Middle-class Residents From California
A proposal to charge California drivers for every mile they drive threatens to bring an end to a way of life in the Golden State. ...