Economy - The New American

Fed to Hold Interest Rates Steady; Seeks Increase in Inflation

Fed Chairman Jerome Powell suffers from the delusion that smart people in high places with advanced degrees can beneficially manipulate a $22 trillion...

Bob Adelmann January 30, 2020

Cities Interfere in Free Market by Restricting Dollar Stores

Steve Byas January 11, 2020

City officials would do better to make sure to police the streets, and put out the fires, rather than to dictate how much...

Economy Adds Another 145,000 Jobs in December, Says Labor Department

Bob Adelmann January 10, 2020

December capped off a remarkable year for the U.S. economy. ...

Report: Your State Is Likely DESTROYING Your Money

Selwyn Duke January 8, 2020

Your current dollars are worth less than four cents relative to their value in 1913, the year the privately owned Federal Reserve took...

Trump’s Tax Cut Act 2.0 Coming

Bob Adelmann January 6, 2020

Trump is certain to offer his “tax cut 2.0” proposal later on this year even though the House would reject it out of...

Money Manager Claims Now Is Time to Buy China Stocks

Bob Adelmann January 6, 2020

Stocks making up the Shanghai Composite Index are cheap and likely to get cheaper. Perhaps much cheaper. ...

Dow at 32,000 in 2020?

Bob Adelmann January 1, 2020

Opinions differ about the future. But hasn't that always been the case? ...

Shoppers Set Holiday Records This Year, Exceeding Expectations

Bob Adelmann December 26, 2019

The U.S. consumer continues to do what he does best: improve his standard of living through the amazing productivity of the free market,...

U.S. Getting Back Into Rare Earth Processing to Break China’s Monopoly

Warren Mass December 26, 2019

The United States will resume “rare earth elements” (REE) processing, breaking a monopoly by which China controlled 97 percent of the world’s supply...