Economy - The New American

Lawsuit by Three Uber Drivers Could Overturn the Gig Economy

Three Uber drivers could kill the nascent "gig" or "sharing" economy in its crib by suing to be deemed "employees" of the company,...

Bob Adelmann September 2, 2015

Communist China Dumps U.S. Debt Amid Economic Turmoil

Alex Newman September 1, 2015

Facing an imploding stock market and the potential for even more widespread economic chaos, the dictatorship ruling mainland China — the top foreign...

Minimum Wage Hikes Compel Restaurants to Consider “No-Tipping” Policies

Raven Clabough August 25, 2015

Minimum wage hikes have provided restaurant owners across the country the opportunity to tackle what many have criticized to be unfair tipping practices....

Latest Report: Technology Is “A Great Job Creating Machine,” Not a Job Destroyer

Bob Adelmann August 19, 2015

After reviewing 140 years of data in England and Wales, the consulting firm Deloitte just reported that technology has actually created more jobs...

Shell Gets Final Approval to Drill in the Arctic Ocean

Bob Adelmann August 18, 2015

On Monday the U.S. Department of the Interior issued a final approval to allow Royal Dutch Shell to start drilling an exploratory oil...

Commerce Department Loosens Ban on Oil Exports

Bob Adelmann August 17, 2015

In a remarkable confluence of common sense and establishment approval, Congress is likely to look favorably upon eliminating the U.S. oil export ban...

Trickle of Companies Leaving Illinois Turning Into a Flood

Bob Adelmann August 14, 2015

Illinois is a poster child for progressive politics and their inevitable painful results. ...

Saudi Arabia’s Cash Reserves Dwindling, Forcing It to Borrow

Bob Adelmann August 7, 2015

The Saudis are caught in a pickle: Cut oil production and lose market share, or continue to pump until they're out of money....

What’s the Cause of the U.S. Egg Shortage?

TNA Video August 3, 2015

VIDEO - Writer Rebecca Terrell discusses the current egg shortage that is happening in the United States. The question is posed whether government...

Chinese Plunge Protection Team Failing to Stem Stock Market Declines

Bob Adelmann July 30, 2015

Individual investors in China's stock markets are cannon fodder for insiders' manipulations, just as they are in the United States. ...

Home Ownership Rate Lowest Since President LBJ

Bob Adelmann July 29, 2015

Census Bureau records show that home ownership has dropped to the lowest level since 1967, despite government intervention in the economy to achieve...

“Sharing,” or “Gig,” Economy Catching Flak From Democrats

Bob Adelmann July 16, 2015

The Internet continues to drive the "sharing" economy while confounding statists who want to control it. ...

David Cameron: We Will “Rue the Day” We Defeat the TTIP

Joe Wolverton, II, J.D. July 16, 2015

U.K. Prime Minister David Cameron accuses opponents of making up stories to scupper the Transatlantic Trade and Investment Partnership (TTIP). ...

Support to Lift Crude Oil Export Ban About to Overwhelm Obama

Bob Adelmann July 10, 2015

Two Obama supporters, the Laborers’ International Union and the International Union of Operating Engineers, are urging Congress to lift the crude oil export...