Economy - The New American

Trans-Pacific Partnership (NAFTA on Steroids) Threatens Sovereignty

The TPP is "NAFTA on steroids" and will do even greater damage to the economy and sovereignty of the United States. ...

Joe Wolverton, II, J.D. June 26, 2014

Central Banks Now Dominate Stock Market, Study Finds

Alex Newman June 19, 2014

Central banks and government entities around the world are now dominant players in the stock market with some $30 trillion invested in equities...

Chinese Economist at IMF Warns of Global Housing Bubble

Bob Adelmann June 16, 2014

IMF deputy Zhu Min has learned nothing from history, announcing another housing bubble that will be "fixed" only by more interference. ...

Russia-China Deals: Another Nail in the Coffin for U.S. Dollar

Alex Newman June 12, 2014

The Kremlin and the Communist Chinese regime, through their state-controlled “companies,” have been signing major deals with each other that analysts say will...

U.S. Dairy Industry May Pull Support for Trans-Pacific Partnership

Joe Wolverton, II, J.D. June 11, 2014

Organizations representing the milk and dairy industry have threatened to pull their support for the Trans-Pacific Partnership unless Canada and Japan agree to...

IMF May Move From D.C. to Beijing, Chief Says

Alex Newman June 11, 2014

International Monetary Fund boss Christine Lagarde shocked the world by saying IMF headquarters could someday move from Washington, D.C., to Beijing. ...

Oklahoma Affirms Gold and Silver as Legal Tender

Bob Adelmann June 6, 2014

On June 4, Oklahoma joined Utah, Texas, and Louisiana in affirming that gold and silver coins are legal tender in the payment of...

National Mortgage Database: Big Brother Is Watching You

Michael Tennant June 3, 2014

The federal government is building a National Mortgage Database that will contain vast amounts of highly personal information on individual Americans. ...

Ride-sharing Revolution Adds Thousands of New Jobs Each Month

Bob Adelmann June 3, 2014

Ride-sharing apps such as Lyft and Uber illustrate the unexpected and welcome benefits the free market provides when it is left alone. ...

Michigan Joins Other States in Raising Minimum Wage

Bob Adelmann May 29, 2014

Freedom has suffered another blow, this time in Michigan, which has just raised its minimum wage along with its unemployment rate. ...

Government Cuts California Oil Reserve Estimates 96 Percent

Bob Adelmann May 23, 2014

The joyous celebration by environmentalists that California's Monterey shale oil formation is presently inaccessible will likely turn out to be premature. ...

Petco and PetSmart Stop Sale of Pet Treats Made in China

Christian Gomez May 22, 2014

As the Food and Drug Administration (FDA) releases a report about increasing pet illnesses and fatalities from Chinese-made pet food, major nationwide pet-supply...

IMF Bailout for Ukraine and a New World Currency

Alex Newman May 7, 2014

While much of the world was distracted by the supposed clash over Ukraine between Russian strongman Vladimir Putin and Western politicians, the International...