Zuckerberg, Facebook, Lose Billions In Stock Drop
In less than an hour on Wednesday, Facebook tycoon Mark Zuckerberg lost $16.8 billion. But the real loser isn’t Zuckerberg: It’s the investors...
Sectors
Texas to Pass Iraq and Iran to Become World’s Third-largest Oil Producer
Thanks to increasing production in the Permian Basin in West Texas, Texas is set to pass Iraq and Iran to become the world’s...
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Trump Reviving Deep State ExIm Bank?
President Trump's nomination for a new ExIm Bank president suggests he favors reviving the bank notorious for subsiding communist regime's acquisition of sensitive...
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More Good News for the U.S. Economy: Job Openings Set New Record
Though jobs are plentiful, some economists are predicting a downturn, which recalls the truism that economic forecasting makes weather forecasting look good. ...
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Federal Biofuel Mandates Are an Expensive Flop
Federal biofuel mandates have failed to accomplish their stated objectives while forcing consumers to pay higher prices for food and fuel, a new...
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Empire State Survey: Manufacturing Optimism “Tumbles”
Since the Empire State Manufacturing Survey — taken by the New York Federal Reserve — measures the economic outlook of just 200 manufacturers...
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The State Where People Are Afraid to Pump Gas — and the Gov. Wouldn’t Allow it
Should you need a license to pump gas? Some people seem to think so, which is perhaps why Oregon had a 56-year-old law...
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Another Accident That Could Have Been Avoided on Government-subsidized Amtrak
The National Transportation Safety Board (NTSB) reports that the Amtrak train that derailed on Monday on its way to Portland from Seattle was...
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U.S. Economy Powers Through Hurricanes, Beats Forecasts With Three-percent Growth in Third Quarter
A strong economy is overriding economic turbulence, including the damage and unemployment from hurricanes, historical concerns about the 2018 midterms, and lower local...
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Many Surprises in Latest Jobless Claims Report
There are several surprises in the Department of Labor's new jobless claims statistics, pointing to an improvement in the economy. ...
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Robots Making Humans More Efficient, Opening Up New Jobs
Robots are increasing efficiency in manual-labor jobs such as construction and warehousing, working right alongside people. But as some jobs are replaced, new...
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Pew Research: Gap Between Promises and Assets Widens for State Pensions
The eighth wonder of the investment world — compound interest — won't be enough to bail out underfunded pension plans. ...
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Hotel Industry Using Government to Crush Airbnb
The hotel industry is lobbying government at all levels to impose regulations and taxes on Airbnb in an effort to stifle competition. ...
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U.S. Rig Count Up, OPEC Influence Down
Despite OPEC’s attempt to manipulate world crude-oil prices to its benefit, the oil and gas rig count in the United States jumped by...
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Cash-only Medical Care Benefits From IRS Non-enforcement of ObamaCare Mandate
With the Internal Revenue Service's abdication, ObamaCare's doom is sealed. The free market, on the other hand, is gearing up to provide alternatives....
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