Economics & Economy

Economics & Economy

What's really happening behind political and business smoke and mirrors.
Obamacare fines

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Now that Obamacare is firmly in place as the law of the land it's a bit late to start thinking of its costs, but the costs are mounting. Let's think about them.

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The federal government is on a collision course with financial collapse. The Congressional Budget Office finally admits it.

Hellenic Parliament.

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WASHINGTON, June 18, 2015 – After Wednesday afternoon’s somewhat surprising rally, which launched just prior to the Federal Reserve Open Market Committee (FOMC) minutes...

Federal Reserve Building.

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WASHINGTON, June 17, 2015 – The Federal Reserve’s Open Market Committee (FOMC) minutes were officially released on schedule Wednesday afternoon. Stock averages had moved...

Free Trade, Branco cartoon.

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WASHINGTON, June 15, 2015 – It looks like we’re back to Blue Mondays on Wall Street these days. U.S. stocks were hit hard at...

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Does the administration really need a Congressional grant of power to conclude a trade agreement? The short answer is no.

Bernie Sanders and the 90% Tax

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Poverty is a problem, but not the one Sanders wants to solve; he cares about inequality. Rather than give us all chances to be rich, he only wants us all equal.

TMX board listing bond trades.

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WASHINGTON, June 5, 2015 – Friday’s stock market trading threatens to degenerate into another free-for-all, similar to Thursday’s rolling disaster. Bond have been brutally...

Fed Chair Janet Yellen swears in Fed Governor Lael Brainard.

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WASHINGTON, June 2, 2015 – The few realists still surviving in the nation's capital continue to dribble out, with great caution, this year’s obviously...

Hamlet and Yorick.

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WASHINGTON, June 1, 2015 – In spite of positive numbers showing up in the averages at the noon hour Monday, stocks are still essentially...

Top Photo Galleries

Move LIve Tour - Derek and Julianne Hough - Image Jacquie Kubin - Artist retains all copyright

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Images from the July 3, 2015 performance of Move with Julianne and Derek Hough taken at Wolf Trap, Vienna, VA