Economics & Economy

Economics & Economy

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

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WASHINGTON, May 22, 2016 — The U.S. Department Labor (DOL) has changed the overtime rules for much of the American workplace, likely hurting millions...

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Obamacare has helped slow economic growth to a crawl, and minimum wage hikes will destroy jobs; the rule on overtime will be another blow to the economy.

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WASHINGTON, May 18, 2016 – Short report today as we assess the Wednesday afternoon damage, courtesy of the latest Federal Reserve minutes release. Issued...

Yo-yo collection.

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WASHINGTON, May 17, 2016 – We’re back to yo-yo market days this week, as Tuesday’s trading action seems to be following a familiar pattern—namely,...

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WASHINGTON, May 6, 2016 – Sell in May syndrome seems to be in full effect in Friday trading action. All major averages are modestly...

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WASHINGTON, May 6, 2016 — Once again, Puerto Rico has defaulted on its bond interest payments after failing to pay $400 million due May...

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America’s dying middle class is putting big-spending blue states in something of a pickle as overtaxed, high-income earners head for tax-haven states.

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WASHINGTON, April 28, 2016 — Recently released figures indicate that U.S. economic growth in the first quarter of 2016 was only 0.5 percent. The...

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WASHINGTON, April 23, 2016 — As I listen to the speeches and the advertisements for the various candidates for president, it seems clear that...

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WASHINGTON, April 22, 2016 – Friday is another one of those trading days we fail to comprehend. Happy talk abounds on investing websites, save...

Top Photo Galleries

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Last week was a very eventful week for the world, can you recall what happened?