News
Time for Jerome Powell to Go Home
17+ hour, 14+ min ago (804+ words) " " " " The man just won't leave the stage. " " " " Fed Chairman Jerome Powell announced last week that he's going to remain on the Federal Reserve Board until 2028 even as he by law surrenders his chairmanship. The announcement came even after President Donald…...
BREAKING: US Jobs Market Blows Past Expectations " Again
1+ day, 44+ min ago (570+ words) Has the job-creation market begun to recover from a year off? For the second straight month, the US economy beat economists' expectations to deliver a solid month of growth in the labor market." The US added 115, 000 jobs in April, the…...
'Death Spiral': Iran May Be Near Tipping Point, Says WSJ – Hot Air
1+ week, 2+ day ago (145+ words) Iran's economy nears collapse amid war, sanctions, and political unrest, risking a tipping point in 2026....
BREAKING: Oil Shock Spikes Inflation in March
4+ week, 1+ day ago (553+ words) No one who gassed up their car in the past six weeks could be surprised by this news. In fact, today's report from the Bureau of Labor Statistics might offer a sigh of relief, because it could have been worse....
The Economists Who Got It Right
1+ mon, 1+ week ago (715+ words) " " " " Politicians say they can "make the economy work better." " " " " I once believed they could. " " " " But years of reporting taught me that politicians' attempts to "fix" the economy usually make things worse. " " " " Twenty years ago, Republicans and Democrats helped create the…...
A Revealing Discussion on the Wealth Tax With One of It's Designers
3+ mon, 2+ week ago (198+ words) Right out of the gate, Saez explains that he doesn't think many billionaires will leave to avoid the tax and even those who want to will be trapped by it's retroactive design. Catherine Rampell turns out to be the voice…...