2+ hour, 30+ min ago  (742+ words) The bill for Biden-era monetary policy is still coming due years later. Kevin Warsh’s inaugural meeting as Chairman of the Federal Reserve propelled a stock market sell-off, with a hawkish shift moving expectations from rate cuts to a potential hike…...

2+ week, 6+ day ago  (422+ words) Affluence is not measured by your annual income. Affluence is determined by how many of your resources you manage not to spend — the amount of income you keep. The idea that you should live below your means is obvious, isn’t…...

3+ week, 1+ hour ago  (732+ words) As global markets continue to adjust in response to international developments, one thing is clear: the reopening of the Strait of Hormuz marks a significant turning point for the U.S. economy. Oil prices are already down to $75 per barrel, gasoline dipping…...

3+ week, 21+ hour ago  (689+ words) The Federal Reserve held rates steady at its June meeting. That wasn’t the story. What mattered: Kevin Warsh sees a credibility crisis. The fix is to deliver on past promises, not signal the future. I’ve known Warsh since 2002, when we…...

1+ mon, 1+ day ago  (426+ words) It is no exaggeration to say that newly installed Federal Reserve Chairman Kevin Warsh will be one the most scrutinized heads of the institution. His highly anticipated debut in this new role is scheduled for the central bank’s meeting during…...

1+ mon, 1+ week ago  (156+ words) A new jobs report exceeded expectations despite the U.S. economy facing inflation and record debt. U.S. payrolls rose by 172,000 last month, far above the Dow Jones’ 80,000 estimate that CNBC reported Friday. Unemployment remained steady at 4.3%. “Almost every industry is hiring again except…...

1+ mon, 1+ week ago  (376+ words) Leading executives at ExxonMobil and Chevron sounded an alarm during a recent Bernstein conference: Global oil inventories are plunging to dangerously low levels, setting the stage for a potential price explosion that could reshape economies and expose the fragility of…...

1+ mon, 1+ week ago  (571+ words) Friday’s jobs numbers confirm what small businesses already know: The underlying economy is far stronger than the mainstream media and financial commentators suggest. Employers added 172,000 jobs last month, unemployment remained low at 4.3 percent, and previous job gains were revised upward…...

1+ mon, 2+ week ago  (582+ words) For two decades, the Federal Reserve has behaved less like a central bank and more like the nation’s emergency room physician, trauma counselor and part-time life coach. Markets sneeze, the Fed reaches for liquidity. Congress overspends, the Fed absorbs the…...

1+ mon, 3+ week ago  (140+ words) Americans’ confidence in the economy has dropped to a nearly four-year low, according to a Gallup poll released Friday. Gallup’s Economic Confidence Index...