Jul 22, 2014
The downing of Malaysia Flight 17 casts new light on just how inept and decadent the United States and Europe have become.
Jul 18, 2014
If Yellen can't run the Fed responsibly and at least acknowledge the inflation data on her desk, Congress will leash monetary policy in ways that make future crises a lot worse.
Jul 16, 2014
The economy is recovering from a harsher-than-normal winter, but the pace of growth for the balance of this year and next will not create nearly enough decent jobs for the millions unemployed and recent graduates working at venues like Starbucks.
Jul 14, 2014
Federal Reserve Chairman Janet Yellen will testify to Congress Tuesday and Wednesday about the economy and future Fed policy. We won't learn much about either, because the Fed refuses to recognize the facts on the ground.
Jul 11, 2014
Stocks may be trading near record levels, but the bull market still has plenty of room to run. Changes in technology and the economy that permit businesses to use capital far more efficiently will likely drive equities much higher.
Jul 10, 2014
Americans keep hoping for a robust recovery , one that delivers better-paying jobs and decent returns on retirement savings. Changes in technology and the economy may require that never happens, and government efforts to improve conditions often multiply the misery.
Jul 3, 2014
The economy added 288,000 jobs in June. Overall jobs creation has improved in 2014, but it remains far short of the 390,000 needed each month to keep up with population growth and genuinely reduce unemployment, and well less than the pace accomplished during the Reagan–Clinton prosperity.
Jul 2, 2014
Thursday, the Labor Department is expected to report the economy added 211,000 jobs in May. In line with the pace so far this year, that is far short of what is needed to keep up with population growth and genuinely reduce unemployment.