EconomyNews
Lowest Gas Prices for Labor Day Weekend in 11 Years
Good news for those loading up the Tahoe to get out of town this Labor Day weekend: Gas prices are at a record low. The… Read More
EconomyNews
Army Photographer Founds Music Non-Profit to Help Struggling Military Members
When you meet confident, Emmy-winning Michael Henneberger, it’s hard to believe that just seven years ago he was diagnosed with both panic disorder and major depressive… Read More
EconomyCommentary
The Connection Between China’s Stock Market Collapse and Its Past Spectacular Growth
In mid-June, China’s Shanghai Composite Index was up a dazzling 60 percent since the beginning of the year. It was the highest level in more… Read More
EconomyNews
Study: Taxpayers Are Leaving Democrat-Run States for States Controlled by Republicans
In an analysis of Internal Revenue Service income statistics and migration data, Americans for Tax Reform—an advocacy group for lower and simpler taxes—concluded that in… Read More
EconomyNews
5 Million People Left California Over the Past Decade. Many Went to Texas.
About 5 million California residents left the Golden State during the past decade, marking an “unprecedented” number according to a report released this week. The… Read More
EconomyCommentary
Who’s More Environmentally Friendly? Looking at Cabs vs. Lyft
A brand new taxi design was unveiled this week to mixed fanfare in New York City, known as the Taxi of Tomorrow Over the next… Read More
EconomyCommentary
Jobs Report Shows Some Growth, But There Are Warning Signs About Economy’s Future
The Bureau of Labor Statistic’s August jobs report showed little change in the labor market. The payroll survey reported employers added a net 173,000 jobs… Read More
EconomyCommentary
Puerto Rico’s Pathway Forward Without Bankruptcy
After Puerto Rico Governor Alejandro Garcia Padilla announced in June that the island cannot pay its $72 billion debt, there has been an effort to… Read More
EconomyNews
The Truth About Wages in Right-to-Work States
Private sector wages are not reduced in right-to-work states as union advocates have argued, according to a new report released Tuesday by The Heritage Foundation…. Read More
EconomyNews
Wal-Mart Reduces Employee Hours Following Wage Increase
Wal-Mart has been reducing the number of hours employees work in some of its stores following a wage increase earlier this year, according to a report… Read More
EconomyNews
A Year After Obama Visits, California Farmer Struggles to Keep His Farm, Fighting Drought, Regulations
Joe Del Bosque has been a farmer for most of his life. He believes that regulations are one reason why he may be losing his… Read More
EconomyCommentary
The Fed Shouldn’t Pay Attention to Short-Term Changes in Stock Market
Back in grad school (not all that long ago), we pondered whether a central bank should target equity (or other asset) prices to conduct monetary… Read More
EconomyCommentary
This Government Jobs Program Is Ineffective, Ridden With Crime
A job training program for disadvantaged youth—sounds like a good thing. Except maybe when it is plagued by violent crime and doesn’t boost participants’ wages or… Read More
EconomyCommentary
How This New Government Ruling Destroys the Franchise Business Model
The National Labor Relations Board (NLRB) just issued a ruling likely to destroy the franchise business model. To understand how far-reaching this could be, it… Read More
EconomyCommentary
Is the Fed Necessary?
The Federal Reserve opened its annual symposium in Jackson Hole, Wyo., Thursday. Its experts have assembled to discuss “inflation dynamics.” Concurrently, another group of economists… Read More
EconomyCommentary
Don’t Believe the Hype: Boeing Will Be Just Fine Without the Export-Import Bank
Airplane manufacturer Boeing is suggesting that it will lay off “several hundred” workers by the end of the year unless lawmakers resurrect the now-defunct Export-Import Bank…. Read More
EconomyCommentary
No, the Federal Reserve Cannot Set Interest Rates
As the Federal Reserve summer symposium in Jackson Hole, Wyo. begins, I thought I’d set the record straight. The Federal Reserve cannot just set interest rates…. Read More
EconomyCommentary
Why the Government Can’t Resist the ‘Affordable’ Housing Game
Next month will mark seven years of federal government conservatorship of the two government-sponsored mortgage giants, Fannie Mae and Freddie Mac. To cap off this… Read More
EconomyCommentary
How a Higher Minimum Wage Could Lead to Automated Restaurants
Want to know what the future of the restaurant industry looks like? It could come in the form of a San Francisco fast food restaurant named… Read More
EconomyCommentary
Three Things Americans Should Know About the Stock Market Turmoil
It’s too early to know if the stock market drop is just one of the periodic corrections by which the market reallocates capital to more… Read More
EconomyCommentary
How US Should Respond to China’s Stock Market Collapse
To give perspective, China is the world’s second largest economy, as well as the second largest importer. It is the largest trading nation for 75… Read More
EconomyNews
Why China’s Economy Is Scaring the World, Explained in 90 Seconds
Stock markets in the United States plunged over the past week, and many are blaming a place far away from home: China. Investors around the… Read More
EconomyNews
The IRS Is Looking to Tax Employer-Provided Meals
Free employee meals may be slapped with a price tag as the Internal Revenue Service inches closer to deciding whether to tax the complimentary perk…. Read More
EconomyNews
China’s Economic Woes Jolt Global Stock Markets
U.S. stock markets plummeted Monday, furthering a global market decline that has eliminated nearly $10 trillion from international shares as concerns grow over China’s economic… Read More
EconomyCommentary
Majority of Food Stamp Recipients Are Now Working Age Adults, Not Children or Seniors
The nation’s Supplemental Nutrition Assistance Program (SNAP, formerly food stamps) experienced mixed results in 2014. Participation and average benefit amounts fell slightly from the previous… Read More
EconomyCommentary
Cartoon: The Next Destination of America’s Favorite Cookie
The Heritage Foundation’s Bryan Riley wrote this week about how sugar policies were behind Oreo’s move: The manufacturer of Oreo cookies recently announced plans to… Read More
EconomyNews
Maine Sign Language Interpreter Has to Pay Nearly $1K in Fees Each Year to Legally Work
Arricka Nowland is no stranger to fees. Fees to renew her certification as an American Sign Language (ASL) interpreter in the state of Maine, fees… Read More
EconomyCommentary
Drunk Driving Is Down in California (Thanks to Uber)
There were only two drunk driving arrests last New Year’s Eve in San Francisco, the lowest it’s been since 2009, according to crime statistics from… Read More
EconomyCommentary
Widely Held Misconceptions About the Tax Code That Reform Would Fix
A recent Rasmussen poll revealed that a strong majority (71 percent) of Americans believe that middle-class Americans pay a larger share of their income in… Read More
EconomyCommentary
Labor Department Should Withdraw Proposed Conflict of Interest Rule
The Department of Labor recently proposed seven rules imposing new obligations on firms selling securities to retirement plans and individual retirement account (IRA) investors. If… Read More
