The Fed’s Baffling Response to the Coronavirus Explained
Because our banks aren't nationalized, its inability to work with Congress has resulted in another botched attempt at crisis management.
Hiring Surges in January as Americans Flood Into Job Market
Still, the economy faces threats from China’s viral outbreak, an ongoing trade war and struggles at Boeing.
U.S. Adds 145,000 Jobs; Unemployment Holds at 3.5%
The job market remains strong, although hiring and wage gains have slowed.
The Fed Protects Gamblers at the Expense of the Economy
Its forced choice to bankroll hedge funds and other speculative ventures in repo market comes at a price to the middle class.
Paul Volcker’s Long Shadow
The former Fed chairman’s obituaries leave out how his policies devastated lives in the 1980s and underwrote the 2008 financial crisis.
How Loan Companies Prey on an Unsuspecting Public
A new investigation reveals that high-interest lenders in Utah using small claims courts to arrest borrowers and take their bail money.
Trump to Tariff Steel and Aluminum From Argentina and Brazil
The president asserts he'll retailate against the South American countires for hurting American farmers through currency manipulation.
Is the Run on the Dollar Due to Panic or Greed?
Some experts believe bankers are depriving small businesses of affordable loans in order to line their own pockets.
U.S. Adds a Solid 128,000 Jobs in October, Despite GM Strike
The sturdy labor market remains a vital source of strength for the economy and makes the Federal Reserve less likely to cut interest rates.
The Disaster of Negative Interest Rates
If the president wants the federal government to be able to borrow cheaply, there are far better options than negative interest rates.
