By Joseph Lawler | 10/30/13 12:09 PM
Newly released data shows that inflation once again had slowed before the government shutdown delayed the release of federally produced economic statistics.
By Joseph Lawler | 10/28/13 09:04 AM
This week Federal Reserve officials will meet in Washington to discuss monetary policy on Tuesday and Wednesday. Although the last meeting was fraught with apprehension about the possibility of the Fed “tapering” its monthly bond-buying program, this time around few believe that the meeting...
By Joseph Lawler | 10/25/13 01:53 PM
Tea Party favorite Sen. Rand Paul is threatening to place a hold on the nomination of Janet Yellen as chairman of the Federal Reserve unless he gets a vote on a bill to audit the Fed.
By Joseph Lawler | 10/25/13 12:05 PM
American consumers' attitudes are as negative as they have been all year, according to University of Michigan and Thomson Reuters data released Friday morning. The consumer sentiment index, based on a poll of 500 U.S. households, slipped from 77.5 in September to 73.2 in October, missing...
By Joseph Lawler | 10/25/13 05:39 AM
Alan Cole for the Tax Foundation: Everyone is familiar with the concept, if not the terminology, of a marginal tax rate. Earn a new dollar, and some of that dollar is lost to taxes. The concept applies equally to means-tested assistance from the government.
By Joseph Lawler | 10/25/13 05:38 AM
As soon as the ink was dry on the agreement to lift the debt ceiling, President Obama turned to an outside source, Fitch Ratings, to criticize Congress for allowing the government to come within days of defaulting on its debt.
By Joseph Lawler | 10/22/13 02:17 PM
It's been a tough week for Jamie Dimon, who was once widely referred to as "Obama's favorite banker" but is now managing a record $13 billion settlement with federal regulators.
By Joseph Lawler | 10/24/13 11:25 AM
Harvard professor Larry Summers struck an unusually aggressive liberal tone Thursday morning, denouncing the "austerity" of the past few years as "a grievous error" and calling for increased government stimulus.
By Joseph Lawler | 10/24/13 04:57 AM
California's planned increase of its minimum wage to $10 an hour will cost the state 190,000 jobs, a new report from the conservative think tank American Action Forum estimates.
By Joseph Lawler | 10/23/13 02:12 PM
Janet Yellen, President Obama's nominee for Federal Reserve chairman, is generally viewed as a “dove” --someone who, all else equal, prefers looser money and tolerates slightly higher inflation.
By Byron York | 12/08/13
By Richard Pollock | 12/06/13
By Timothy P. Carney | 12/07/13
By Timothy P. Carney | 11/26/13