It is unlikely that the Fed will cut rates at all this year; and, if inflation stays hot, it may find that it will need to begin a new cycle of rate hikes sometime next year.
The pace of economic growth in the first three months of the year was far more sluggish than anyone expected—and inflation was much higher.
Jerome Powell spoke today from our nation's capital and indicated what we all know to be true: The Fed has no business cutting rates at this time.
In court documents made public on Wednesday, Manhattan District Attorney Alvin Bragg indicated that, if former President Trump chooses to take the stand in his ongoing "hush money" trial, Bragg would cross-examine him on
The big driver of General Motors' great earnings report has been the Detroit automaker's decision to focus on selling the gas-powered vehicles their customers want to drive instead of the electric vehicles the Green New Deal activists think they should be driving.
Perhaps if we started an Inflation Day movement, more attention could be drawn to the fact that rising price levels are the results of public policy choices.
Senate GOP Must Seize Opportunity To Expand Trump Tax Cuts Authored by Stephen Moore and Adam Brandon via RealClear Politics, President Joe Biden came into office promising to repeal President Trump’s 2017 Tax Cuts and Jobs Act – a law that turbocharged American job growth and U.S. national competitiveness. In the first two years of the Biden administration, there was a chance that the president could have succeeded in undermining the law. Yet, today, as Biden finishes his term,...
As is so often the case with Bidenomics, even good news is bad news because of the upward inflationary pressure.
By KIMBERLEE KRUESI Associated Press NASHVILLE, Tenn. (AP) — Tennessee’s GOP-controlled General Assembly has adjourned for the year, concluding months of tense political infighting that ultimately doomed Republican Gov. Bill Lee’s universal school voucher push. But the session also ended Thursday with outrage from Democrats and gun control advocates over the last minute approval of
Tennessee lawmakers adjourn after finalizing $1.9B tax cut and refund for businesses
Talking about tax policy is one of the best ways for President Joe Biden to create a contrast with Donald Trump on who will fight for average Americans. As Trump told a group of wealthy campaign donors earlier this month, one of his signature issues if elected president in November will be extending the tax cuts Republicans enacted during his term in 2017—which overwhelmingly benefited wealthy Americans. There's no audio of the statement, but it echoes comments Trump made last year during a...
The latest edition of the Beige Book provides far more red flags than silver linings.