By Rick Manning Federal Reserve Chair Janet Yellen will be speaking on August 22 on the nation’s employment situation at a meeting of the Fed in Jackson Hole, Wyoming. Yellen’s speech is expected to explain some of the factors that she uses to look beyond the headline […]
By Rick Manning Seemingly contradictory economic headlines jumped out over the past couple of weeks. In one, federal revenues are reaching all-time highs with the Department of the Treasury projecting another 5 percent gain in revenues after posting a whopping 13 percent increase in 2013 due at least in part to […]
By Marita Noon I suspect most readers of my column do not religiously read The Atlantic. I don’t either. But I have people — readers who alert me to news and information I might not see otherwise. Though the Atlantic has gained recent notoriety for […]
By Rick Manning School bells across America are ringing again with trusting parents putting their precious cargo on yellow buses for another year of learning. In local school board meetings and state capitols around the nation however, a debate is occurring that would shock most parents. It […]
By Robert Romano “Fractional reserve banking is a tautology. Banks aren’t in business, nor could they remain in business if they simply warehoused money. Instead, they borrow money from depositors seeking a return on their savings, and who don’t need access to their savings right away, only […]
By Rick Manning Does anyone think it is any coincidence that two Republican Governors who are all considered presidential contenders for 2016 are being subjected to what can be at best described as spurious prosecutions led by Democratic prosecutors? Governor Rick Perry of Texas is the latest […]
By Robert Romano Are e-cigarettes a tobacco product? The Food and Drug Administration (FDA) seems to think so. In a rule proposed in April , the agency would define e-cigarette cartridges as a tobacco product under the Federal Food, Drug, and Cosmetic (FD&C) Act. That, even though e-cigarettes do not even contain any […]
By Marita Noon During the week of July 28, the Environmental Protection Agency (EPA) held hearings in four cities: Atlanta, Denver, Pittsburgh, and Washington, DC. The two-day sessions were to allow the public to have their voice heard about the proposed rules it released on June 2 […]
By Robert Romano The old saying, “So goes retail, so goes the economy” is not without its rationale. A primary indicator of consumer confidence, retail spending has been rather predictive of overall economic performance since the Commerce Department began publishing the figures in 1992. When spending is […]
