By Robert Romano “China has a long history of facilitating an undervalued currency through protracted, large-scale intervention in the foreign exchange market. In recent days, China has taken concrete steps to devalue its currency, while maintaining substantial foreign exchange reserves despite active use of such tools in […]

By Robert Romano China has proven itself to be an unreliable trade partner in its negotiations, says President Donald Trump, and now he is levying another 10 percent tariff on $300 billion of Chinese goods that were untaxed. This comes atop the 25 percent tariff on another […]

 By Robert Romano The Federal Reserve is cutting its key interest rate to a range of 2 percent to 2.25 percent, the central bank announced on July 31, citing slowing inflation. The statement noted, “overall inflation and inflation for items other than food and energy are running […]

By Robert Romano The Gross Domestic Product (GDP) grew at an inflation adjusted 2.1 percent in the second quarter of 2019, upping the ante for the remaining quarters in order to get to 3 percent growth for the year, according to data compiled by the Bureau of Economic Analysis. The U.S. economy has […]

By Rick Manning The European Union succumbed to pressure from its candy industry and foreign sugar exporters to unilaterally end sugar subsidies in 2006 with the promise that consumers would be the big winners, an argument that is all too frequently heard in the halls of Congress.  […]

By Robert Romano The Antitrust Division of the Justice Department is setting its sights on big tech firms like Google, Facebook, Twitter and Amazon in announcing a review of potentially anticompetitive activities that could be limiting consumer choices, hurting small businesses and some say even engaging in […]

By Rick Manning The Protecting the Right to Organize Act of 2019 (PRO Act) is a great illustration of just how radical and out-of-touch today’s Democrat Party is. The bill, which has 179 House Democrat cosponsors and 40 Senate Democrat cosponsors, would force millions of workers into unions they oppose and destroy jobs while lining the pockets of liberal fat cat donors. […]

By Richard McCarty With continuously rising medical costs, an aging population, and a shortage of doctors and nurses, a more rational use of health care providers’ time is very much needed. Fortunately, the Trump Administration has been working on a policy to help with this issue. Starting […]

By Robert Romano The Trump economy keeps chugging along with 1.4 million more job openings than jobless. The latest Job Openings and Labor Turnover Survey (JOLTS) survey from the Bureau of Labor Statistics (BLS) shows approximately 7.3 million job openings in May , contrasting with 5.9 million unemployed , with more jobs available than there are […]

By Evan Slaughenhoupt The U.S. Government debt, over $22 Trillion is a sum most cannot grasp. News coverage about deficits while still borrowing money is difficult for most to understand. The average citizen could be excused from comprehending any personal impact. Simply put, debt is […]