S&P 500, on Thursday, is holding on to its gains from last night after the Bureau of Economic Analysis said the core personal consumption expenditures price index eased to 5.0%…

The European Central Bank is set to embark on a critical chapter in its inflation fight, likely to usher in more divisive monetary policy moves. Interest rate hikes to be…

One of my favorite teaching lessons in economics is the division of labor. It’s one of those ideas that reminds me of my late father’s dual roles, that of both…

According to a task force supported by the government, the financial services industry in the UK should do more to reach the ‘class’ limit, with new goals calling for 50% of senior executives…

In 2016, I described what Congress could have done with the then-astronomical $1.5 billion Powerball winnings. With the recent $2.04 billion Powerball prize, it’s time for an update. What could…

Initial claims for regular state unemployment insurance fell by 16,000 for the week ending November 26th, coming in at 225,000. The previous week’s 241,000 was revised up from the initial…

Reprinted from the Independent Institute The US is still in a state of emergency for Covid-19 and monkeypox. However, the country has another longstanding and quickly worsening public health concern—mental…

Lloyds (LON: LLOY) share price had a strong performance in November as stocks rebounded. The stock surged to a high of 47.38p, which was the highest level since September 22.…

I f**king hate Apple. I think it is terrible for society and wields far too much power. Having said that, it has been my biggest single-stock holding for years. And…

Financial markets reacted joyfully to Jerome Powell’s speech at the Brookings Institution yesterday. More details can be found here. But to say that it is only the Fed, or its…