Economy
White House Rejects Media Claim Trump Backs H-1B Outsourcing Visas
President Donald Trump is using the nation’s multiple visa programs to encourage foreign investment, but not to replace…
Jiffy Corn Muffin Mix Still Costs Less than One Dollar 75 Years Later
Jiffy corn muffin mix, which has been a Thanksgiving staple for nearly a century, still costs less than one dollar 75 years…
Understanding the Federal Reserve – Activist Post
Looking at the above title, the reader may conclude that he has begun to read an article that he might better save until he…
Maersk to Resume Suez Canal Shipping Operations ‘as Soon as Conditions Allow’
Shipping giant Maersk said on Tuesday that it was close to resuming shipping through the Suez Canal almost two years after…
Gas Prices Creeping Near Lowest Level in Four Years Ahead of Thanksgiving Holiday
Gas prices are creeping near their lowest level in four years ahead of the Thanksgiving holiday, with the national average…
American Consumers Cut Back on Some Purchases Despite Higher Spending in September
American consumer spending rose modestly in September, shutdown-delayed government data released Tuesday show. Retail sales…
Consumer Confidence Plunges to Near-Lowest Level This Year
Consumer confidence tumbled in November to its second-lowest reading since April, as Americans grew increasingly pessimistic…
Mark Zuckerberg’s Meta to Buy AI Chips from Google Threatening Nvidia’s Market Power
Nvidia fell more than four percent in morning trading after reports emerged that Mark Zuckerberg’s Meta is in talks to spend…
Core Producer Price Climb 0.1% But Soaring Energy and Food Prices Drive Overall Inflation Higher
A key measure of prices charged for goods and services produced in the U.S. showed that inflation continued to ease in…
The Grumpy Economist Takes On New York City Rent Controls
Credit John Cochrane for a brilliant blast of rent controls. A Way Out of the Affordability Crisis [Not] Let’s start with an…