George Soros and the progressive DAs he finances claim to be helping the poor and minorities, but those communities are the main victim of rampaging theft. The Target store shutting down in New York is in Harlem, which staged a renaissance during the Rudy Giuliani and Mike Bloomberg mayoralties. It is now sliding back into crime and disorder.
Jared Bernstein has once again demonstrated his complete ignorance of both economic theory and fact—an alarming trait for the chairman of the Council of Economic Advisers. In his attempts to defend the abysmal record of “Bidenomics,” Bernstein is resorting to misrepresenting data and making false statements.
The nation has been phasing out conventional fuels and phasing in less reliable, less abundant renewable energy sources, resulting in higher prices, shortages, and a greater reliance on adversarial nations like Russia and China. The country’s trials should prove to be a vital lesson for those of us in the United States.
Understanding inflation, interest rates and recession risks requires going back earlier than the 2000s.
Here are three ways this cycle is different from the recent past.
World stocks and oil prices battled to pull out of a four-day slide on Thursday as deeply inverted bond yield curves and choppy currency markets underscored the simmering concerns among investors about economic stagnation next year.
From inflation to crime, they refuse to acknowledge the problems they helped create. Voters are noticing.
The average interest rate on the most popular U.S. home loan rose to its highest level since 2001 as tightening financial conditions weigh on the housing sector, data from the Mortgage Bankers Association (MBA) showed on Wednesday.
The White House offers Democrats nothing good to say on the big issues.
Barack Obama hadn’t endorsed the man who had served him faithfully for eight years. The money quote was cutting: “Don’t underestimate Joe’s ability to [expletive] things up.”
As MarketWatch marks its 25th anniversary this week, we are looking back at the 25 biggest market events and developments that we have covered. These MarketWatch Moments shaped our current capital markets and will continue to reverberate.
Researchers for the Federal Reserve Bank of Dallas published new findings that calculated “real wages” — the effective income of workers when adjusted for inflation.
“We find that a majority of employed workers’ real (inflation-adjusted) wages have failed to keep up with inflation in the past year,” the researchers said. “For these workers, the median decline in real wages is a little more than 8.5%.”
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