EconomyNews
A Chicago restaurant abruptly closed this week, with ownership blaming the “rapidly changing labor market” and a 27 percent increase in base minimum wage costs… Read More
EconomyNews
Following legislation in New York and California raising their statewide minimum wages to $15 an hour, a new study has found that such statewide mandates… Read More
EconomyCommentary
Today is the 20th anniversary of welfare reform. Two decades ago, President Bill Clinton signed the Personal Responsibility and Work Opportunity Reconciliation Act, known as… Read More
EconomyCommentary
Lobbyists generally have a bad reputation, but all they really do is advocate for their client’s best interest. Those particular interests may not be best… Read More
EconomyCommentary
The federal government forces certain fruit and vegetable (and nut) growers to limit the sale of their goods. Just ask tart cherry growers. In July,… Read More
EconomyCommentary
International trade figures heavily in the presidential race. Presidential candidate Donald Trump said, “Hillary Clinton unleashed a trade war against the American worker when she… Read More
EconomyCommentary
In the first six months of 2016, foreign central banks sold a net $192 billion of U.S. Treasury bills, notes, and bonds. This is more… Read More
EconomyCommentary
President Barack Obama isn’t afraid to enact his agenda over the will of Congress. At this late stage in his presidency, he’s still overreaching his… Read More
EconomyNews
In President Barack Obama’s final year in office, the administration’s annual draft report to Congress on new federal regulations is later than usual and on… Read More
EconomyNews
With the District of Columbia’s new $15 an hour minimum wage law slated to go into effect over the next four years, many local businesses… Read More
EconomyCommentary
Want to work in a field that has more than quadrupled in size since 1960? Consider being a regulator for the federal government. Even during… Read More
EconomyCommentary
Five named storms have already formed in 2016, with Hurricane Earl making landfall last Thursday in Belize. Massive thunderstorms caused extensive damage and death tolls… Read More
EconomyCommentary
In 2010, the Michigan economy was on the rocks—715,000 people were out of work, and the Great Lakes State’s gross domestic product had contracted by… Read More
EconomyNews
Proving that green politics don’t strictly slant red or blue, House Agriculture Chairman Mike Conaway spent two days touring the district of his Democrat counterpart,… Read More
EconomyCommentary
With all the talk going on about the merits of free trade and the U.S.’s free trade agreements, it might be helpful to look at… Read More
EconomyCommentary
Americans seem inordinately concerned with where their cars, clothing, and food are produced. Approximately eight out of 10 consumers say they would purchase an American-made… Read More
EconomyCommentary
Criminal investigations into the Environmental Protection Agency’s disastrous handling of its Gold King Mine spill are under way. This is a laudable step toward accountability… Read More
EconomyAnalysis
The Bureau of Labor Statistics’ July jobs report contained little bad news. The bureau found that employers created a net 255,000 new jobs since June…. Read More
EconomyCommentary
It’s a nuisance when an ATM charges you money to take money out. Imagine having to pay 31 cents for every dollar you withdraw. That’s how… Read More
EconomyCommentary
Countries around the world have made maintaining low corporate tax rates, as well as reducing rates, a priority in recent years. Meanwhile, the United States… Read More
EconomyCommentary
Transparency in pay is a rallying point of “fair pay” advocates. Why then would a recent law passed in Massachusetts prohibit questions about pay? Ironically,… Read More
EconomyNews
For aspiring hair braiders in more than half of the United States, obtaining the license needed to work this job can take as few as… Read More
EconomyCommentary
Ronald Reagan was an advocate of free trade throughout his presidency. But just like today, many Americans in the 1980s opposed free trade and pushed… Read More
EconomyCommentary
In an update to its Information Technology Agreement, the World Trade Organization began the process of eliminating tariffs on hundreds of technology products, resulting in… Read More
EconomyCommentary
Americans are being fed a false narrative. As the story goes, in 1999, Congress repealed the 1933 Glass-Steagall Act. The financial sector was free from… Read More
EconomyNews
Top officials at the Government National Mortgage Association spent $3.9 million on a public relations campaign designed to create positive images for themselves, including a… Read More
EconomyNews
Sen. Elizabeth Warren, D-Mass., insists that “competition is dying” in the tech industry because of giant corporations like Google, Amazon, and Apple. But to entrepreneur… Read More
EconomyCommentary
Mamaw encouraged me to get a job—she told me that it would be good for me and that I needed to learn the value of… Read More
EconomyCommentary
The Consumer Financial Protection Bureau is inching closer to eliminating private payday lending with restrictive new rules and, some advocates hope, paving the way for… Read More
EconomyNews
With nearly one in three American workers needing to acquire an occupational license in order to work, two Republican senators are stepping in with an… Read More
