Billionaire financier George Soros is warning of an impending financial markets crisis as investors around the world were roiled by turmoil in China trade for the second time this week. Speaking an economic forum in Sri Lanka’s capital Colombo, he…
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Feds Raise Interest Rates in First of Many Expected Increases
The Federal Reserve is raising interest rates from record lows set at the depths of the 2008 financial crisis, a shift that heralds modestly higher rates on some loans. The Fed coupled its first rate hike in nine years with…
Read MoreChinese Yuan Joins Dollar As a Global Reserve Currency
After months of speculation, the Chinese yuan is now officially part of the International Monetary Fund’s benchmark currency basket, elevating it to reserve currency status. Chinese monetary policy has focused on gaining entry into this elite club for the last…
Read MoreLeft Wing Rag Slams State’s Fast Growing Economy
The federal tax system is, on the whole, progressive. Higher-income households pay a higher share of their income in taxes. But some states have done all they can to reverse that. According to a study by economists at the Federal…
Read MoreNot Feeling the Recovery?
Everyone has seen the pictures of the unemployed waiting in soup lines during the Great Depression. When you try to tell a propaganda believing, willfully ignorant, mainstream media watching, math challenged consumer we are in the midst of a Greater…
Read MoreRecord Levels of Unemployment Foreshadow Difficult Economic Times
A record 94,031,000 Americans were not in the American labor force last month — 261,000 more than July — and the labor force participation rate stayed stuck at 62.6 percent, a 38-year low, for a third straight month in August,…
Read MoreIs The Booming Economy In Nashville Near An End?
How long can Nashville’s growth boom continue? As The Tennessean’s growth and development reporter, that’s a question I often get asked. Though I lack a crystal ball that can predict the end of the boom with pinpoint accuracy, there are certain…
Read MoreApple Woes Could Cause Market Collapse
Crumbles by commodities and the Colossus of Cupertino have been getting much of the blame for the stock market slumping in seven of the past 10 sessions. “If AAPL doesn’t find its footing soon, it may risk a deeper drop,”…
Read MoreThe Costs of the Global Warming Fraud
Since I’m not a person who follows the climate-change debate or climate science in detail, I don’t get involved in discussions over temperature readings or climate trends. On the other hand, I find it’s a very bad idea to leave…
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