The cost of living in the U.S. is rising at its fastest rate in 10 years, according to new data from the Labor Department.
The US' spending problem is starting to become a major issue.
In the wake of the U.S. doubling tariffs on Turkish steel and aluminum on Friday which sent the Turkish lira and capital markets into free fall, Erdogan wrote a Friday New York Times op-ed cataloging his grievances and threatening to walk away from t
[Foreword to Mark Thornton's new book (Auburn, AL: Mises Institute, 2018).] In the wake of the financial crisis of 2008, the economics profession suffered a blow to what reputation it had. But unlike most of his colleagues, Mark Thornton was vi
Here's an array of interesting Tweets I compiled this weekend
America's long-term "balance sheet numbers" just continue to get progressively worse. Unfortunately, since the stock market has been soaring and the GDP numbers look okay, most Americans assume that the U.S. economy is doing just fine. But
Wages are not keeping up with consumer price inflation. The average worker is worse off than a year ago.
Prices started dropping yesterday after the U.S. Securities and Exchange Commission (SEC) extended the Cboe exchange-traded fund decision. Immediately after the announcement, bitcoin core (BTC) values shaved off $400 in an hour and the currency has l
In the interview, the Wall Street bull referred to the current indicators of Fundstrat's recently launched Bitcoin Misery Index (BMI), which aims to inform investors of how "miserable" holders of the currency are based on its price and volatili
According to the study, a three-decade shift of financial risk from government and employers to individuals is at fault, as aging Americans are dealing with longer waits for full Social Security benefits, 401(k) plans replacing employer-provided pens
Money manager Rob Arnott and finance professor Lisa Meulbroek have run the numbers on underfunded pension plans and come up with an interesting – and highly concerning – new angle: That they impose a "stealth mortgage" on homeowners. Here's
The stability of America's status quo is illusory.
Peter Schiff is an economist who served as an advisor to Ron Paul in 2008 and even made a run for Senate on his own at one point.
In a normal business cycle, the economy expands for a while and businesses hire lots of new people at somewhat higher wages, generating enough tax revenue to shrink the government's budget deficit – and in rare cases produce a surplus. So, for a
In 2015, at the peak of the commodity-crush induced wave of energy defaults, a high-yield bond fund at Third Avenue in froze withdrawals to avoid having to divest holdings at fire-sale prices. That set off a chain of events that rattled credit market
If the U.S. economy is really doing so well, then why is homelessness rising so rapidly?