Wynton Hall

Lower-income Americans feeling the squeeze from the 2% payroll tax hike, soaring gas prices, and a rickety employment outlook are tightening their financial belts in ways that have discount retailers worried. On Thursday, the National Retail Federation (NRF) released a

The federal government spends $822.90 more per person in inflation-adjusted dollars than it did in 2008. CNS News compiled Treasury and Census Bureau data and found that real federal spending per household also went up $2,437.36 from 2008 to 2012.

Today, Americans are spending $900 more annually on gas than they did in 2009.  On the first day of President Barack Obama’s first term, gas cost $1.84 a gallon. Today, a gallon of gas costs $3.74.

Obama Treasury Secretary nominee Jack Lew says he is not sure whether, as New York University Vice President of Operations, he approved a student-loan kickback scheme that made Citibank NYU’s primary private student loan lender before he left academia to

Minutes from the Federal Reserve’s end of January meeting reveal that Fed officials are split over how long to continue making $85 billion monthly bond purchases in an attempt to stimulate the U.S. economy. Some officials in the meeting warned the

The federal government says that with looming across-the-board budget cuts slated to hit next week, airline travelers should expect potential travel delays and cancelations.   Executive Vice President of the Airports Council International–North America Deborah McElroy says the challenge is

Sen. Charles Grassley (R-IA) says President Obama’s Treasury Secretary nominee Jack Lew has been less than forthcoming throughout his confirmation. “Mr. Lew has a lack of knowledge or a poor memory of some of the perks he received through his

President Barack Obama plans to nominate pro-hydraulic fracking Massacusetts Institute of Technology nuclear scientist Ernest Moniz as his next Secretary of Energy, a move that has sparked outrage among some environmentalists. “Appointing Mr. Moniz would be a nail in the

A secret bailout deal struck between the Federal Reserve Bank of New York and Bank of America may have let the big bank off the hook for billions of dollars in legal claims in exchange for a mere $43 million

The University of Wisconsin Duluth-Superior says it is not backing down from its involvement in a controversial diversity campaign featuring white models with “Society was set up for us” and “Is white skin really fair skin?” and other racially charged

Last month, Democratic California Gov. Jerry Brown proudly announced that the state’s coffers were flooded with a surprise $5 billion windfall–a revenue bump the Los Angeles Times called “historic.”   “Right now, in the next four years, we’re talking about

Since November, George Soros, 82, has reportedly bagged nearly $1 billion betting against the Japanese yen. From November to February, the yen lost 20% against the dollar. Soros Fund Management holds an estimated 10% Japanese shares.  Other large hedge funds

On Monday, Breitbart News editor-at-large Ben Shapiro reported on a Washington State bill that contained a little-noticed provision that would allow police to search a citizen’s home once a year if they owned particular guns.  The bill’s language read: “The

On Friday, financial research firm Lombard Street Research reported that “unemployment could rise above 8% and that profits will be squeezed.” Lombard Street says its bearish employment and growth projections are the result of a host of factors, including: the

During a Friday Google+ hangout session, President Barack Obama conceded that his policies to address climate change will raise energy costs, a fact that could prove uncomfortable for Democrats in areas reliant on fossil fuel power plants: I have to tell

Gas prices are rising like a rocket, climbing for 32 days straight to a national average of $3.73 a gallon. In Los Angeles, some drivers are paying as high as $5.19 a gallon. “I pay 75 bucks like three times

Canadian Financial Post editor Terence Corcoran recently suggested that President Barack Obama may be preparing a deal to approve the Keystone XL pipeline from Canada to the Gulf Coast in exchange for a carbon tax. “I see new taxes coming

In one of the fastest enforcement actions ever filed for suspicious trading, the U.S. Securities and Exchange Commission has frozen a Swiss trading account that turned a $90,000 options play into $1.7 million profit just before Heinz’s recent $23 billion

Rep. Charles Rangel (D-NY) wants to bring back the military draft and require women to register for the Selective Service. On Friday, Rangel reintroduced the so-called “draft bill,” known officially as “The National Universal Service Act” (H.R. 747), and “The

The New Jersey Transit Corporation spent over $14,000 to send four of its employees to the Super Bowl in New Orleans to scout out transportation and security in advance of next year’s big game at MetLife Stadium. Agency press person

An internal email from Walmart Vice President Jerry Murray said February “sales are a total disaster” and mark the worst sales start of any month in seven years. “In case you haven’t seen a sales report these days, February (month-to-date) sales

Federal law specifically states that any alien granted entry into the United States must be financially self-sufficient so as not to become a “public charge” dependent on welfare. But new data from the Department of Homeland Security (DHS) reveals that

Two members of the eight-person U.S. Commission on Civil Rights, the independent bipartisan agency tasked with “objective and comprehensive investigation, research, and analysis” of civil rights issues, have warned President Barack Obama that granting illegal immigrants effective amnesty would “harm lower-skilled