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Economics

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Obama: TPP ‘The Best Possible Deal For American Workers’

President Obama promoted the Trans-Pacific Partnership (TPP) as “the best possible deal for American workers” during Saturday’s Weekly Address. Transcript as Follows: “Hi, everybody.  This week, after five years of effort with eleven other nations, we reached agreement on a

nobel prize for economics

Nobel Prize For Economics Still Contentious After 75 Winners

For economists, who often disagree with one another and get their forecasts wrong, the idea of a Nobel Prize for economics remains controversial after 75 years. This year’s winner of the “Prize in Economic Sciences in Memory of Alfred Nobel”

Bill Gross of PIMCO (Jim Young / Reuters)

Bill Gross Sues PIMCO for $200 Million

Former PIMCO boss Bill Gross has just filed a lawsuit against PIMCO seeking $200 million and claiming to be a victim–despite the company receiving a “Wells Notice” warning that the Securities and Exchange Commission (SEC) is investigating potential criminal violations in investment performance reporting during Gross’s tenure.

British musicians Miss Dynamite (5th L) and Charlie Simpson (6th L) join unemployed young people as they stand in line outside a job centre in central London during a photocall for the Battlefront Campaign, raising awareness of the large number of young people who are currently unemployed in the UK on October 10, 2011.

New UK Minimum Wage Weighing On Hiring

LONDON (Reuters) – Concerns among British employers about a new, higher UK minimum wage are contributing to a sharp slowdown in hiring via recruitment firms, according to a survey published on Thursday. The number of people hired last month for

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Buchanan: GOP Would ‘Forfeit’ Industrial States with TPP Passage

Tuesday on NewsMaxTV’s “Newsmax Prime,” conservative commentator Pat Buchanan warned politicians in the Republican Party that if they were to allow the passage of the Trans-Pacific Partnership trade agreement to pass. Buchanan explained to hosts J.D. Hayworth and Miranda Khan that it would cost

Sage Grouse

Five Victories for Responsible Land Use

Washington’s overreach has been rolled back by courts and commissioners. In little more than 30 days, there have been five distinct cases that you may have missed—each a victory for responsible land use.

Saudi Arabia

Saudi Arabia Cash Reserves in Free-Fall

Saudi Arabian cash reserves are in free-fall due to China’s economic crash driving oil prices down to an average of $45 a barrel and the Kingdom becoming the world’s third largest military spender.

New Study Names San Francisco As Most Expensive To Buy A Home

Blacks Left out of Liberal San Francisco’s Prosperity

San Francisco is enjoying the benefits of a new tech boom, but black residents are left behind–or leaving.
That’s the story told by new data on incomes, which show that white, Asian and Latino residents saw increases in 2014, but blacks saw their incomes fall by nearly 5 percent,

Buchanan103

Buchanan: Trump Tax Plan ‘Supply-Side Economics on Amphetamines’

On this weekend’s broadcast of “The McLaughlin Group,” conservative commentator Pat Buchanan offered his thoughts on Republican presidential front-runner Donald Trump’s recently unveiled tax plan. Buchanan’s fellow panelists Tom Rogan and Eleanor Clift were very skeptical of Trump’s proposal. Buchanan