Farmland prices that had been enjoying a 28-year bull market finally turned down in 2014. Despite real estate, stocks, bonds and commodities crashes over the period, farmland had never had a down year since 1986. However, the Wall Street Journal has reported that farmland suffered a loss of 3 percent last year, “reflecting a cooling in the market driven by two years of bumper crops and sharply lower grain prices, according to Federal Reserve.”
by Chriss W. Street25 Feb 2015, 5:23 AM PST0
Hillary Clinton used a paid speaking engagement and subsequent question and answer session at a Silicon Valley conference for women Tuesday to begin testing out her policy positions prior to the expected launch of an official 2016 campaign for the White House.
by Dan Riehl24 Feb 2015, 9:19 PM PST0
In the five minutes it will take you to read this article, the national debt of the United States will increase by about $9.5 million. There are no easy answers to this monumental problem, but there are simple ones.
by Ken Ivory24 Feb 2015, 12:44 PM PST0
The California Energy Commission is honoring ex-Governor Schwarzenegger’s dream by spending another $20 million to build the supposedly non-polluting ‘hydrogen highway’ through most parts of the Golden State. A high school freshman math class could figure out that the reason
by Chriss W. Street24 Feb 2015, 4:00 AM PST0
President Obama pushed Congress to approve Trade Promotion Authority during his weekly address on Saturday. Transcript as Follows: “Hi, everybody. At a moment when our businesses are creating jobs at the fastest pace since the 1990s, we’ve still got to
by Ian Hanchett21 Feb 2015, 3:37 AM PST0
Apple Inc. on Friday leaked that the iconic smartphone maker is on a crash program to design an electric vehicle and is bidding big bucks to recruit Tesla employees. Court filings also disclose that electric-car battery maker A123 Systems is suing Apple for illegally poaching top engineers to build a large-scale battery division.
by Chriss W. Street19 Feb 2015, 12:06 PM PST0
Federal Reserve data published late on February 18 reveals China dumped about $75 billion in US bonds in the last six months of 2014. The action explains why interest rates on US Treasury bonds jumped by 23 percent since January, and economic indicators show the US economy growth is slowing and worldwide deflation is accelerating.
by Chriss W. Street19 Feb 2015, 10:59 AM PST0
Inflation has fallen to its lowest level in 25 years, the Bank of England announced this week. There is even the risk of ‘negative inflation’ in the months ahead. In today’s missive, we attempt to pull the wool back from
by Dominic Frisby19 Feb 2015, 7:26 AM PST0
For those who genuinely remember former President Ronald Reagan and his administration, supply-side economics was a lynchpin of his presidency, and high-profile supply-side economists like Larry Kudlow, Arthur Laffer, and Stephen Moore were considered key parts of his team.
by Dan Riehl18 Feb 2015, 9:10 PM PST0
A poll conducted by The New York Times, Stanford University, and Resources for the Future sheds more heat than light on the public’s attitudes towards climate change.
by H. Sterling Burnett17 Feb 2015, 2:01 PM PST0
Free trade is undermining American prosperity, and Congress should deny President Obama authority to negotiate new deals in Asia and with the European Union.
by Peter Morici17 Feb 2015, 7:24 AM PST0
Twenty-five years ago, America stood alone in the world with a dynamic, rapidly growing economy and unchallenged leadership. It was, quite obviously, the best country in which to be born and offered the brightest economic future. Today, children in 15 other nations have better future prospects.
by Mike Flynn17 Feb 2015, 5:20 AM PST0
Last week, Federal Communications Commission Chairman Tom Wheeler announced, via an op-ed in Wired, magazine, that the FCC would reclassify the American Internet infrastructure as a utility under Title II of the Telecommunications Act of 1934.
by Reed Galen15 Feb 2015, 6:25 AM PST0
(Reuters) Deflation is close – but don’t worry. That was the message from Bank of England governor Mark Carney, as he explained why UK inflation is at its lowest level in nearly 15 years. Follow Breitbart London on Twitter @BreitbartLondon
by Breitbart London13 Feb 2015, 7:21 AM PST0
America’s best-paid union members caused another four day shut-down of the 29 West Coast ports that move 43% of U.S. imports and exports. About 80% of heavy crane operators have been calling in sick in an apparent scheme to delay port activity until the union can force employers to pay double-time for work on the four union contract holidays for “Lincoln’s Birthday” and “President’s Day.”
by Chriss W. Street13 Feb 2015, 6:36 AM PST0
Tesla (NASDAQ:TSLA) stock price plunged by -7.4% in premarket trading on Thursday after the company announced that deliveries had fallen short, problems had affected production, and a strong dollar had hurt earnings. Those earnings turned out to be a real
by Chriss W. Street13 Feb 2015, 6:19 AM PST0
Shares of Viacom, the parent company of Comedy Central, slid 1.5% on Wednesday after The Daily Show host Jon Stewart announced he would leave the program later this year.
by Daniel Nussbaum12 Feb 2015, 6:23 PM PST0
Greece will soon default on its sovereign debt and mercifully loosen Germany’s grip on European economic policy.
by Peter Morici12 Feb 2015, 8:17 AM PST0
In last week’s missive we described the policy widely employed by governments of both left and right known as ‘kicking the can’. Today, as promised, with the European Central Bank having just announced €1.1 trillion of it, we consider one
by Dominic Frisby12 Feb 2015, 2:48 AM PST0
Diana Choyleva of Lombard Street Research, who produces an “unmassaged” calculation of China’s true economic growth, just reported that China’s fourth quarter GDP growth plummeted to 1.7 percent, versus the official 7.4 percent rate.
by Chriss W. Street11 Feb 2015, 7:21 PM PST0
According to a new Gallup survey, Connecticut dropped below every other state in the nation in job creation in 2014, with workers there reporting the worst climate for hiring.
by Dr. Susan Berry11 Feb 2015, 10:40 AM PST0
Netflix announced Monday that its service is now available in Cuba for those with an Internet connection and access to international payment methods. In a statement, Netflix CEO Reed Hastings said the company is “delighted” to bring its collection of
by Daniel Nussbaum10 Feb 2015, 12:31 PM PST0
Talk radio host and author of “The Liberty Amendments,” Mark Levin argued that President Obama was “re-distributing a shrinking pie” on Monday in response to the president urging higher capital gains taxes. “If you’re taxed on something again, do you
by Ian Hanchett9 Feb 2015, 10:51 PM PST0
Over the weekend, former U.S. Federal Reserve chairman Alan Greenspan predicted that Greece will end up leaving the eurozone and that the euro will not long survive its departure.
by John Hayward9 Feb 2015, 5:33 PM PST0
In a preview of an interview set to be published on Vox’s website in its entirety on Monday, President Barack Obama discussed so-called income inequality with Vox editor Ezra Klein. According to Obama, there is a need to invest in the
by Jeff Poor9 Feb 2015, 9:04 AM PST0
