News & Events

Too Much Washington Is What Ails U.S. Manufacturing
pm EDT Popular on the left is this trope that Washington’s unwavering commitment to free markets is responsible for the demise of America’s once mighty manufacturing sector. A mutation of that...

Dow Hits 40,000: On The Road To 1,00,000?
pm EDT In a stunning display of resilience, the Dow Jones Industrial Average recently surpassed the 40,000 milestone, a feat that seemed improbable just two years ago when the Federal Reserve began...

The Dow Jones hits 40,000 for the first time. What to know about this major milestone
The Dow Jones Industrial Average surpassed 40,000 points on Thursday for the first time ever, signaling a strong endorsement of the health of the U.S. economy. The trigger that drove the market to a...

If My Bank Fails, What Happens to My Money?
...out money -- a cycle that eventually dooms the institution. However, the FDIC pointed out that the bank also failed “to mitigate interest rate risk.” When the Federal Reserve started hiking rates...

Dow crosses 40,000 for the first time
New York CNN  —  The Dow broke past the 40,000 threshold Thursday morning for the first time ever, fueled by an encouraging inflation report. The blue-chip index briefly hit 40,000.54 before...

Watch for These Signs of Recession As the Fed Keeps Rates Elevated
A couple of weeks ago, the Fed did as was expected and kept the...

As bad as you may think the economy is now, it’s nowhere near the 1970s
...many Americans have delayed indefinitely with record-high home prices and painfully high mortgage rates. “So no, it’s not the 1970s, but it’s understandable why people are still upset.”

Japan’s economy contracts in first quarter
Tokyo Reuters  —  Japan’s economy contracted in the first quarter, squeezed by weaker consumption and external demand and throwing a fresh challenge to policymakers as the central bank looks to...