economics


Fed Chair Tight-Lipped On Foreign Nations' Evacuation Of Gold From U.S.

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"What does the Federal Reserve know about international gold flows that it doesn't want the American people to know?"


Teamsters, Anheuser-Busch Reach New 5-Year Contract

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The contract agreement reached this week calls for wage increases of $8 an hour over the five years of the deal. A $4-per-hour raise kicks in immediately...


Wendy's Walks Back 'Surge Pricing' Report After CEO Comments

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"Wendy’s will not implement surge pricing, which is the practice of raising prices when demand is highest..."


Ten Serious & Recurring Economic Fallacies That Our Leaders Cannot (Or Will Not) Stop Projecting

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... the tradition of law, respect for private property, profit, and contractual freedom - and not the fallacious ideas, corrupt institutions, and bad policies named below - form the core of American prosperity.


The Fastest And Slowest Selling Housing Markets In 2024

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...none of the 10 fastest-selling metros before COVID made it to the best-selling list today...


Polish Truckers To Rejoin Farmers In Border Crossing Blockades

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Polish farmers protesting against EU climate policies and imports of Ukrainian agricultural produce are being joined by Polish truck drivers protesting about unfair competition from Ukrainian trucking companies


Threat Of Strike Looms Large Over East, Gulf Coast Ports

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There’s an increasing abundance of skittishness surrounding the future of East and Gulf Coast ports...


The Only Rx For Drug Shortages Is Competition

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"The price pressure on manufacturers is tremendous..."


70% Of The CPI Is Sticky, Including Rent, Insurance, Food Away From Home

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Some prices change frequently, notably gasoline. Most of the CPI changes infrequently. This post takes a look at the Atlanta Fed Sticky price project.


Milei Secures Argentina's First Budget Surplus Since 2012 After Only One Month In Office

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Pro-establishment critics have asserted for months that Milei would "destroy" Argentina's financial framework...


These Are The Brands That Dominate The Bottled Water Business

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A joint investigation in France has revealed the widespread use of prohibited bottled water purification techniques by several major brands...


A Stunning 10 Million Illegals Have Entered The US Under Biden; Tucker Warns They Are "Destroying" The Country

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"This unprecedented surge in illegal immigration isn't an accident. It is the result of deliberate policy choices by the Biden administration,"


US Leading Indicators Disappoint, Equal Longest Losing Streak Since 'Lehman'

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...down 22 straight months...


Walmart Hits Record High After Earnings Beat, Despite Soft Guidance, Warning About "Choiceful" Consumers Spending Less

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they are being choiceful" as consumers continue to spend less per trip but have been shopping frequently,


Air Canada Says Freight Demand Beginning To Improve

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Air Canada expects the slow recovery in cargo volume that began in the fourth quarter to quicken in 2024, aided by the addition of two more freighter aircraft, but doesn’t anticipate gains in pricing power.


Tucker Carlson Goes Shopping: Russian Economy Well Intact Despite Sanctions

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Cancelling an entire country is not as easy as some might think...


With Charge Offs Soaring, Capital One To Buy Discover, Creating Credit Card Giant

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Two of the largest - and ugliest - US credit card companies are to combine into one even larger - and uglier - company.


Goldman Is Stumped By the Plunge In Retail Sales: Here's What Happened

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If only they had read our preview...


Yen's Big Sway On Japanese Shares Fades To A Myth

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The conventional wisdom in the Japanese market that a cheaper yen benefits exporters and boosts share prices has been turned on its head. In reality, the yen’s exchange rate is having less and less of a bearing on Japanese stocks.


ZeroHedge 'Dollar' Debate Recap: BRICs Bust, CBDCs Crushed, & No "Non-Painful Way" Out Of This

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“If you look at the trade map of all these BRICS countries - no matter how large you draw that map out - it does not work as a bloc.”