The cost of a college education has been climbing three times faster than the rate of inflation and the amount of student loan debt in the U.S. is rising as well, now at $1.5 trillion. Becoming of age and becoming of age to continue one’s studies happens around the same time, where newly minted adults […]
As more and more shots get fired in the trade war between the U.S. and China, many are now wondering just how bad this might become if things just keep getting worse. The stakes just keep getting bigger and bigger in the trade war between the United States and China. The goal presumably is to […]
Donald Trump was already in a class by himself among U.S. Presidents in the category of being bombastic, but his now ordering U.S. companies to pull out of China sets a new standard. Friday was supposed to be all about hearing Fed Chairman Jerome Powell speak about the economy during the central bank’s annual retreat. […]
Private equity firms are called raiders by some of people, and when you put raider together with Wall Street, and you hate both, this can produce a lot of fire and brimstone. It is no secret that Democratic presidential candidate Sen. Elizabeth Warren is no fan of Wall Street. This is not a view that […]
Retailers rely significantly on private brands. A tiny bit of Amazon’s business is from this, but not everyone thinks that we are entitled to benefit from the value this offers. Some Democrats just don’t like big companies it seems, especially ones that make their money from the internet. This is especially true for those who […]
While Trump’s threat of getting rid of rebates that drug companies pay third party agents has many breathing a sigh of relief, this battle against drug prices may be far from over. As a general rule anyway, kickbacks aren’t permitted, although for some reason the pharmaceutical industry often doesn’t follow general rules. The prescription drug […]
U.S. President Donald Trump has a reputation as a tough negotiator, and his latest move to raise the ante on tariffs with China makes that abundantly clear. As the talks between the U.S. and China to end the current trade war that the countries are involved in have progressed, President Trump had shown uncharacteristic patience, […]
The Consumer Financial Protection Bureau was put in place in 2008 in the aftermath of the mortgage crisis. New director Kathy Kraninger is focused more on education than enforcement. The financial crisis of 2007 exposed many cracks in the system, and once we started to right the ship a little, the Obama administration created a […]
The European Union has enough to worry about these days, with the economy and the Brexit escapade. They now have to deal with a very real threat of $11 billion in tariffs. The United States and the European Union have been battling over the fairness of European subsidies to leading aircraft maker Airbus for 14 […]
A third of Americans of working age are not actively seeking employment, and it may seem that if we increase participation, we will grow the economy. It’s not that simple though. The participation rate in the workforce is one of the metrics that is looked at when we comb through the results of nonfarm payroll […]