New Jersey Hits Uber With $650 Million Tax Bill; Stock Slides
Legislation could require Uber to pay drivers minimum wages, overtime
Economy
Fidelity Warns Boomer Generation to Stop Buying Stocks
Older clients not prepared for next market plunge
4 Reasons Why Socialism Is Becoming More Popular
Americans’ — and especially young Americans’ — ignorance of history is well-documented and profound
Locke vs. Cohen vs. Rothbard on Homesteading
Artificial limits are unnecessary when practical realities have so often intervened to limit property ownership by any one person
For Millions Of Americans In The Middle Of The Country, It Feels Like An Economic Depression Right Now
All over the nation, we are watching a tragedy play out in slow motion.
America’s Richest 1% Now Own As Much Wealth As The Middle And Lower Classes Combined
The top 10 percent of families as a group directly owned over 93% of all stock and mutual fund ownership.
The Feds Spend More on National-Debt Interest Than You Think
As the government continues to pile up trillion dollar deficits, when interest rates return to a historical norm, interest payments on the national debt may exceed payments to Social Security recipients
The Fight Against “Home Sharing” Drives up the Price of Short-Term Housing
Municipal regulations (zoning, heritage designations, etc.) prevent the market from constructing enough housing to meet the demands of consumers
Critics Skeptical of China’s Promise to Make its Markets More Accessible
Xi promises to lower tariffs
Currency Debasement and Social Collapse
The Roman Empire crumbled to dust because it lacked the spirit of liberalism and free enterprise
‘Walk of Shame’: Banks Beg The Fed For Money & May All Fall in Domino Effect
Turmoil in repo markets has banks scrambling.
Restaurant Industry Saddled With Debt, Faces Reckoning
Major franchises dealing with more pressure than ever
More Bad Economic Numbers Put A Huge Dent In The Case Of The Economic Optimists
For a long time, people have been trying to tell me that the U.S. economy is headed for a new golden era.
Fed Chair Powell Doesn’t Want to Admit Economy Needs QE – Peter Schiff
Says Fed basically admitted inflation going to go a whole lot higher
Toronto Drops Rent Control — So Builders Build More Housing
Builders have proposed approximately 44,000 new rental units
Toronto Drops Rent Control — So Builders Build More Housing
Builders have proposed approximately 44,000 new rental units
Fed “Derelict” in its Duties, But Not For Reason Trump Claims
Artificially low interest rates set to disrupt civilization
California Has the Nation’s Worst Poverty Rate, New Census Data Shows
The high cost of living in California to blame, fueled by government regulations and taxes on the middle class
Peter Schiff Warns of Coming Higher Consumer Prices Amid Weakening Dollar
Says trade deficits became so big people stopped worrying about them
Expert Warns: America’s Fiscal Condition Circling Drain as Federal Deficit Surges
Federal Budget Deficit Biggest in Seven Years
Massive Corporate Debt Bubble Spells Trouble for Many Companies
Companies that gorged on cheap credit in danger
Government Spending Money, Running Up Debt at Unfathomable Rate
Dems have never cared about spending, Republicans swear tax cuts will fix debt
Cryptos Crater as Zuckerberg Defends Libra to Congress
CEO warns China will surpass US in innovation if Facebook isn’t allowed rollout its digital currency
Calif. Governor Asks AG to Investigate High Gas Prices, But Not ‘Mystery Surcharge’
Some parts of state experiencing $6 dollar gas
Why the Pursuit of Profit Makes Us All Better Off
Some commentators regard profit as a reward for risk taking
Half the world’s banks are too weak to survive downturn
Banks are not as well-prepared for a downturn as they were when the global financial crisis erupted in 2007
National Debt Climbs Over $800 Billion in Just Two Months
Experts agree government’s fiscal course not sustainable
Fed Policies Steal From Wage-Earners, Savers
When Federal Reserve comes to the “rescue,” you’re being robbed
Double-Cross: China Buying Boatloads Of Soybeans From Brazil After US Trade Talks
‘I’ve not had any inquiries at all for US (shipments),’ says one US soybean exporter.
China’s Top Trade Negotiator Sides With Trump: We ‘Have Made Substantial Progress’ In Trade Deal
‘Stopping the escalation of the trade war benefits China, the U.S., and the whole world,’ he says.
Economy Cracking: Retail Sales Tank
Manufacturing slowdown starting to bleed into consumer side of economy
69 Percent Of U.S. Households “Are Preparing For A Possible Recession”
The warning signs are all around us.
Drop in Credit Card Debt Rocks Wall Street Pundits
Americans still owe over $1.7 trillion in credit card debt
Foreigners Hold Almost 40% of US Debt
Establishment arguments for debt fall apart in today’s climate