Here’s How Biden’s Historic Ban On Russian Oil Will Hit The Economy

Topline President Joe Biden announced an historic U.S. ban on Russian oil imports on Tuesday as the latest round of sanctions against Russia for its invasion of Ukraine, but as energy prices continue ...

Black families are achieving upward mobility in high-opportunity areas

Families have long sought to move toward better neighborhoods and schools to put their kids on the pathway toward success. A study from the Census Bureau is providing fresh insight on where to look. I...

JPMorgan Now Expects Nine Straight Fed Rate Increases Until March 2023

Text size Wall Street banks are predicting more aggressive rate increases by the Federal Reserve. Stefani Reynolds/AFP/Getty Images Economists at JPMorgan Chase said the Federal Reserve would likely r...

The ITC Is Subsidizing Patent Trolls

Global network getty President Reagan presciently noted that the “government does not solve problems. It subsidizes them.” The implicit subsidization of patent trolls by the International Trade Commis...

The Jobs Report Reveals a Booming Labor Market. Here’s Where Interest Rates Are Headed.

Text size President Joe Biden speaking about the January jobs report. Saul Loeb/AFP/Getty Images Good news for Main Street, not so good news for Wall Street. Once again, a booming labor market is like...

Opinion: Biden borrows too much, while America’s economy hollows out

It’s easy to be distracted by Russia’s provocations in Ukraine and the Federal Reserve’s new war on inflation but as the economy recovers from the delta and omicron variants, difficult post-pandemic c...

Market Volatility Is Creating Opportunities for Stocks. What to Buy Now

The 2022 market was always going to be a tug of war between earnings and interest rates. Corporate profit growth fueled by the reopening has come up against contracting valuations and expectations of ...

Opinion: The party’s over: The Fed and Congress have pulled their support from workers and investors

Even as the government reports the fastest economic growth in nearly 40 years, the historic gains in income and wealth that inflated the economy in 2020 and 2021 are fading fast. The air is coming out...

GDP Surged But Americans Are Struggling With Inflation—Record 79% Say It Will Get Worse

Topline Despite solid economic growth, a record number of Americans predict higher inflation, according to a … [+] new Gallup poll. Joe Raedle/Getty Images Key Facts The U.S. economy grew 6.9% i...

Here’s What to Watch as the Fed Gets Set to Raise Rates and Shrink Balance Sheet

Anxiety is high as the Federal Reserve wraps its first meeting of the year. Will the central bank abruptly end its emergency bond-buying program ahead of schedule? Are more rate increases in store, an...

Do Good By Investing Well In 2022

NEW YORK, NY – DECEMBER 20: A view of the 2022 New Year’s Eve Numeral upon arrival in the Times … [+] Square (Photo by Tayfun Coskun/Anadolu Agency via Getty Images) Anadolu Agency v...