Saudi Arabia's unexpected announcement of a cut in its oil prices to its customers is likely to set off an international oil price war.
Harry C. Veryser is an unusual individual. A businessman who owned an auto supply company for many years, he also spent many years teaching economics at the college level.
Another ruling rocks the pension plan industry's world: Pension plans must be treated in bankruptcy like any other common creditor.
During the past six weeks U.S. combat jets have bombed and eliminated 41 Humvees originally given to the Iraqi military, but afterwards captured by ISIS forces.
Elizabeth Warren (D-Mass.), on the Senate Banking Committee, wants to hold hearings on Goldman Sachs, a banking firm that specializes in investments, securities, and other financial services, because of accusations of fired bank examiner Carmen Segarra with the New York Federal Reserve, the entity that is supposed to provide oversight for Goldman Sachs.
By ignoring basic investment rules, public pension managers have virtually guaranteed that these pension plans will not keep their promises.
Here’s a thought most of us don’t want to entertain: Could you or I, or a close family member or neighbor, be thrown into jail, publicly branded a criminal, and fined thousands, or even millions of dollars for allegedly violating an obscure federal regulation we didn’t even know about?
It would be ironic if a Democrat governor takes over in Kansas just as the Republican incumbent's tax cuts took hold.
On September 17, 2014, the House of Representatives voted 333 to 92 in favor a measure calling for an audit of the Federal Reserve. Introduced by Representative Paul Broun (R-Ga.), H.R. 24 won the support of 227 Republicans and 106 Democrats — which is well beyond the two-thirds needed for passage.
The Competitive Enterprise Institute’s annual “Ten Thousand Commandments” report sheds much-needed light on the size and scope of federal regulations.