Now that credit rating agency Standard & Poor’s has ended the suspense by announcing that it is cutting Puerto Rico’s $70 billion worth of general obligation bonds to junk status, questions about the island’s economic future abound.

The Seattle Seahawks trounced the Denver Broncos in pro football's ultimate game, but the National Football League extended its winning streak through Super Bowl XLVIII with an equally convincing array of tax breaks from the state of New Jersey, the Star-Ledger reported.

The IMF is grabbing for total control with its proposed unlimited bailouts, global wealth tax, and “macroprudential policies.”

The Congressional Budget Office left out two critical elements in its announcement that deficits now appear to be under control: birth rates and tipping points.

Is the “mother of all bubbles” about to implode? Many analysts have been predicting that China could have its “Lehman Brothers moment” today, on January 31, 2014.

An 11-year-old Illinois girl's cupcake business was shut down by the local health department for failure to get a permit and build a separate kitchen.

By edict the president is ordering Americans to buy government bonds in "starter" MyRA accounts.

Part of the progressive agenda is to create hate and envy. One component of that agenda is to attack the large differences between a corporation's chief executive officer's earnings and those of its average worker.

Despite the preoccupation — if not obsession — of intellectuals with equality, we are all very unequal in what we do well and what we do badly.

Argentinians are discovering once again that using massive debt obligations and inflation to increase the country's prosperity reflects fatal economic ignorance. 

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