According to Princeton University economics professor Alan S. Blinder, writing in the Wall Street Journal, Kamala Harris is entirely correct in her intention Read More.
FAIRtax supporters are not only interested in the economic growth that will come from the FAIRtax but, perhaps more importantly, they really like the increase in personal freedom that eliminating the income tax and the IRS brings. Read More.
The main argument in favor of foreign aid is that rich countries can and should help poor countries become more prosperous. And plenty of politicians are Read More.
Jamie Grill-Goodman, writing in “Commerce,” the publication of the Commerce and Industry Association of New Jersey, noted that New Jersey has dropped six spots in CNBC’s America’s Top States for Business in 2024. Read More.
Mortgage rates showed little movement this week with 15-year mortgages ticking up, but the average 30-year fixed-rate mortgage inched down to the lowest level since 2022. Read More.
Lowering rates is a tool to rescue the government. If you make it easy for governments to borrow, they will gladly do it and continue printing currency. Read More.
With the Federal Reserve at last reversing course and lowering short-term interest rates by 50bps this week, we can officially say that a chapter of US economic history has ended. Read More.
While one rate cut is a good start, consumers won't feel much of a difference on their credit card debt unless there are additional rate cuts. Read More.
The Federal Reserve announced the first interest rate cut in four years at its September policy meeting amid progress in slowing down the pace of inflation toward its 2% goal. Read More.
A study issued by the Institute on Taxation and Economic Policy looked at the federal, state and local taxes paid by undocumented immigrants: Read More.
Mortgage rates fell this week to their lowest level since February 2023, but not far enough to spur on the housing market amid high home prices and still-elevated rates. Read More.