The State of Our Economy: What It Needs vs. What Washington Is Willing to Do

For those who closely follow financial markets, the first two weeks of 2016 have been the most fun since the financial crisis triggered by the collapse of the housing bubble. The market has lost more than 10 percent of its value since its late December peak, destroying more than $2 trillion of stock wealth. Markets […]

Hours before debate, Sanders shares details of health-care plan that would raise income taxes

Democratic presidential hopeful Bernie Sanders would raise income taxes across the board — and by substantially more on high earners — to pay for an ambitious single-payer health-care plan, under details released Sunday night. The senator from Vermont said the $1.38-trillion-a-year plan, which was outlined before a Democratic debate here, would ultimately save most families […]

The Chart That Explains Everything

Why is the economy barely growing after seven years of zero rates and easy money? Why are wages and incomes sagging when stock and bond prices have gone through the roof? Why are stocks experiencing such extreme volatility when the Fed increased rates by a mere quarter of a percent? It’s the policy, stupid. And […]