Senate Passes Tax Cut Bill On Party Line Vote

The Senate passed a tax cut bill last night, but it leaves a lot to be desired.

Trump Nominates Jerome Powell To Head Federal Reserve Board

President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.

Republicans To Introduce Tax Reform Package By The End Of September

Republicans will introduce a tax package by the end of the month, but whether they can actually pass anything is another question entirely.

GDP Growth Solid In Second Estimate, But Can It Be Sustained?

The new GDP growth estimate shows healthy economic growth in the second quarter, but it’s unclear if it can be sustained.

Restricting Immigration Does Not Lead To More Jobs For Americans

The fundamental premise at the heart of the immigration bill that President Trump backed earlier this month has no merit whatsoever.

Trump Endorses Plan To Cut Legal Immigration By Half

The President has endorsed a bill that would cut legal immigration in half.

Second Quarter Sees Modest Economic Growth In Initial Estimate

According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.

A Solid June Jobs Report Signals Bounce Back From Slump In May

The June Jobs Report was significantly better than what we saw in May but on the whole not different from what we’ve seen for the last three years or so.

Democrats Battling Over Party’s Future

After seven years that mostly consisted of losing elections, there’s a battle going on over which direction the party should head.

US Capitol Rotunda US Capitol Rotunda

Federal Reserve Raises Rates For Third Time Since December

For the third time since December,, the Federal Reserve has raised interest rates.

US Capitol Rotunda US Capitol Rotunda

Congress Facing Another Debt Ceiling Crisis

In addition to everything else on its plate, Congress will have to revisit raising the debt ceiling again sometime this summer.

US Capitol Rotunda US Capitol Rotunda

First Quarter Economic Growth Better Than Initially Forecast, But Further Slowing Is Forecast

Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.

Trump’s First Quarter GDP Numbers Aren’t Exactly Impressive

The first scorecard for President Trump’s first economic quarter in office isn’t exactly very good.

Trump Administration Introduces Tax Plan, But Comes Up Short On Details

The Trump Administration is out with a tax plan, but it’s seriously lacking in details.

Federal Judge Slaps Down Trump Executive Order On ‘Sanctuary Cities’

Another Federal Court has found another Trump Executive Order unconstitutional.

China Appears To Be Putting More Pressure On North Korea

Has China finally had enough of North Korea?

So Far, There’s No Sign Of A ‘Trump Bump’ In The Economy

So far, there’s no sign that Donald Trump is having much of an impact on the economy.

The Trump Administration and the G20

More stepping back from free trade and the established global economic order.

Federal Reserve Raises Interest Rates For Third Time In Fifteen Months

For only the third time since the Great Recession ended, the Federal Reserve Board has raised interest rates.

South Korean President Removed From Office After Impeachment

South Korea removes a corrupt leader by peaceful means.

February Jobs Report Is Good, But Hardly Great

The first Jobs Report for the first full month of the Trump Presidency is out, but it’s nothing to write home about.

Janet Yellin Hints At Another Rate Increase This Month

Federal Reserve Board Chair Janet Yellin hinted strongly today that we’re likely to see another interest rate increase this month.

Trump Supporters Starting To Lose Faith?

One month in, some Trump supporters are starting to wonder if he will actually deliver on what he promised.

Republican Budget Hawks Have A Donald Trump Problem

Budget hawks in the GOP face a showdown with Donald Trump’s spending ambitions this year that will likely decide whether we’ll ever get spending under control.

A Strong January Jobs Report, But Signs Of Possible Weakness Ahead

The first Jobs Report of 2017 saw healthy jobs growth in January, but there are signs we may be reaching a point where hiring could slow down.

December Jobs Report Reveals Tepid Jobs Growth

A tepid December jobs report tops off a tepid year.

Paul Ryan Breaks With Trump On International Trade Policies

In a break with President-Elect Trump, Speaker of the House Paul Ryan said Congress would block any effort to increase tariffs.

Today in Bad Ideas: a 5% Tariff

A trial balloon hopefully made of lead.

US Capitol Rotunda US Capitol Rotunda

Government Reports Strong Economic Growth In Third Quarter, But It’s Unlikely To Last

The economy grew strongly in the third quarter of the year, but it doesn’t seem likely to last.

As Expected, Federal Reserve Raises Interest Rates For Second Time In Ten Years

The Federal Reserve Board raised interest rates for only the second time in a decade, but it still seems like it’s chasing an inflation monster that doesn’t exist.

French Center-Right Party Picks Presidential Candidate

The players are almost completely set for France’s 2017 Presidential elections, and the choice seems likely to come down to center-right candidate Francois Fillon and Marine Le Pen, France’s Donald Trump.

Janet Reno, First Female Attorney General, Dies At 78

Janet Reno, who served as Attorney General for nearly all of the Bill Clinton Administration, has died at 78.

Anyone But Trump

Even if you’re not sure who you should vote for, it’s obvious who you shouldn’t vote for.

October Jobs Report Shows Resilient Jobs Growth

Another month of resilient, but not noteworthy, jobs growth.

Initial G.D.P. Reports Show Stronger Growth In The Summer

Initial reports for the third quarter show strong economic growth during the summer;

No, Immigrants Aren’t Taking Your Job

A new study debunks an old idea.

Federal Reserve Board Declines To Raise Interest Rates Again

An unsurprising decision from the Federal Reserve.

August Jobs Report Delivers Mediocre Numbers

A mostly mediocre jobs report for August.

Sluggish Economic Growth, The Federal Reserve, And The 2016 Election

Another sign of a weak economy as the Federal Reserve considers rate hikes and the Presidential campaign moves forward.

Good Bye Peak Oil Hypothesis

Remember Peak Oil? Whatever happened to that idea?

Janet Yellen Hints At Slow Economic Growth, But No Recession, Going Forward

The head of the Federal Reserve tells Congress that the economy is unlikely to enter recession this years, but isn’t exactly going to be booming either.

Federal Reserve Declines To Raise Rates Again

Once again, the Federal Reserve chooses to pass on the opportunity to raise interest rates.

An All-Around Bad Jobs Report For May

The May Jobs Report was bad all-around. The question is whether this will come to be seen as an anomaly or the beginning of a worrisome trend.

April Jobs Report Disappoints After Three Months Of Positive News

After starting off the year strong, the jobs market seems to have taken a rest in April.

Modestly Good News From The March Jobs Report

March’s Jobs Report was good, but could be better.

Solid Jobs Growth For February, But Shadows Remain Hovering Over The Economy

February’s Jobs Report was relatively positive, but there are still shadows hovering over the economy as we head further into the year.

Economic Growth In Final Quarter Of 2015 Pegged At Anemic 1.0%

Not exactly inspiring economic news from the Commerce Department.

United Kingdom Sets ‘Brexit’ Referendum Vote For June 23rd

Britons will go to the polls in June to decide the future of their country’s relationship with the rest of Europe.

After Two Solid Months, January Brings A Decidedly Mediocre Jobs Report

January’s Jobs Report was nothing to write home about.