There is not much, if any, convincing empirical evidence that supports the claim that reducing buybacks would spur more capital expenditure or wage increases.
New bipartisan legislation in Congress seeks to fight the CFPB by providing a legal framework for a student-debt alternative.
Inflation expectations are on the rise, which might make the Fed’s job of lowering inflation a lot more difficult.
Perhaps what we’re now witnessing is the end of a period of relative macroeconomic stability that began in the 1990s.
Bad inflation forecasts are what got us here.
Thirty years after the fall of the USSR, the same old bad ideas are gaining new traction.
The White House’s tariff hike on Canadian softwood lumber will almost surely exacerbate inflation at the worst possible time.