Economy

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Under Obama’s new tax plan, everyone pays more

By Kent Covington
Posted

Economy | In tonight’s State of the Union Address, President Barack Obama is expected to call for tax increases to pay for benefits for the poor and middle class, as…

Dollars and Sense: Earnings season, oil, and a Swiss surprise

By Warren Cole Smith
Posted

Money | Earnings season underway. A week ago, Alcoa’s report kicked off the quarterly earnings season, and while it was good, the news has been mostly downhill…

Dollars and Sense: Markets erupt over energy, earnings, and Europe

By Warren Cole Smith
Posted

Money | Volatility continues. Last week was wild on Wall Street, though the volatility was not completely unexpected. In the first three days of the year, beginning…

Dollars and Sense: Will the markets have a happy new year?

By Warren Cole Smith
Posted

Money | Year-end numbers. The markets sank a bit on the last days of 2014 as portfolio managers did a bit of selling as window dressing, locking in gains for the…

Thomas Sowell on the root causes of income inequality

By Jim Henry
Posted

Poverty | Thomas Sowell is a preeminent economist, a senior fellow at the Hoover Institution, and author of the best-selling Basic Economics: A Common Sense Guide to the

It takes a lot of families

It takes a lot of families

By Janie B. Cheaney
Posted

Business | When candidate Barack Obama was running for president in 2008, he took some flak for telling “Joe the Plumber” that his goal for the economy was to spread…

Dollars and Sense: Christmas isn’t over on Wall Street

By Warren Cole Smith
Posted

Money | Christmas rally continues. Santa Claus was good to the markets this year. Friday was the seventh straight day of gains for the Dow, which closed above 18,000…

Dollars and Sense: Here comes the Santa Claus rally

By Warren Cole Smith
Posted

Money | Remarkable markets. Last week was a remarkable week on Wall Street. To see just how remarkable, let’s go back a couple of weeks to Dec. 5, when the Dow set…

Gov. Mike Pence: National government is not the nation

By Cal Thomas
Posted

Campaign 2016 | INDIANAPOLIS—If success at the state level were enough to recommend someone for president of the United States, Gov. Mike Pence of Indiana would be among…

Dollars and Sense: Oil prices are playing havoc with the markets

By Warren Cole Smith
Posted

Money | Stock market volatility. Volatility was back last week, and a lot of the news seemed to revolve around oil prices. We saw a couple of days last week with…

Dollars and Sense: Gas prices and Santa bring holiday cheer to Wall Street

By Warren Cole Smith
Posted

Money | Santa Claus rally? December is historically a good month for the stock market. During the past 50 years, the Dow has climbed in December an average of 1.6…

Chicago approves $13 minimum wage

By Daniel James Devine
Posted

Jobs | Ordinance adopted Tuesday makes city the latest to order businesses to pay far more than the federal wage limit

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