Total Federal spending for fiscal 2023 stands at over $6 trillion with a projected deficit of $2 trillion by the nonpartisan Committee for a Responsible Federal Budget (CRFB). This marks a reversal ...

Jim Grant, founder and editor of Grant’s Interest Rate Observer, made a bold declaration in an interview with the Fox Business Network just ahead of Tuesday’s November U.S. consumer price index report ...

A dollar a day was the typical wage when the railroads were being built. Today the minimum wage is $58 per day with discussions to raise it to $120. According Milton Friedman, this is the result, not ...

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Changes in global supply chains, demographic shifts, and fractured trade relationships may make inflation in the future more volatile, and force the Federal Reserve and other central banks to respond ...

Just weeks after the Biden administration declared victory over inflation, prices are rising again. January’s inflation rate was much higher than anticipated, while the Bureau of Labor Statistics ...

The state agency that manages the Alaska Permanent Fund is again warning that it’s running low on spendable money. At a meeting in Anchorage on Monday, the managers called on the Legislature to amend ...

The Alaska Permanent Fund isn’t running out of money, but it may be running out of money that can be spent. After years of earning less than it needed to beat inflation and the demands of the state ...

Jim Grant, a Fed watcher who called the 2007 housing bubble, is taking a long-view on inflation. In an interview with the Fox Business Network, Grant described inflation as "permanent in that you ...