Florida Senator Marco Rubio (R-FL) made the case that his background made him well-suited to take on Democratic frontrunner Hillary Clinton at the beginning of Thursday’s Fox News debate, arguing that she would be unable to play the Democrats’ usual class warfare games against him.
Investment in new U.S. factory plant and equipment just hit the highest level since 1958. After 100 years of economic dominance due to cheap and abundant oil, U.S. politicians turned against domestic oil production in the 1970s and the Middle East oil production took off. For the next 40 years, the budget deficit and income inequality soared as high-paying manufacturing jobs went offshore. But with fracking re-establishing America as the planet’s largest energy producer, U.S. manufacturing is back.
Perry and Trump have been engaged in a rhetorical battle for weeks. At the end of Perry’s speech Wednesday at the Yale Club in New York City, he was questioned about Trump’s remarks. Grinning as he listened to the question, Perry quipped, “Let’s get a pull-up bar out there and see who can do more pull-ups,” as the audience roared with cheers.
A new study purports to show that, while Millennials are as poor as young people ever are these days, they may not be able to expect to become rich as they age as young Americans once expected.
The decline of the newspaper industry is continuing as analysts report that overall another 10.4 percent of newsroom jobs have been lost. Minority jobs in the industry have also fallen to a new low level.
The realistic response to minimum-wage increases involves some combination of making do with less labor – cutting hours, firing people – or passing the cost increase along to consumers. Rarely do we find such a clear-cut example of the latter as the hefty price increase at Chipotle restaurants in San Francisco. As the Chicago Tribune reported, the company was quite direct about raising its prices to cover the cost of local minimum-wage hikes, above and beyond the general price increase imposed on numerous markets to account for the rising cost of food supplies, particularly beef.
In a striking series of admissions, Pope Francis told journalists on the flight back to Rome from Paraguay that he has an aversion to the economy, which he does not understand very well, and that he has neglected the middle class.
Macy’s Department stores is closing down its iconic downtown Pittsburgh location after selling off the building that, for over 100 years, served as the flagship store for the now defunct Kaufmann’s chain.
What she didn’t say: Many Americans have dropped out of the labor force during the Obama presidency, and even those still working have seen wages stagnate or their full-time jobs turn into part-time. Even Clinton’s Democratic competitor, Bernie Sanders, has recognized that the “true” unemployment rate is far higher than the figures pushed by the Obama administration, due to those who have given up looking for work.
GOP presidential candidate Carly Fiorina posted a video on Facebook reacting to Hillary Clinton’s speech on her economy proposals – saying Clinton’s speech was filled with “a bundle of contradictions.”
China on Wednesday gave its first-ever assessment of the scourge of drug abuse, saying it caused annual economic losses of 500 billion yuan ($80.54 billion) and as many as 49,000 deaths last year.
Both of these statements are true
In an exclusive interview with Breitbart News, Perry shared his perspective on how this campaign differs from his 2012 attempt, why he believes that his record stacks up favorably against any of his competitors, what he believes will be a major challenge for former Gov. Jeb Bush (R-FL), his thoughts on the abuses at the VA, and a special memory he shared about time he spent with Breitbart News founder, the late Andrew Breitbart.
In his weekly presidential address posted on Saturday, President Barack Obama lobbied for the passage of the Trade Promotion Authority and other trade legislation being considered by Congress. Obama touted the progress made in the last five years and argued
Obama’s continued sluggish economy has been called a “jobless recovery,” an “illusory recovery,” sluggish, and slow. But even as most say a recovery is happening, it is still hard to tell from the retail sector, which continues to shrink. This month is no exception with many national chains announcing layoffs, cut backs, and closings.
This article originally appeared at Bloomberg: With five million citizens to protect and billions of investment dollars at stake, China is rethinking its policy of keeping out of other countries’ affairs. China has long made loans conditional on contracts for its
Individuals associated with the All Workers Militant Front (PAME), a communist trade union, stormed the Greek Foreign Ministry on Thursday, demanding the far-left government of Prime Minister Alexis Tsipras not agree to any austerity reforms with the European Union, reforms demanded by both the EU and creditors to help Greece avoid a debt default.
Over the weekend, Russian President Vladimir Putin appeared to endorse Ukrainian sovereignty when he told Italian publication Corriere Della Sera that Donetsk and Luhansk regions should remain with Ukraine, but only under certain conditions.
After years of resolutely ignoring workforce decline – claiming every downward tick in the nominal unemployment rate was pure, undiluted joyous news, even though most of those ticks occurred because hundreds of thousands of people were giving up and dropping out of the workforce entirely – liberals are falling all over themselves to bang out Tweets and blog posts explaining how it’s a good thing that same nominal unemployment rate just ticked up.
“The reason I am running for president is I know for certain our country’s best days lie ahead. There is nothing wrong in America today that cannot be fixed with new leadership,” said Perry. “We are just a few good decisions away from unleashing economic growth, and reviving the American Dream.”
ADDISON, Texas — Former Governor Rick Perry’s (R-TX) 2012 presidential campaign was a roller coaster ride, shooting to the top of the polls when he first entered the race, then plummeting back down after a series of debate missteps.
General Muhammadu Buhari was inaugurated as president of Nigeria Friday in the nation’s capital, delivering a speech in which he vowed to fight “official bungling” and eliminate the presence of terror group Boko Haram in the nation.
Another way to interpret this perpetual excuse-making about cold winters and unpredictable variables is that Obama’s central-planning gurus didn’t leave the free-market economy with enough strength and freedom of action to deal with setbacks. The crushing burden of carrying our insanely expensive, corrupt, incompetent central government leaves businesses with insufficient capital and limited options to either exploit opportunity, or prepare for reversals.
Unsurprisingly, a new Field Poll survey in the heavily Democratic state indicates a majority of Californians still support President Barack Obama.
The National Climate Prediction Center has raised the probability of an El Niño in the Northern Hemisphere lasting through this summer to 90 percent, and added that there is a a greater than 80 percent probability it will last through all of 2015.
Today’s economy isn’t creating enough jobs for those who are already here; in April more than one-third of Americans weren’t in the work force. So immigration, whether legal or illegal, is simply serving to hold down wages.
Dr. Ben Carson, GOP presidential candidate who launched his campaign Monday, made his way down Main Street in Greenville, South Carolina, to the South Carolina Freedom Summit on Saturday, stopping to chat with voters.
Russian President Vladimir Putin admitted this week that Western sanctions placed on Russia’s banks and oligarchs have damaged the nation’s economy, but he is confident Russia will remain strong and continue to grow.
Ted Cruz is taking a strong stand on Cuba, both in his presidential campaign and in his day job as a senator. He comes by his position naturally.
Russian President Vladimir Putin is facing protests from unpaid government workers across the largest country in the world. Teachers, autoworkers, and construction workers were among the workers who protested against Putin.
White House Communications Director Jen Psaki responded to Hillary Clinton’s declaration that the economy has “stalled out” by saying “I wouldn’t put it in those terms at all” on Wednesday’s “Morning Joe” on MSNBC. Psaki stated, “I don’t think we’d
White House Press Secretary Josh Earnest repeatedly dodged questions about whether he agreed with Hillary Clinton’s assessment that the economy has “stalled out” on Tuesday. At first, Earnest said that he didn’t see “the entirety” of Hillary’s remarks, but “there
Foreign airlines started to cancel flights to Moscow this week due to the sanctions against Russia from the West and the failing ruble. On Saturday, President Vladimir Putin said in public statements that Russia is more than ready to work closely with the United States.
A new survey from the Republican polling firm OnMessage finds national security has surpassed the economy as the top issue for voters. “Fiscal responsibility” slightly edged out the economy as well.
Fewer than two-thirds of Americans are working or looking for work, the Bureau of Labor Statistics reports. The labor force participation rate last month was 62.7 percent, as low as it’s been since the Carter administration.
New Jersey’s economy is struggling. Except, that is, for its medical system, which is being propped up, Chris Christie’s treasurer says, by ObamaCare payments.
Despite lingering gloom from the economic recession, life is getting much better for the most distressed people all over the world.
A new Gallup poll reveals that Americans think the biggest problem facing the country is not terrorism, healthcare, race relations, or immigration – it’s the federal government.
In a special guest commentary for Forbes Opinion, Texas Governor Greg Abbott (R) touted his state’s continued economic strength, specifically highlighting Texas’ top ranking for capital investment projects.
Out of the cities in the U.S. known for being technology hubs, Austin, Texas has the highest average salary for software developers and engineers, after making adjustments for taxes and differences in the cost of living.
