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A Thriving Growth Area in a Weak Economy: Hair

By SABRINA TAVERNISE @ New York Times In low-slung suburban strip malls, nestled among fast-food restaurants and auto supply stores, hair salons are sprouting like mushrooms. The Census Bureau recently...

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Why Americans Hate Economics

In university classrooms—and especially the Obama White House—fancy theories of macroeconomics defy basic common sense. By STEPHEN MOORE Wall Street Journal Christina Romer, the University of...

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Will There Be Another Round of QE in 2012?

I was just reading a bit about the possibility, or lack thereof, regarding a QE3 in early 2012. Dennis Gartman, author of “The Gartman Letter” doesn’t see it happening and even if it does, there’s some...

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Oil speculation could be adding $600 to your gas bill

A consumer group predicts market speculation will cost U.S. households more than ever in 2011 and the drain on household incomes will increase unless government steps in. “Speculation will add $600 to...

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Senate Republicans Put Together Their Own Jobs Plan

Rather than support President Obama, Senate Republicans have decided to create their own ‘Jobs Plan.’ The plan is basically a repackaged version of conservatives’ ideal agenda, featuring Republican...

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Has Fed killed housing and, with it, the economy?

Has the Federal Reserve strangled the recovery by hinting that it would soon ease back on the throttle? Will higher mortgage rates stop the housing market in its tracks? Or is the economy now steady...

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U.S. Mortgage Rates for 30-Year Loans Rise to 2-Year High

U.S. mortgage rates for 30-year loans rose to a two-year high, increasing borrowing costs amid signs of an improving job market. The average rate for a 30-year fixed mortgage climbed to 4.51 percent,...

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