Ignore the Donations, the Fed Has Been Political For Decades, Part 1
The Federal Reserve (or “the Fed” for short) is supposed to be a politically independent entity. Political commentators are outraged that Federal Reserve employees donated $10 »
Housing Costs Continue to Drive Inflation
Inflation picked up again in October, showing the last mile to the 2% target will be the hardest. Shelter costs remained the main driver of inflation, »
Why Is Gold Price Crashing? Will Selloff Intensify? Gary Wagner Answers
Saks Fifth Avenue has canceled its annual holiday light show because of a 'challenging year for luxury'
After nearly two decades of enchanting holiday shoppers with its elaborate light displays, Saks Fifth Avenue suddenly canceled this year’s installation, an about-face from statements »
Restaurants are finally taking price hikes off the menu
Inflation is drifting down in fits and starts, and so are restaurant menu prices. Consumer prices were 2.6% higher in October than the same time »