News
FOX Business | Durable Goods Orders Rise 2.2% in February
Orders for long-lasting U.S. manufactured goods rebounded more than expected in February and shipments snapped two straight months of declines, providing fresh signs the economy was shaking off some of its winter gloom.
CNN Money | Top incomes can be fleeting
There are few lifetime memberships in the exclusive club of high-income taxpayers. In fact, there's a lot of turnover in the top 1%, entry into which took at least $389,000 of adjusted gross income in 2011 -- a threshold met by nearly 1.37 million returns that year.
Bloomberg | Rising Utility Costs Lingering After Winter’s Chill Fades
U.S. consumers got a glimpse of rising future utility bills during the winter as coal- and nuclear-plant shutdowns boosted reliance on natural gas.
USA Today | Best retirement advice for many: Never retire
By now, we all know how difficult retirement is — especially the planning part. But there is a group of people who believe they have a solution: Never retire.
CNBC | Declining US profits signal inevitable recession: SocGen bear
Albert Edwards, Societe Generale's uber-bearish strategist, has once again taken aim at economists bullish on the U.S. economy, highlighting a contraction in corporate profits that could leave the country exposed to external shocks and an "inevitable" recession.
Econ Comments & Analysis
Forbes | The Rise Of The Nanny State Is Why America Needs A Regulatory Budget
Washington refuses to control spending, and it certainly doesn’t control the costs of federal regulations it imposes on citizens at the rate of over 3,500 annually.
Investors | Reaganomics Vs. Obamanomics: Two Wholly Different Outcomes
Despite adding almost a trillion dollars to our national debt and failing to keep the unemployment rate at or below 8% as advertised, liberals consider President Obama's signature stimulus package — the American Recovery and Reinvestment Act — a success, in part because of the number of jobs it "saved."
Fortune | America's thorny affordable housing crisis
A new report argues that there are just 31 affordable housing units for every 100 families who need them. Addressing this problem raises more questions than it answers.
National Review | Land of Inequality
From the end of World War II until the 1990s, California possessed a magnetism unique among the 50 states. It was — according to a mythology that was probably overwrought even in those halcyon days — an American Eden, a place where ambition and unfettered imagination combined to make even the most exotic dreams seem feasible.
NY Sun | Lagarde’s Waterloo
The failure today in the Senate the so-called “reform” of the International Monetary Fund is an encouraging moment. Senator Reid had tried to tie the scheme, a lunge for money, to the Ukraine rescue, but then retreated, saying the IMF part of it would not have been able to pass the House.
Blogs
WSJ | Asia Misses Out on Capital Spending Bump
Capital investment in emerging markets, especially Asia, is lagging the developed world, a trend likely to damp growth prospects in many nations.
