News
FOX News | More Americans feel they're slipping from middle class after harsh recession and slow recovery
A sense of belonging to the middle class occupies a cherished place in America. It conjures images of self-sufficient people with stable jobs and pleasant homes working toward prosperity.
CNN Money | Where the rich stash their toys
The rich are on the hunt for secure, tax-free places to stash their fine art and luxury items, fueling a surge in demand for top-end warehouses known as freeports.
FOX Business | IMF Trims Global Growth Outlook Amid Emerging-Market Risks
The International Monetary Fund on Tuesday trimmed its forecast for global growth for the year, citing continued weakness in the economies of emerging markets and threats from global conflicts.
CNN Money | Time for market panic? Depends who you ask...
Gary Flam, a portfolio manager at Bel Air Investment Advisors, had the lowest target for the S&P 500 among the 26 investment professionals in CNNMoney's survey. He expects the index to end 2014 at 1,700, which would translate to a drop of 8% compared with 2013.
Market Watch | Small-business optimism sees small recovery in March
A measure of small-business optimism improved in March but still didn't surpass January levels, a trade group said Tuesday.
Econ Comments & Analysis
CNBC | Here's why a momentum bounce could be looming
Watch for a dead cat bounce in some of the former high-flying Internet and biotech names, but any rebound may be short-lived.
AEI | Plan C: A simple fix for Fannie and Freddie
Everybody talks about fixing the problem of Fannie Mae and Freddie Mac, but it is hard to make anything actually happen. Current legislative grand plans for housing finance restructuring are complex, full of untried ideas, and seem unlikely to be enacted.
Heritage Foundation | The “Heat and Eat” Food Stamp Loophole and the Outdated Cost Projections for Farm Programs
In February, Congress passed a new farm bill that lacked meaningful and necessary reform. Making matters worse, Congress made critical mistakes that will have a major impact on both food stamps and farm programs.
Blogs
Heritage Foundation | This Legislation Would Let Government Take Over U.S. Mortgage Market
In 2009, Congress used nearly $200 billion to bail out the housing finance companies Fannie Mae and Freddie Mac. These companies are still operating under the direct control of the federal government, and taxpayers are underwriting an even larger share of mortgages now than in 2008. Even worse, the U.S. Senate is poised give us Fannie–Freddie 2.0 in the new housing reform bill that Senators Tim Johnson (D., S.D.) and Mike Crapo (R., Idaho) have released.
