The Federal Open Market Committee (FOMC) voted last week to raise interest rates yet again, setting a target range this time of 2.00-2.25%. While that was expected by everyone and had been priced in already by markets, what took some people by surprise was the fact that the FOMC’s statement for the first time in […]
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Amazon just announced that it would raise its minimum wage for all US employees to $15 per hour starting on November 1. But the company wasn’t content to stop there. It has instructed its public policy team to begin lobbying for an increase in the federal minimum wage, which is currently $7.25 per hour. While […]
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Adding to an arsenal of legislation that makes California one of the most difficult states in which to do business, Governor Jerry Brown recently signed into law legislation that mandates that public companies include women on their boards of directors. In doing so, California becomes the first state to enact that requirement. By the end […]
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When people think of Mauser rifles, they generally think of World War I and II and the German Army. The Mauser 98 that was used in Germany from 1898 to 1945 was the pinnacle of bolt action rifle development, coming after a hurried 12-year arms race that began with the French Army’s introduction of the […]
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In another sign of the reflexive intolerance of leftists, rapper Kanye West is taking yet more flack for his support of President Trump. Wearing a “Make America Great Again” baseball cap on a recent Saturday Night Live appearance, West launched into an off-air monologue supporting the President. His comments received boos from members of the […]
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In another sign of the reflexive intolerance of leftists, rapper Kanye West is taking yet more flack for his support of President Trump. Wearing a “Make America Great Again” baseball cap on a recent Saturday Night Live appearance, West launched into an off-air monologue supporting the President. His comments received boos from members of the […]
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According to the latest estimates, stock buybacks will have reached an all-time high of $1 trillion this year. That’s a 46% increase from last year, and far higher than the previous high reached in, you guessed it, 2007. And that estimate could even be conservative, given that we’re still only three quarters into the year […]
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Nearly everyone is holding on to some kind of emotional baggage. Some have it worse than others. But only very few people can truly say they’ve been able to fully let go of the insecurities and traumas that have haunted them. When confronted with this possibility, many people immediately get defensive, and deny that they […]
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While cryptocurrencies have become more and more popular with consumers and investors, even governments are starting to get in on the action. By now everyone is familiar with Venezuela’s petro, and with Iran’s attempts to create its own cryptocurrency. Even larger countries such as India are exploring the possibility of issuing their own cryptocurrencies, and […]
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A growing trend among left-leaning states since President Trump took office is that those states are attempting to adopt at the state level policies that the federal government under the Trump administration is abandoning at the national level. Among those is so-called “net neutrality,” which the Federal Communications Commission (FCC) has abandoned as a principle. […]
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