The Peterson Institute has discredited itself repeatedly with promised benefits from NAFTA and other free trade agreements that failed spectacularly, but it is back with more of the same to promote the Trans-Pacific Partnership (TPP).

Many economists claim not only that huge U.S. trade deficits are good things for America, but that they can prove it logically. Well, they are somewhat correct.

Reality and politics in the Windy City rarely collide in the same sentence, but that Chicago's fiscal problems are becoming too big to ignore.

A small San Francisco bookstore is going out of business because it can't afford a minimum-wage increase approved by voters last year.

Bruce Rauner, Illinois’ new Republican governor, was inaugurated on Monday and is facing a daunting task: a $4 billion backlog of unpaid bills and a budget showing deficits approaching $21 billion in three years unless something is done.

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