With high levels of inflation and general economic malaise affecting Venezuala, some experts say the country has passed "the point of no return."

Last Friday, the Commerce Department released its initial estimate of U.S. economic growth for the fourth quarter of 2015, and the news was grim for the economy.

Up and up goes the debt, freed now from any "debt ceilings." How and when the insanity will stop is anyone's guess.

Most people seem to agree that communism (a type of socialism) has proven to be a failure, but many believe that soft socialism is beneficial. Let’s look at some examples.

A report released on Monday by the Congressional Budget Office projects that the federal debt will be $30 trillion within a decade, citing new spending, tax cuts, and ObamaCare as some of the primary causes.

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