With a free market nothing stands still; everything changes. Resistance is futile, even by auto dealers. 

The ripple effect of business investment in the United States, thanks to the friendly face in the White House, is likely to accelerate.

Facing its best chance of passage ever under the new GOP-controlled Congress and the incoming Trump administration, wildly popular legislation to open up the Federal Reserve's books, known as “Audit the Fed,” was just re-introduced in the 115th Congress. The bill, sponsored by dozens of lawmakers in the House and the Senate the day it was re-introduced, would force the obsessively secretive and increasingly controversial central bank to submit to a full government audit. But the Fed and its apologists do not plan to allow a real audit without a tough fight.

Reality has yet to set in among those professionals managing billions in pension plans across the land, as they set target rates of return on investments far above what they will likely make.

 

It’s official: McDonald’s says that every one of its 14,000 stores nationwide will be replacing cashiers with automated touch-screen kiosks.

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