According to a study just published by Wealth-X and National Financial Partners, $16 trillion of wealth belonging to 211,275 “ultra-high net worth” individuals will be passed on to the next generation over the next 30 years.
Small cheap robots are doing for small manufacturers what table tablets are doing for fast-food restaurants: making paychecks stretch further.
According to Russell Gold at the Wall Street Journal, the fracking boom “has already lasted longer than anyone would’ve imagined just a decade ago and has more room to run. That’s because oil and natural gas wells have become more productive — an unrecognized but potent trend that should keep the fuel flowing.”
Minimum-wage laws have unintended consequences, including hurting the very people they're allegedly designed to help.
The U.S. Chamber of Commerce supposedly engages in political advocacy to help businesses prosper, but it would be more accurate to say that it helps “some” businesses.
The economy of Kansas is beginning to revive, thanks to tax cuts by Governor Sam Brownback. Now serious cuts in state spending are needed to complete the job.
The federal government is building a National Mortgage Database that will contain vast amounts of highly personal information on individual Americans.
Freedom has suffered another blow, this time in Michigan, which has just raised its minimum wage along with its unemployment rate.
The joyous celebration by environmentalists that California's Monterey shale oil formation is presently inaccessible will likely turn out to be premature.