Many of the lessons being learned the hard way in Detroit's bankruptcy will, unfortunately, have to be learned over and over again.

There is no bad news here to report: It's all good. Energy production in Texas makes it one of the world's top 10 oil and gas producers.

South Korea joins China in considering appealing for membership in the Trans-Pacific Partnership (TPP).

At 100 years old, the Federal Reserve is still fulfilling its intended mission to control the nation’s money supply — empowering big banks at the expense of average Americans.

After 25 years of trying, economist Mark Skousen has finally persuaded a government agency to report U.S. economic activity more completely.