Last Thursday the Senate Banking Committee held hearings on Janet Yellen’s nomination as Federal Reserve Board Chairman. As expected, Ms. Yellen indicated that she would...
One of the least discussed, but potentially most significant, provisions in President Obama’s budget is the use of the “chained consumer price index” (chained CPI),...
October was Iraq’s deadliest month since April, 2008. In those five-and-a-half years, not only has there been no improvement in Iraq’s security situation, but things...
Washington, D.C., Wall Street, and central bankers around the world rejoiced this week as Congress came to an agreement to end the government shutdown and...
Last week, for the first time since the 1979 Iranian revolution, the U.S. president spoke with his Iranian counterpart. Their 15 minute telephone call was...