When Goldman Sachs talks, people usually ­listen because the smart guys who run the company often make good calls on markets. But they've also been wrong and it's usually when ideology about how to best spur economic growth starts seeping into the firm's forecasting models. There's a pretty solid list of their economic misses, which I don't ...

The Biden administration keeps insisting inflation is "transient," but there are now real signs that inflation is here and possibly for the long haul. Thursday's consumer price index increase of 5 percent year-on-year — its highest level in 13 years — is the latest and most visible piece of evidence that this scourge is making a comeback. And ...

The GameStop-Robinhood stock-trading frenzy could take another bizarre turn thanks largely to some legislative "solutions" being weighed, allegedly to protect small investors. But if any of this stuff makes it into law, it will be the "little guy" who gets screwed, and this time for real. The end of low-commission and free trading could be in ...

Among corporate America's biggest worries about a Biden presidency was that he might cave to the left wing of his party and select Elizabeth Warren as his top white-collar-crime cop. Well, the corporate chieftains dodged that bullet, only to find themselves now in the crosshairs of the next worst thing. To say Gary Gensler — nominated as head ...

Lost in the mayhem in DC over the past few days has been Wall Street's move to quietly delay — yet again — a full return to their New York headquarters. Originally the return was expected for this summer, but now I'm hearing that workers won't come back till closer to the end of 2021 or even early 2022. The new (unofficial) timetable ...

Investors have a way of sniffing out the truth, and what they're sniffing now in terms of COVID-19 is far from the doom-and-gloom, long-dark-winter scenario we keep hearing from many politicians, most notably those in New York. Instead, there's a fair amount of sunshine on Wall Street these days about the country's future and the likely end of ...

Democrats are obsessed with impeachment, and no wonder — they would rather not draw attention to President Trump’s economic success, nor their plan to upend it. Friday’s stellar jobs report was yet another indication that the country is experiencing something that was missing during eight years of the Barack Obama presidency: an economic boom ...

The left won’t admit it, but Friday’s employment report is yet more proof that President Trump’s policies have achieved in a little more than one year something progressive politicians have been championing for nearly forever: a fairly significant increase in the federal minimum wage.
Trump hasn’t officially agreed to raise the federal ...