The financial news has been full of bad news lately. It seems like everyone from U.S. consumers to international traders are doing what they've been told to do by the economic and financial experts for the last decade or so in order to secure America's long-term future. And who would...

Fed Chairman Ben Bernanke hastened to assure Congress on Tuesday that, while he thinks the economy still needs stimulus, he remains sensitive to the danger that expansive monetary policy could stoke inflation. But should he worry? Might inflation be not only the most efficacious but also the kindest way out...

The consensus of economic wisdom now informs us that we are facing a jobless recovery. That might not be so bad if it hadn't been preceded by a long period of poorly paid prosperity.

Minutes of the Fed's June policy meeting released last week show that officials now...

"Tumbling price of oil helps stocks end day down," read the business headline on MSNBC.com on Tuesday, a warning repeated in another Associated Press story on Friday.

Gee that's funny. I used to think that falling oil prices were good for the economy. After all Americans buy (and increasingly...

It may come as a surprise to homeowners and developers now viewing block upon block of empty and unsellable houses and townhouses (or, in cities, floor upon floor of vacant condos), but apparently one of the main causes of the current housing crisis is that we didn't build still more...

Out here on the frontiers of American public opinion, a faint but discernible breath of optimism is dusting the plains. This, even as economic experts warn of a slow recovery from the current severe recession and a record number of Americans express dissatisfaction with their current financial situation. Are average...