Trapped: The Fed Has Painted Itself Into a Corner

Having committed itself to ultralow interest rates and quantitative easing, the Fed is now caught in a double bind: Continue those policies and keep pumping money into speculative, inflation-hiking commodity bets — or end them…

Higher Pump Prices? Yes. But Not $5 a Gallon

Americans could see gasoline spiking 10% to 18% higher in coming weeks as a result of the unrest in the Middle East, but they’re unlikely to rocket as high as some are predicting — unless the uprisings spread to Saudi Arabia. …

Supreme Court Limits Lawsuits Against Vaccine Makers

Vaccine makers such as Pfizer are breathing easier now that the Supreme Court has ruled they can’t be sued for defective vaccine designs. The majority opinion by Justice Antonin Scalia was unequivocal: Congress has barred lawsu…