Inflation Warning: Should the Fed Raise Interest Rates?

It’s no surprise that consumer prices are rising — the prices of commodities from corn to cotton to copper are near record levels, thanks to shrinking supplies and rising demand worldwide. The question is whether the Fed will …

As Japan Slips, China Moves Into Second Place

China has officially bumped Japan as the world’s second largest economy. Japan reported its GDP grew only 1.8% last year to $5.47 trillion, while China’s climbed 10.3% to $5.88 trillion.
Continue reading As Jap…

What U.S. Energy Policy Needs: Less Coal, More Uranium

With cleaner air and energy self-sufficiency high on America’s list of priorities, our irrational dislike of nuclear power looks increasingly imprudent. China, France and the U.K. have raced ahead safely on nuclear power: It’s …