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 …

GM and Chrysler Will Pay Bonuses to White-Collar Workers

Less than two years after they exited bankruptcy, Chrysler Group and General Motors will soon distribute bonuses to salaried employees in recognition of their efforts to help revive the once-flagging Detroit automakers. The pay…

Is a Degree From a Top College Worth the Price?

For years now, private college tuition has risen far faster than inflation, a fact that colleges have used a fancy theory called Baumol’s Law to explain away. Unfortunately for families who pay over $200,000 to send a child to …