Nonfarm Payrolls +288,000, Unemployment Rate 6.1%; Voluntary Part-Time Employment +840,000; Full-Time Employment -523,000

Initial Reaction On the surface, this appeared to be a very strong jobs report from both the household survey and establishment survey persp...

Workers Handed Victory Over Unions: Supreme Court Rules Government Cannot Force-Unionize Workers Into State Entitlement Programs

In contrast to the highly ballyhooed but Much Ado About Nothing Supreme Court ruling on Obamacare, the court issued a far more meaningful r...

Much Ado About Nothing

Republicans and Democrats alike trumped up the meaning of Monday's 5-4 Supreme Court ruling " closely held companies cannot be comp...

New Orders for Manufactured Goods Down More than Expected, Inventories Up 18 of 19 Months, Highest Since 1992

The Department of Commerce report on Manufacturer's Shipments, Inventories, and Orders released today shows new orders for manufactured...

For the "What Did You Expect Them to Say?" File

Following a record $9 Billion Fine yesterday (See French Bank BNP Paribas Pleads Guilty Criminal Conspiracy Charges; Anyone Headed to Prison...

Ukraine Begins Offensive Against "Parasites"; Who Really Broke the Ceasefire? Journalist Prosecution

Ukraine president Petro Poroshenko vows to rid the country of "parasites" and launched a major offensive against the rebels. In do...

Radical Stupidity: Academics Endorse $20,000 Income for Everyone, Working or Not

If you made less than $20,000 annually, but were guaranteed $20,000 whether you worked at all, would you work? Most wouldn't. And it sho...