Developing countries now lead U.S. in wealth creation by entrepreneurs

The creation myth of American wealth is almost always rooted in the entrepreneur. It’s the two kids who start a computer company in their garage or dorm room. Or the ...

U.S. Recovery Coming At 2 Speeds

SEATTLE – Banking analyst Meredith Whitney sums up the investment opportunity in the United States as “a tale of two countries” – the idea that states will grow unevenly based ...

Norway Loses $713,000 on Every Muslim Immigrant

By Daniel Greenfield What is the price of diversity? Aside from all the violence, it’s $713,740.30 per immigrant. The newspaper has previously revealed that Norway loses 4.1 million kroner ($713,740.30) for ...

China may not overtake the USA this century after all

Doubts are growing about whether China can pass the US to become the world’s biggest economy this century amid warnings that the country’s 30-year miracle is nearing exhaustion. The world’s ...

The Percentage Of Self-Employed Americans Is At A Record Low

The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise ...

‘Real’ Jobless Rate Still Above 10%

By: Jeff Cox Two months from now, revised government estimates are likely to show that the economy is even bigger than the currently stated $15 trillion. And while the numbers may ...

Consumer Spending Weakens, Economy Inches Toward Second Recession

By Peter Morici The Commerce Department reported Monday that the growth of consumer spending slowed in March, further indicating the United States may be swept into Europe’s recession and the ...

Report: Obama Spent Twice As Much Time On Vacation Than The Economy

Who would have ever thought that the best thing about being President would be the non-stop golfing and vacations? Sure, you may be too broke to go on vacation because ...

Home Depot Co-founder: Obamacare Will ‘Kill Off’ Small Business

Retired Home Depot co-founder Bernie Marcus declared to Newsmax TV in an exclusive interview that “Obamacare is going to kill off small business.” “If [employees] are thrown out of their ...

Here we go again: Obama Wants Loose Mortgage’s, Again!

The Obama Administration Wants Banks to Stop Being So Uptight About their Mortgage Underwriting. How Crazy is That? Here we go again The Washington Post reports that the administration is ...