Joe Biden Wants To Crack Down On Noncompete Clauses

President Joe Biden has railed for years against the proliferation of noncompete clauses in employment, which can lock workers into their jobs and depress wages. He criticized them while serving as vice president under President Barack Obama, and he called for a federal ban on them during his campaign for the White House last year. […]

Why GDP data is irrelevant to markets

Large investors track high-frequency data that is immediately available today.That data has been bullish, points out Debashis Basu. This is my third piece in a series that explains why the stock market (which should ideally reflect the underlying economy) is so resilient in the face of a global pandemic. The first piece pointed out extraordinary […]

Pandemic Shutdowns Actually Helped Economic Growth in 1918 Flu

Sign up here for our daily coronavirus newsletter on what you need to know, and subscribe to our Covid-19 podcast for the latest news and analysis. Coronavirus containment measures that force economies to slow down or halt may ultimately be better for economic growth than laxer efforts, according to Federal Reserve researchers who analyzed the […]

Business economists endorse Federal Reserve policies

Existing home sales up due to thriving economy FOX Business’ Deirdre Bolton says Millennials are buying tons of homes now that they’re reaching the typical home buying age. Nicholas Wealth Management president David Nicholas maintained that while it’s good home sales are going up, supply is going down, which means higher home prices. Economists have […]