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economy

Cheap-Oil Era Tilts Geopolitical Power to U.S.

 A new age of abundant and cheap energy supplies is redrawing the world’s geopolitical landscape, weakening and potentially threatening the legitimacy of some governments while enhancing the power of others. Some changes already are evident. Surging U.S. oil production enabled America and its allies to impose tough sanctions on Iran without having to worry much […] Read More →

Sen. Feinstein Goes to War Against Airbnb

Debra J. Saunders,  In her mind, Dianne Feinstein will always be mayor of San Francisco. She may be a high-ranking U.S. senator with more than her share of clout in Washington, but she never forgets her roots as onetime mayor and supervisor in the city by the bay. As Ess Eff’s mayor emerita, Feinstein recently […] Read More →

Putin berates U.S. over sanctions before G20 meeting

 President Vladimir Putin accused the United States on Friday of undermining the very trade institutions it created by imposing sanctions on Russia, a “mistake” he hoped would be overcome in the “final count”. In an interview with Russian state news agency TASS before a meeting of the G20 major and developing economies, Putin said sanctions […] Read More →

Abbott says Putin compensating for failing economy with military aggression

 Prime Minister Tony Abbott has accused Vladmir Putin of a “regrettable pattern” of military aggression which has culminated in warships off northern Australia. At a joint press conference with British Prime Minister David Cameron today, Mr Abbott linked the decline of Russia’s economy with an increase in that nation’s assertiveness. “It is part of a […] Read More →

Gas to average under $3 in 2015, government says

 NEW YORK — The average price of gasoline will be below $3 a gallon in 2015, the Energy Department predicted Wednesday. If the sharply lower estimate holds true, U.S. consumers will save $61 billion on gas compared with this year. Economists say lower gasoline prices act like a tax cut, leaving more money for consumers […] Read More →

What the Economy Has Done to the Family

It could be a future diorama at New York’s Museum of Natural History: A human male and female who not only got married, but stayed married. Divorce among 50-somethings has doubled since 1990. One in five adults have never married, up from one in ten 30 years ago. In all, a majority of American adults […] Read More →