Tennessee to pass law that would ban public displays of Confederate flags at public parks

A bill that would require people to wear Confederate flags in public places in Tennessee is being considered in the state Senate.The measure is sponsored by State Sen. Tom Smith, D-Ridgefield.The bill would make it a Class B misdemeanor for anyone to display a Confederate flag or a Confederate symbol in a public place without […]

How to tell when you’re a winner and a loser

The Great Recession began in September 2007, the first time the Federal Reserve’s policy of quantitative easing had worked its way into the economy.By the time the Great Recession ended in December 2009, the Fed had pumped more than $4 trillion into the U.S. economy through its various tools, including quantitative easing, and the stock […]

Why did the UK economy slow down in 2014?

Why did Britain’s economy slow at a time when the rest of the world was booming?The economy shrank by 0.7 per cent in 2014, the first contraction since 2008.The slump was the result of the government’s decision to raise the personal allowance from £30,000 to £40,000 and the scrapping of the housing benefit freeze.Inflation was […]

How to boost economic growth in a conservative world

The economic growth of the world will increase by about 3 percent next year, according to a new forecast from the International Monetary Fund.It is a good sign, as this year’s forecast is more optimistic than the IMF expected.The global economy will grow by 2.5 percent in 2018 and 2.4 percent in 2019, which is […]

U.S. to raise wages by $2.5 billion, reduce overtime and hire more workers

The United States will increase its wages by about $2 billion over the next year to help offset a $5.2 billion payroll cut, as part of the U.N. plan to reduce the burden of global warming, the Labor Department said Monday.The Labor Department also said it would boost hiring by 1.2 million jobs in 2018, […]

Arkansas’ economy is growing at a rapid clip and is headed into a new fiscal year, a new governor says

Arkansas has posted its best economic growth in almost four years, and Governor Mike Beebe is hopeful the state can sustain that pace as lawmakers and business owners head into the new fiscal season.Beebe, a Democrat, took office in January.The state’s economy grew at an annualized rate of 6.4 percent in the second quarter, up […]