This morning, the Senate will hold a hearing on the topic of regulatory capture—a term used to describe the often-observed tendency of government officials to become a little too close to the institutions they’re supposed to be regulating.
The impending case made yesterday’s announcement from the Federal Reserve all the...
The crisis in Russia worsened Tuesday when Standard and Poor’s (S&P) placed the nation on negative credit watch.
In a statement, S&P said that the move “stems from what we view as a rapid deterioration of Russia’s monetary flexibility and the impact of the weakening economy on its financial system.”
The...
Phil Cannella interviews former Federal Reserve finance manager, Andrew Huszar, on why he, after becoming an integral part of the creation of Quantitative Easing, wrote an Op-Ed in The Wall Street Journal that began with the words, "I can only say: I'm sorry, America."
Andrew Huszar is a Senior Fellow...
In theory, the price of shares across the stock market is a reflection of economic health. If stocks are up, business is thriving— or so we thought…
Recent market volatility is showing some tell-tale signs that it is not grounded by a sturdy economy, which leaves the fear that it...
In less than two weeks on the job, the 114th United States Congress has taken major steps towards undoing one of the most important pieces of financial legislation this decade.
Rep. Mike Fitzpatrick (R-PA) is a member of the House Financial Services Committee. Last week, Rep. Fitzpatrick introduced a bill...
The question, is there a retirement crisis in America, was answered earlier this month during an expert panel discussion moderated by the Founder of Retirement Media Inc., Phil Cannella. This eye-opening conversation took place just outside of Philadelphia at the Retirement Media Inc. production studios and featured some of...
The financial story of the summer has been trouble overseas—specifically, a debt crisis in Greece and a market crash in China.
But a story developing this week may have the greatest impact on United States markets and citizens.
As of Monday morning, Puerto Rico officially went into default when the island...
The concept of diminishing returns is one of the oldest tenets of economics. It states that if one factor in production is continually increased while all others remain stable, the results of that production will become smaller and smaller.
The United States realized this during its three separate quantitative easing...
