Personal Finance

CBS News online provided Democrats ammunition disguised as free advice and “facts” just ahead of their first debate. Supposedly wondering how the economy is “really doing,” CBS journalists Aimee Picchi, Alain Sherter, and Irina Ivanova glumly answered, “The first quarter of 2019 may be as good as it gets for quite a while.” 

One of the left’s favorite economic talking points is an obsession with income and “wealth inequality.” In keeping with that trend, CNBC editor-at-large John Harwood offered five approaches to “fight” wealth inequality for the “economically helpless” on June 19. Most of those five proposals were liberal solutions including suggestions for taxing those at the top, imposing a higher minimum wage…

Multimedia journalists beware, if you create a video about a candidate’s proposal without any opposing perspectives, that’s not news and your video will look like blatant advertising. That’s exactly what CNBC’s video about Sen. Elizabeth Warren (D-MA) and her student loan plan looked like on June 14. It described Warren’s plan in detail, but only her details beginning with her words and citing…

A healthy and growing economy should be good news, but CNBC claimed it could put marriages at risk. Although the liberal media often talk, downplay, or spin economic news, CNBC provided a very strange complaint about the current “strong economy” on June 1. It warned “marriage could suffer” because of economic strength. CNBC personal finance reporter Jessica Dickler wrote that given the relative…

Even CNBC's more liberal anchor wasn't thrilled with newly announced plans from Democratic candidates to tax Wall Street transactions. Reporter Ylan Mui told Squawk Box viewers on May 23 about plans from liberal candidates Sen. Bernie Sanders (I-VT), Sen. Kirsten Gillibrand (D-NY), Sen. Elizabeth Warren (D-MA), and Pete Buttigieg (D-IN) to tax Wall Street to pay for expensive things like "free"…

We no longer live in a constitutional republic. We live in an idiocracy. Only in modern-day America, under the Democratic-controlled U.S. House of Representatives, is the basic proposition that federally subsidized public housing should benefit American citizens and legal residents slammed as “despicable” and “damaging.” Those are the hysterical words used by Democratic Rep. Carolyn Maloney of…

During the Trump administration Hispanic unemployment has hit five all-time record lows, but the nation’s number one Spanish-language television newscast, Noticiero Univision, once again blew off the latest blockbuster economic news for the country’s largest minority group, which participates in the American labor force at a higher rate than any other segment of the U.S. population.

My longtime friend and colleague Dr. Thomas Sowell has just published a revised and enlarged edition of “Discrimination and Disparities.” It lays waste to myth after myth about the causes of human differences not only in the United States but around the globe. Throughout the book, Sowell shows that socioeconomic outcomes differ vastly among individuals, groups and nations in ways that cannot be…

Democratic presidential candidate Sen. Elizabeth Warren has grand ambitions for spending other people’s money. Her latest proposal was (by her own estimation) a $1.25 trillion policy proposal for student loan forgiveness and free college. CBS News made a $49,950,000 error when it reported that Warren’s reparations plan “would also create some incentives for black students and lower-income…

As if searching for a way to criticize the late 2017 tax cuts, the broadcasts networks aired a series of panicked reports about tax returns in February. Roughly 80 percent of Americans taxes were cut by the legislation, yet the broadcasts complaints fostered a misleading implication that taxes were not cut.

Some Americans have much higher income and wealth than others. Former President Barack Obama explained, “I do think at a certain point you've made enough money.” An adviser to Rep. Alexandria Ocasio-Cortez who has a Twitter account called “Every Billionaire Is A Policy Failure” tweeted, “My goal for this year is to get a moderator to ask ‘Is it morally appropriate for anyone to be a billionaire…

Latino news networks in the United States exist for one sole reason: to inform Hispanics who prefer watching relevant content in Spanish. As such, it would seem only natural for major economic news directly affecting that viewership to occupy headlines on the nation’s top Spanish-language media outlets. Yet, as MRC Latino has repeatedly noted, the subject is consistently either ignored or under-…

PALM BEACH, FL — While most attention has been focused on immigrants trying to enter the United States over America's southern border, there is legal migration taking place that has been largely ignored, though it may have at least as much economic and political impact as the other. People are moving out of high-tax states to Florida and other states with lower tax burdens.