On the Road to Independence
The dream of energy independence for the United States of America is fast becoming a reality.
Gas and Cigarettes: The Tax Sticks That Keep On Hittin’
A look at how federal and state taxes hit car owners and smokers: are they meant to change behavior or just raise revenue?
Southern Charm in the Small-Cap Space
Don’t let the easygoing, good ol’ boy charm fool you. Raise the topic of investment management, particularly in small caps, and Mark Travis' “aw-shucks” attitude quickly fades.
U.K. Investigating Natural Gas Price Fixing Allegations
Energy Secretary Ed Davey said in the report that the government is “extremely concerned” about the possibility that manipulations of the wholesale natural gas market may have been perpetrated by some of the largest power companies in the country.
Economy to Drive Small-Business Owners’ Vote: Principal Financial Survey
A just-released survey by The Principal Financial Group has found that the top concern among small-business owners today is managing health care costs.
Ex-CIA Official Sees ‘Supersonic Boom’ in Global Growth: RIIA Confab
Ex-intelligence official Herb Meyer predicted a “supersonic boom” in the world economy in coming decades, resulting from heightened consumer demand from a “global middle class” including potentially billions of people recently emerged from poverty.
MLPs Come into Sharp Focus
The young, tax-advantaged asset class of master limited partnerships, with its unique structure and method of return, has been picking up steam for the past several years.
Dithering Deepens, Spreads Eurozone Crisis
Calls for action seem to be everywhere throughout the eurozone with the exception of Germany, where Chancellor Angela Merkel’s insistence on adhering to austerity is increasingly isolating her from the rest of the region.
U.S. Unemployment Rate Barely Changed in April as Economy Added Only 115,000 Jobs
The U.S. unemployment rate was little changed in April, at 8.1% versus 8.2% in March, as the economy gained only 115,000 jobs, the Labor Department reported Friday.
An unusual — and stunning — thing happened on the way out of the financial crisis: In 2009, the United States became the world’s largest producer of natural gas.