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There are about 41 million persons age five and older in the US that speak Spanish at home. This makes the US the 4th largest fourth largest Spanish-speaking nation behind Spain at 46 million, Colombia at 48 million and Mexico…

The Friday File: Since first appearing in the early 1800s, poker has become increasingly complex. Originally, five cards were dealt followed by one round of betting. That’s boring, and the chance of having a good hand, very low. By introducing…

The just negotiated temporary arms control agreement has several vulnerabilities that must be dealt with. When Iran cheats in small ways, and they will, the penalties must hurt. We must also prevent Iran from becoming a nuclear state by building…

The number of FDIC insured institutions peaked at 18,083 in Q1/1986. As of Q1/2015 they numbered 6,419, a 64.5% decline. Bank employment was 1.6 million in Q1/1986, peaked at 2.2 million in Q1/2007, and is now 2 million. Quarterly profitability…

With half of Chinese-listed companies having suspended trading, with short selling prohibited, the Chinese Central Bank giving money to firms to buy shares, and the government relaxing rules on mortgage borrowing to encourage stock purchases, it’s clear the Communist Party…

The Friday File: Taking Alexander Hamilton off the $10 bill is a travesty! He consolidated the debts of the states, gave us federalism, wrote most of the Federalist Papers, saved us from a Burr administration, set up a strong federal…

While crude prices decline, pump prices are up. It’s because in summer we drive slightly more and refiners must switch to summer-blends which evaporate slower and cost more. Moreover, because there are many different summer fuel-blends required by the EPA,…

Oil has suddenly fallen from $60/bbl to $52/bbl, near the multiyear low of $45/bbl set in Q1/15. This is because: Iran plans to increase exports once sanctions are lifted, OPEC is increasing production, US oil-rig counts rose for the first…

Household spending should remain healthy for four reasons. First, household net worth hit a record $84.9 trillion in Q1/15, up $1.6 trillion from Q4/14 and the ratio of household net worth/personal disposable income (PDI) is at its highest level since…