economy

Powell signals higher interest rates. Here’s why Friday’s jobs report will affect Fed’s decision.

BY: - March 9, 2023

Federal Reserve Chairman Jerome Powell said this week that interest rate increases could be higher and come faster if Friday’s unemployment data shows the nation’s labor market isn’t cooling off. Stock indexes fell after his comments. That’s been a familiar pattern over the past year as the federal bank has tried to combat inflation.  A […]

COMMENTARY

Tennessee has some advantages over Kentucky. Backward tax policy isn’t one of them.

BY: - January 27, 2023

Maybe some Kentucky Republicans are right: we do need a wall along our southern border. Otherwise all those poor and middle class Tennesseans who want to avoid their state’s high sales taxes will keep coming up here and crowding our stores. Who can blame them? Tennesseans now pay state and county sales taxes as high […]

COMMENTARY

Regressive Kentucky laws bring back the bad old days

BY: - January 6, 2023

Addressing the long list of pressing modern challenges facing Kentucky requires a unified effort from all of us. How will we create good jobs in a globalized economy, stem climate change and deal with its effects, protect public health against the threat of future pandemics, and more? Instead of tackling the dilemmas of our age, […]