Feb 22, 2017 | Business & Economy
A new problem that has suddenly emerged is the record levels of gasoline sitting in storage. The market has already had to digest the fact that U.S. crude oil stocks were rising, and investors have done their best to explain away the trend. But now gasoline inventories are climbing to unexpected heights.
Read MoreFeb 21, 2017 | International News
One day after the US announced it had dispatched the USS Carl Vinson aircraft carrier group in the contested South Chine Sea on “routine” patrols, China responded in a statement by the foreign ministry, Beijing said on Tuesday that it opposed action by other countries “under the pretext of freedom of navigation” that could “threaten and damage” its sovereignty, a clear reference to US patrols in territory that China considers its own.
Read MoreFeb 21, 2017 | Business & Economy
Economics begins with the proposition that people, individually and collectively, are not able to command sufficient productive resources to satisfy unlimited consumption desires. In economics, this is called the “scarcity proposition.” The flip-side of the scarcity proposition, one that economists and others usually ignore, is that limitless consumption desires, relative to productive resources, means the number of tasks for people to do is also limitless. This means, jobs aren’t scarce! And, the introduction of robots simply increases the size of the community’s economic pie.
Read MoreFeb 20, 2017 | National News
America’s military dominance in the world has been a foregone conclusion for decades. But, according to a report released by the International Institute for Strategic Studies, that might be changing.
Read MoreFeb 20, 2017 | Uncategorized
A Sealy K9 Police Officer was injured while attending to a wreck on I-10 earlier this morning.
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