The economy of the Philippines wobbles

Marching rations FOR DECADES economists wondered why the Philippines was doing so badly compared with its less gifted, more tigerish neighbours. In recent years, they have wondered how it was doing so well. The economy has grown briskly, without intolerable inflation or too much borrowing from abroad. And it has done so despite stagnant investment, […]

GM: Current Fuel Economy Rules ‘Not Technologically Feasible’

General Motors appeared to endorse the Trump administration’s fuel economy rollback, at least to some degree. In a federal filing made public on Monday, the largest U.S. automaker said Obama-era rules that targeted fleetwide fuel efficiency in excess of 50 miles per gallon by 2025 were “not technologically feasible or economically practicable.” Interesting, considering GM CEO […]

GM wants alternative to fuel economy standards from Obama, rollback from Trump

Here’s an official Bolt press picture from Chevy. On Friday, General Motors wrote to the Trump Administration in support of a national zero-emissions vehicle (ZEV) program, which would require seven percent of automakers’ sales to be zero-emissions by 2021. That percentage would increase by two percent per year until reaching 25 percent in 2030. The […]

US economy about to collapse, taking down dollar & American standard of living – Peter Schiff

Tuesday’s US stock plunge following a massive selloff on global markets is seen by some analysts as a sign of more bad things to come. RT talked to veteran stock broker Peter Schiff to explore the issue in depth. After the dramatic early drop, US stocks recovered but finished lower after a wild day on […]

OBAMA: ‘There’s a pattern’ of Republicans running the economy ‘into the ground’ and Democrats having to ‘come back and clean things up’

Pablo Martinez Monsivais/AP Former President Barack Obama pushed back on Republicans attempts to take credit for recent economic strength during a speech Monday. “So when you hear all this talk about economic miracles right now, remember who started it,” Obama said. Obama also made the argument that Democrats in general are forced to “clean up” […]

The Best and Worst Seats on the World’s Longest Flight: Singapore Airlines A350-900ULR Premium Economy

Best and Worst Seats in Premium Economy on Singapore’s A350-900ULR Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site does […]

Time Travel: Delta (767) in Economy From Honolulu to Salt Lake City

Review: Delta (767) in Economy From Honolulu to Salt Lake City Advertiser Disclosure The credit card offers that appear on the website are from credit card companies from which ThePointsGuy.com receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). This site […]

Trump’s unusual Fed bashing raises the stakes of a policy blunder that damages the economy

Jacquelyn Martin/AP President Donald Trump is blaming the Federal Reserve for the stock market’s sell-off.  While it’s unusual for the US president to publicly bash the Fed, many investors agree that fears of higher interest rates are partly responsible for the volatility.  By pitting himself against the Fed, Trump is raising the stakes of a […]