Steve Forbes: What's Ahead

In Turkey the official inflation rate is 20% (more than three times that of the U.S.), the unofficial one is worse and worsening. But when it comes to inflation, is the U.S. becoming like Turkey? Steve Forbes on the recent inflation surges and disturbing similarities between the Central Bank of the Republic of Turkey’s and the Federal Reserve's ability to fight inflation.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Alarm bells are ringing over the potential harm caused by Omicron, a new Covid-19 variant. News of the new variant is roiling financial markets and tempting political leaders to impose restrictions, but there are a few things you need to know. Steve Forbes on the market's reaction to the recent news, the hasty moves being made and why we should wait for the facts on the new variant before reacting this time around.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

When inflation runs high, governments look for scapegoats, and, as inflation painfully rises, President Biden and his officials have directed the Federal Trade Commission to investigate rising energy costs. As gas prices soar, is a conspiracy afoot at the pump? Steve Forbes on the toxic practice surrounding the current state of inflation, and who is really to blame for the high prices at the pump.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Contrary to legend, the Pilgrims’ first Thanksgiving did not yield a bountiful harvest, but let us give thanks that the Pilgrims embraced free markets and, in success, produced prosperity. Steve Forbes on the lessons to be learned from the Pilgrim’s Plymouth Colony economy and the relevance of these lessons to the Biden Administration’s current push for a new socialism.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Markets are applauding President Biden's reappointment of Jerome Powell to head the Federal Reserve, but don’t break out the champagne yet. Steve Forbes on the Fed’s money-printing gimmicks that started well before COVID-19 and on why more inflation will likely be coming in 2022 and 2023.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The Biden Administration is examining the future of U.S. policy on the use of nuclear weapons, a so-called nuclear posture review. Unfortunately, this move could end up in a blunder far worse than the debacle in Afghanistan. Steve Forbes on what Biden’s possible change in nuclear weapons policy says to allies and on whether or not such a move will signal U.S. weakness.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The Biden Administration says it wants less cigarette smoking, but its approach is perverse, and the president's new nominee to head the FDA will only magnify this counterproductive approach. From a ban on menthol cigarettes to doubling the federal cigarette tax, Steve Forbes on the ghastly public health mistakes the FDA is making.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Russian strongman Vladimir Putin desires to dominate Europe, and his efforts to undermine NATO won't end well for anyone. Steve Forbes on the U.S.’ response to Putin's anti-American maneuvers and on how his dangerous moves in Europe will ultimately pose a real threat to U.S. security.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The Federal Reserve has announced a gradual reduction in its monthly bond-buying program, and what’s the plan? To reduce purchases by $15 billion a month, from the current level of $120 billion, to zero by next June. Investors should take note: The Fed’s tapering has begun! Steve Fobes on how the Fed has portrayed this so-called tapering and on what investors should watch for as disrupted supply chains and labor shortages linger into next year.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

​The Biden Justice Department has filed an antitrust suit to block a proposed merger between two book publishers, which is a destructive move. Are Biden antitrusters really worried about books? Steve Forbes on the details behind Biden's antitrust suit actions to block Penguin Random House from buying Simon & Schuster and on why the Administration's move is really about power, not opportunity and prosperity.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Last September President Biden issued an executive order that would force workers in private-sector companies with 100 or more employees to get vaccinated or be tested weekly and to wear face masks, a mandate recently blocked by the Fifth Circuit Court of Appeals. Are vaccine mandates unconstitutional? Steve Forbes on the temporary blocking of Biden’s vaccine mandate and on why politics, not public health, is the dominating factor here.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Major League Baseball knows it has a big problem attracting younger fans and keeping many older ones engaged. One telltale sign: Television viewership of the World Series has plummeted 80% since the 1970s. Was last year’s the worst World Series ratings of all time? Steve Forbes on two big, game-changing steps the MLB should take that would be grand slams with baseball fans!Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Clogged ports, serious supply-chain challenges, higher prices and widespread shortages are being painfully felt across the U.S. We need an “Operation Warp Speed” approach to fix the chaos at hand. Steve Forbes on the real reason for the major port backup and on how one mega tweet from Ryan Peterson, CEO of the fast-growing, freight-forwarding outfit Flexport, has already accomplished a minor miracle.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Restoring the SALT deduction would blow a hole in the anticipated revenues from tax increases in Biden’s big spending bill, but is there a better solution? Steve Forbes on why a flat tax should be considered but why it’s a solution Washington Democrats will foolishly resist. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

To help finance President Biden’s proposed spending binges, congressional Democrats are pushing a bill called the Tobacco Tax Equity Act. This proposed tax law would not only raise tobacco taxes but also result in a chain reaction of undesirable scenarios. Steve Forbes on Biden’s tobacco-tax-hike scheme and why this proposed legislation is a big mistake.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

Despite happy talk from the Federal Reserve earlier this year, pricing pressures are worsening, shortages are growing more acute, voters are angry and President Biden’s approval rating is plummeting. But are these higher prices and product shortages a result of bad policies? Steve Forbes on the economic problems at hand and on what should be considered to course-correct the direction in which we are headed.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The Biden Administration’s tax addicts just got their wish as 136 nations agreed to a new international tax deal that’s nothing but bad news for U.S. taxpayers. Steve Forbes on the reality behind this stealth-tax-increase move and on who would be hit the hardest by it.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

News from the Pacific region is disturbing as China successfully tested a hypersonic missile that can carry nuclear weapons. What does this mean for Taiwan and for the U.S.? Steve Forbes on how the U.S. should respond to China’s supersonic missile test and why it should be made clear that we are not merely going to stand by if Taiwan is attacked.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The Office of Comptroller of the Currency isn’t well known to the public, but this is an immensely powerful regulator supervising 1,200 financial institutions. The Biden Administration’s recent nominee to head up such a powerful financial regulatory role is astonishing. Steve Forbes on Biden’s radical nomination for the primary bank regulator in the U.S., Saule Omarova, and what you need to know about her. Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.

The White House and congressional Democratic leaders are pushing a chilling proposal that would destroy all vestiges of your financial privacy. Watch out! Steve Forbes on the IRS’ plans to monitor and track every bank account and on why, if this assault is not stopped immediately, everyone will be a target.Steve Forbes shares his What’s Ahead Spotlights each Tuesday, Thursday and Friday.