Economy
Note: As of the January 2026 Business Conditions Monthly (BCM) calculation, sufficient data have become available to resume publication of the three BCM diffusion...
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Economy
The Federal Open Market Committee (FOMC) held interest rates steady on Wednesday, keeping its target range at 3.5 to 3.75 percent. Chair Jerome Powell...
Economy
Adam Smith’s An Inquiry into the Nature and Causes of the Wealth of Nations is a long book. But in its first twenty pages,...
Economy
In late December, winter storms brought rain and snow that modestly improved California’s reservoirs and snowpack. Officials quickly cautioned, however, that this would not...
Economy
The United States recently emerged from the longest government shutdown in its history, one that halted operations, froze budgets, and led to 1.4 million...
Economy
The United States recently emerged from the longest government shutdown in its history, one that halted operations, froze budgets, and led to 1.4 million...
Economy
Objections to income inequality are commonplace. We hear these today from across the ideological spectrum, including, for example, from the far-left data-gatherer Thomas Piketty,...
Economy
Americans love a garage, but we don’t park cars there. We store old bikes with bent wheels, parts of beds and dressers, and a...
Economy
Every era of easy money produces its speculative mascots. In the late 1990s, it was Beanie Babies — tiny stuffed animals that cost under...
Economy
When debating raising minimum wages, proponents will often point to Australia and Finland as examples that contradict the warnings from (typically American) economists. On...
Economy
The most common cancer in America is also one of the most preventable — if people simply had access to effective sunscreen. We spend...
Economy
COVID may be on its way to being a chapter in our history books, but it’s left its fingerprints all over life as we...
Economy
The US housing market in late 2025 is defined by contradictory forces: rising prices but slowing growth, increasing inventory but falling affordability, and a...
Economy
The Trump administration is making good on its promise to shrink the bloated federal bureaucracy, starting with the Department of Education. Education Secretary Linda...
