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The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5 to 3.75 percent. Markets...
Last month, we lamented California’s Frontier AI Act of 2025. The Act favors compliance over risk management, while shielding bureaucrats and lawmakers from responsibility....
President Trump’s detractors and defenders alike have cast his federal foray into local law enforcement as a revival of “broken windows” policing. But while...
In a recent analysis gone viral, financial blogger Michael W. Green traced how modern American families can earn anywhere from $40,000 to $100,000 and...
In most sectors of the American economy, we celebrate the moment when insiders break away to build something better. Engineers start their own firms....
The longest federal shutdown in US history has created deep gaps in the flow of economic data, preventing calculation of the Business Conditions Monthly...
The 2025 Thanksgiving season arrives with an unwelcome development: after last year’s brief and much-needed period of easing in several Thanksgiving staples, prices have...
Can regulation work when a market changes faster than a case can be litigated? The Justice Department filed its antitrust case against Google in...
Introduction The gold standard was a monetary system that defined a unit of a nation’s currency as a fixed weight of gold and made...
On Capitol Hill this week, five Democratic senators accused the Trump administration of “sweetheart deals with Big Tech” that have “driven up power bills...
Recent movements in short-term loan markets are a timely reminder of a forgotten truth: The Federal Reserve is not the master of credit conditions....
Central planners just can’t help themselves. They feel obligated to solve the world’s problems. Consider this year’s Orwellianly-named “Conference of the Parties” (COP-30), the...
Do you sell cupcakes, run a home photography studio, or tutor kids in your living room? If so, you might be breaking the law....