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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...
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,...
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...
Millions of Americans are channeling the classic Eagles tune Hotel California in their experience with student loan debt: “you can check out any time...
What are zoning laws, how do they work, and what are their economic effects? This explainer is intended to be a guide to the...
Every few years, the century bond returns — not exactly with a bang, but with a new, shiny calculation involved. As reported by the...
On Friday, the Supreme Court issued its 6-3 opinion in the Learning Resources, Inc. v. Trump, and if you’ve spent any time reading or...
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
While framed as a book about economic development theory and the history of colonialism, William Easterly’s latest tome is actually something grander and more...
On July 8, 2024, a guest essay by Stephen Smith on elevator policy was published in The New York Times. Though this may seem...
On February 11, the Congressional Budget Office (CBO) published its annual Budget and Economic Outlook report, covering 2026 to 2036. Among the projections, the...
What US industry is the most subsidized and regulated by the federal government? If you answered nuclear power, you are correct. As a result,...
January saw Americans grow markedly more pessimistic about the economy. The Conference Board reported that its Consumer Confidence Index fell almost ten points in...