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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...
Free-market capitalism still delivers the goods. But its political coalition is fracturing — and that should worry anyone who cares about prosperity and freedom....
Note: As of January 31, 2025, data for four of the 24 components of the Business Conditions Monthly indicators have not yet been published....
It used to be said that the sun never set on the British Empire, so far-flung were its possessions. Britain has long since retreated...
The Atlantic recently ran a story headlined “He Was Homeschooled for Years, and Fell So Far Behind.” It profiles Stefan Merrill Block, who was...
Introduction Throughout American history, the federal government has played a role in state and local policy. The Congressional Research Service (CRS) breaks down the...
“Without tariffs,” the President said on his affordability tour in Georgia, “everybody would be bankrupt, the whole country would be bankrupt.” In court, the...
Conversations around artificial intelligence have dominated the news cycle and culture at large for the better part of three years, with concerns becoming amplified...
Markets have long been accused of lacking morality. On February 10, the Vatican decided to supply one. The Institute for the Works of Religion...
New York City’s new mayor Zohran Mamdani made housing affordability a big part of his campaign. On his first day in office, he signed...
Kevin Hassett’s recent call to “discipline” Federal Reserve researchers over a New York Fed study on tariffs is not just a political swipe. It...