The question of whether President Donald Trump has turned the United States toward a new "state capitalism"—one in which the government is not just economic referee but active player—has been answered. His second…
The Federal Open Market Committee (FOMC) announced Wednesday that the Federal Reserve would lower its federal funds rate target—the interest rate that banks charge each other to borrow overnight—by 0.25 percentage points. The…
Donald Trump took the stage about an hour and a half behind schedule—the Secret Service needed time to secure the room—but the audience didn't seem to mind. The once and future president waited for Lee Greenwood's…
Everyone in Washington loves tax credits and deductions. Politicians tout them as a painless way to help families pay for green energy, buy homes, or lower the cost of health care. They're also politically irresistible:…
The popular narrative says Americans don't agree about very much in their politics these days—but recent polling shows there's at least one thing that a big, cross-partisan majority wants the government to deliver:…
Bust at an E.V. battery plant: "Immigration officials arrested nearly 500 workers, most of them South Korean citizens, at the construction site of an electric vehicle battery plant in Georgia on Thursday," reports …
President Donald Trump signed the One Big Beautiful Bill Act (OBBBA) into law on July 4. One measure buried deep in the 870-page law imposes a 1 percent tax on remittances—the money that people send to friends and relatives…
The much-vaunted Alaska Summit, wherein President Trump sat down for a face-to-face, man-to-man talk with Russian President Vladimir Putin about ending the Russo-Ukrainian War, didn't yield the results we'd…
President Donald Trump's "Make America Great Again" movement has always been more focused on vibes than policy—but if you had to boil it down to two basic economic ideas, it would be something like this: Higher…
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