President Donald Trump is asking Congress to suspend the federal gas tax until the Iran war is over. Read More
When measures like CPI and GDP become policy targets, they also become sources of confusion for both experts and the public. Read More
See the CTUP chart. Read More
This month, U.K.-based workers at Google DeepMind, the company’s artificial intelligence research laboratory, decided to unionize. One... Read More
In America’s farm country, springtime is carpeting croplands in green as far as the eye can see. These are challenging times for... Read More
According to researchers at Carnegie Mellon University analyzing Seattle’s law in a National Bureau of Economic Research study, the average... Read More
A MAGA coalition drafted a letter laying out dire concerns about AI’s rise. But the group’s proposed solution is to hand more power to... Read More
Abigail Spanberger rates endless scorn for her newly passed “Family Leave Act.” It is feel-goodism on steroids. An employee gets... Read More
Fannie and Freddie are part of the government and need to be included in its consolidated financial statements. Read More
Mitch Daniels looks in the mirror through words written on a page. See his latest Washington Post op-ed, and his comment that “No... Read More
Baseball teams are purely corporate entities now, but their owners used to have a major impact on the teams’ looks and management styles. Read More
Let’s stop pretending. Maine’s new tax on millionaires is being sold as a narrow measure aimed only at the wealthy.... Read More
Rep. Ro Khanna: Trump promised to lower costs, bring back American manufacturing and end overseas wars. But the reality is that Trump has no... Read More
In 1982, Harvard Professor Seymour Martin Lipset used his presidential address to the American Political Science Association to crow about... Read More
I probably shouldn’t say this, but what the heck: Much, if not most, behavioral finance research is boring. Long studies written in... Read More
“You pay a very high price in the stock market for a cheery consensus.” — Warren Buffett The inflation figures released last week were... Read More
$5 trillion company trading at an all-time high can be cheap. It’s an opportunity for investors to earn 50% while the company’s... Read More
The M&A market entered 2026 with force that didn't build gradually, it released. Global volume hit $1.22 trillion in Q1, a 26% surge over... Read More
My warning to you: pay attention before it is too late. Read More
Congress is finally moving on housing. President Trump is pushing for the 21st Century ROAD to Housing Act, the Senate passed its version... Read More
Basic economic principles point to the solution for the housing affordability crisis. Read More
Plus, why bonds are selling off, and what to watch when Nvidia reports. Read More
The client-server model was built for human-scale consumption. That isn't how AI will work. Read More
Valuations paint a clear picture of an industry where consensus has passed from optimism to mania. Read More
It’s not even a feature. It’s just technology. Read More
China may not be Japan but its real estate bust looks mighty familiar. Read More
I admit, I am ambivalent about bribery. Read More
Often the best hope for central bankers is to minimize mistakes and stay humble. Read More
The Treasury market has already decided that tighter monetary policy is necessary. Read More
What began as an equity market phenomenon has become a capital markets-wide transformation. Read More
Stocks are cheaper, their prices are higher. Read More
For lots of reasons rates will stay higher for longer. Read More
There is a big difference between betting on something and investing in meritorious companies with long holding periods. Read More

Senator Elizabeth Warren has never seen a private financial institution she didn't want to seize control of, and her latest obsession is with private credit, the burgeoning sector of non-bank lenders that increasingly finance small and medium-sized businesses. In her May 13, 2026 letter to Treasury Secretary Scott Bessent and SEC Chairman Paul Atkins, the Massachusetts socialist warns hyster... Read More
Let’s stop pretending. Maine’s new tax on millionaires is being sold as a narrow measure aimed only at the wealthy. Signed into law by Governor Janet Mills, the policy imposes a 2% surcharge on income over $1 million, effective January 1, 2026. California also has proposed a ballot initiative taxing billionaires a one-time 5% tax to ... Read More