One year ago, the case for tariffs rested on four pillars: they would fund the government, decouple supply chains, rebalance trade, and give America negotiating leverage. I argued, using theory ...

Last summer, the U.S. government became the largest shareholder in Intel, the flagging firm designated a national champion of the semiconductor industry by Presidents Joe Biden and ...

$39 trillion and counting Is the U.S.'s $39T (& Rising) National Debt Becoming Crisis?

Foreigners are diversifying out of US Treasuries but not necessarily the dollar.

Pushing the wealthy out of high-tax states will not balance ballooning budgets. It will only force politicians to redefine who’s “rich.”Read More... Read Full Article » ...

Six years ago Monday, a bull market began during a frightful time. No one that day could confidently know that on March 23, 2020 global stocks, down -34.0% in less than five weeks, had troughed.

I don’t think people have thought hard enough about how bad this could get. Read Full Article » ...

Over the next 75 years, the federal government faces a $79.6 trillion gap between projected noninterest spending and revenues> ...

As AI drives the marginal cost of production toward zero with an endless supply of labor, we're changing the ways we pay for work. Read Full Article » ...

I didn’t get better on his steady dose of antibiotics, the constant pain didn’t go away — while the advice to go off ...

Gasoline prices have surged since conflict broke out in the Middle East between Iran and the U.S., with the former escalating ...

AI is here…and here …for finance. But it’s not that simple. Finance has built a powerful mythology around data advantage. But ...