As a group, these stocks wiped out an estimated $217.2 billion in shareholder wealth over the past 10 years.

America will win the race to superintelligence unless we defeat ourselves. Unfortunately, there is a scenario where that happens — and as a policy matter, it’s already under consideration.

Japan can watch debt-service costs consume its budget, or suppress rates and risk inflation. Decades of borrowing have eliminated the easy options. Read Full Article » ...

One day after July’s CPI report told the Fed hawks to stand down, today’s Producer Price Index delivered the same broad message from upstream in the economy. Final demand producer prices were flat in ...

U.S. retirees plan to work until they die. Which is a very happy story about the evolution of retirement. The previous truths are seemingly lost on policy writer John Mac Ghlionn. Writing recently at ...

Elon Musk--the world’s first trillionaire--has a dizzying array of businesses. For instance, Tesla is the most valuable car ...

The effects of the Trump administration’s 2025 tariffs are still being passed on to consumers, while new levies will add to the overall tariff rate.

For months, the economic commentariat has been waiting for President Trump’s tariffs to ignite a new inflation fire. The script was already written: tariffs would raise consumer prices, the Fede ...

When I chaired the Senate Appropriations Subcommittee on Agriculture, I spent a lot of time listening to farmers. The concern ...

Elon Musk has made one of the boldest economic predictions of the artificial-intelligence age: by 2036, money may no longer ...

Let’s compare the “affordability” issue under Biden and Trump. We just updated the trend under both presidents. Under Biden ...

Last year’s bankruptcy of American auto parts maker First Brands Group (FBG) was a major news story in Cleveland, where the company was headquartered and where its loss dealt a heavy economic bl ...