The average mortgage payment on the typical new home sold in the U.S. rose above the upper limit of affordability for the typical American household in May 2026.

A lot of people seem to be realizing that knowledge work is mostly pointless. AI might give us the pleasure of finding out ...

What economists have argued for generations is now reflected in public opinion: Americans see free trade as the better ...

SpaceXAI spent $18b of capital last quarter, $16b of it on AI, a hyperscaler's budget covered 12% by operations. Equity & ...

Presently the US seems to be going bankrupt gradually, and it would seem to be only a matter of time before it goes bankrupt ...

The President of the United States was clearly frustrated. Skyrocketing gasoline prices were unacceptable. He called them ...

When government decides who pays and who is exempt, businesses rationally redirect resources from investment to lobbying and ...

There is rarely a day that passes without a news headline—such as recent reports of President Donald Trump walking back ...

Headline Index Eases to 45.1 After July's Surge; Personal Financial and Federal Policy Components Reach Highs Not Seen Since March as the Six-Month Outlook Retreats and Financial Stress Rises 3.0% Con ...

The parsimonious in Washington won’t always remain in power. Which is a weak attempt at humor, or irony. Still, let’s assume ...

Trade reports are like oceans. Much of the action happens beneath the surface. That is the lesson of the June trade report.

In the early 20th century, the 10,000-plus page Sears, Roebuck and Co. catalog served as the original all-in-one ...