Daddy, that’s not fair.” The late, great P.J. O’Rourke used to joke about one of his young daughters pulling out the “fair” card, only for the satirist to respond ...

The $300 billion question is whether Congress will admit that nothing the government does is free, and that the bill always ...

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

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

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

$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> ...