These five planning priorities can help you make a smooth transition from earning a paycheck to living off your savings. Read More
Nouriel Roubini explains why 1970s-style oil-supply disruptions no longer generate 1970s-style economic and market effects. Read More
China surprised everyone Tuesday night by acknowledging GDP growth well below 5 percent. Read More
If you make some really optimistic wild assed guesses about what AI can do, the future gets so bright even shades won't help. Read More
America’s power grid has plenty of new customers and no shortage of new ideas. What it lacks is a regulatory system capable of... Read More
Stocks, corporate bonds and venture capital are all increasingly dominated by one theme. Read More
The celebration of America’s 250 th anniversary brought back memories of the nation’s last big milestone, the bicentennial of... Read More
The federal government owes almost $40 trillion, an amount equivalent to more than $290,000 per household. This incomprehensible liability... Read More
You retired with more money than you ever had... Read More
There’s no military strength without economic strength. Since governments produce nothing, their capacity to fund militaries a little... Read More
David Ellison’s embattled bid to acquire Warner Bros. doesn’t make much financial sense. It might still be a win for the Ellison empire... Read More
As data centers spread across the country, Cedar Rapids, Iowa, approved two, one from Google and another backed by Blackstone, with a... Read More
The deficit this year is now on track to top $2 trillion. Read More
President Trump has a history of closely monitoring the market, and he owns plenty of individual stocks in his personal investment accounts Read More
The first sign of real trouble arrived two years ago, in the guise of an electric S.U.V. so new it did not yet have an official name. Fast... Read More
Gambling has become legal in nearly every U.S. state. Whether it is buying lottery tickets, loading money into video slot machines, playing... Read More
This year’s defense reauthorization bill has whipped up plenty of political drama, but one provision has attracted bipartisan... Read More
The Federal Communications Commission just concluded its first spectrum auction in more than four years. This is good for innovation and good... Read More
The bill became law even though President Donald Trump didn’t sign it Read More
Gavin Newsom has a long record of blunders, from the French Laundry to the Train to Nowhere. The latest is the Hollywood tax credit, which he... Read More
Why the debasement theory has the direction right but the speed wrong. Read More
Despite decades of panic, a new nuclear power reactor has been approved for the first time in 10 years. Read More
Assessing the world economy’s resilience Read More
To pre-empt the inevitable comment about headlines that are questions, the answer to this one is an unequivocal ‘kind of’. Read More
Reading the daily financial news is like mining gold Read More
You can hire someone to make your books look well used. Read More
They're not my personal cup of tea, but there are good reasons people like them. Read More
The dividend outlook of the S&P 500 had a mixed outcome for July 2026. Read More
Raising the full year return forecast. Read More
Not so magnificent after all. Read More
Momentum has shifted to non-US equities Read More
Energy is the best performing sector month to date. Read More
The Shiller Cyclically Adjusted Price-Earnings (CAPE) hasn't been useful for quite a while. An explanation.iller Read More
Exploring the differences in state unemployment insurance, this paper investigates how unemployment insurance solvency depends on... Read More

The federal government owes almost $40 trillion, an amount equivalent to more than $290,000 per household. This incomprehensible liability has not compelled Sens. Bernie Moreno (R-Ohio) and Elizabeth Warren (D-Mass.) to devise a serviceable plan to restrain federal spending. To the contrary, in a joint op-ed in The New York Times, they put forward a “Plan to Save Social Security,” whic... Read More
The Federal Communications Commission just concluded its first spectrum auction in more than four years. This is good for innovation and good for consumers, but Congress and the FCC should go further and fully privatize the radiofrequency spectrum. It could be the key to spurring innovation while protecting freedom of expression. The radiofrequency spectrum is the range of vibrations that makes ne... Read More