Wall Street is thinking too small. As usual. Read More
California needs to build single-family homes. The state has plenty of space but an aging infrastructure that won’t be made any better by... Read More
Consumer confidence is in the tank, and yet the latest data shows consumer spending is as high as ever. Read More
Here it is. A big jump. Read More
The tool has debuted at several airports in the Washington, D.C., area Read More
“Looks like by April, you know, in theory, when it gets a little warmer, it miraculously goes away.” That’s what President... Read More
News that the U.S. national debt has reached $40 trillion has produced the usual chest-thumping angst over what to do about it. Reduce... Read More
Of course he is. Read More
No "endgame" in sight, says JPMorgan, as gas prices keep soaring Read More
Attempting a distinction without a difference, socialists now claim one without historical antecedent. Historically, socialism and... Read More
Marx has been described by his boosters as the father of 'scientific socialism.' He's not the only fraud whose allies claim the mantle of... Read More
It was a technology so powerful that its creators believed it could bring about either a golden age of human flourishing or the end of the... Read More
Nvidia’s share price is up 1,681% since October of 2020. The timing is notable because it was also in October of 2020 that the... Read More
The Nasdaq Composite Index’s rapid rally to record highs may scare off some new investors who would prefer to wait for a pullback to... Read More
Warren Buffett’s move to step down Friday as Berkshire Hathaway’s chairman ends an extraordinary run that began when he took... Read More
SEC accredited-investor rules conflate wealth with sophistication, locking everyday people out of high-return private markets. Read More
At 3:17 p.m., the line outside the school office grows, and the clock punishes every parent stuck in traffic or on a late train. A child... Read More
The OECD, an organization of the developed countries of the world, has released a detailed report on corporate taxes in 146 countries around... Read More
The deciding factor in California Attorney General Rob Bonta’s decision to settle with Paramount and allow its purchase of WBD with minor... Read More
Wisconsin faced a staggering budget shortfall in 2011. The state had raised taxes in previous years and was still coming up short. The new... Read More
In the second week of September, 30-year municipal bond yields reached their highest level since February 2011. The 30-year Treasury rose to... Read More
Hedge fund prophet Mark Spitznagel, the ultimate black swan investor, is feeling surprisingly bullish these days, expecting one last euphoric... Read More
The US used to plan well for war and poorly for peace. Now we can't to either. Read More
The long-promised personal AI assistant is finally arriving, with a suddenly crowded field of agents offering to run pieces of your everyday... Read More
When tech stocks zig, half the market zags. Read More
Good thing it is being re-priced. Read More
A rise in price is not the same thing as a bubble. Read More
Despite how it might seem, a ban on diesel exports would likely worsen an already bad situation by driving diesel prices higher. Read More
The ADRs of these wide-moat companies are attractive buys today. Read More
After a decade of reaching for yield in a zero-rate world, investors no longer have to take outsized risk to generate income. Subscribe for... Read More
GameStop showed that being right on fundamentals may not be enough when retail flows alter the price path. Read More
There are two themes dominating our investor conversations: the impact of AI and the rise in interest rates. The two issues are linked as... Read More
The CME Group's S&P 500 dividend futures for the quarter dropped to $20.65 per share as higher dividends that previously had been... Read More
The dot plot shows that the median member doesn't think rate hikes will be needed beyond this year. Read More

Illinois carries roughly $251 billion in unfunded state pension liabilities and a 42.9% aggregate funded ratio, per the State Actuary's December 2025 report. On August 26, 2026, Moody's upgraded the state's issuer rating to A1 from A2. A week later, S&P raised Illinois general obligation bonds to A from A-minus. Both agencies said, in the same rationale documents, that Illinois pensions remain... Read More
In the second week of September, 30-year municipal bond yields reached their highest level since February 2011. The 30-year Treasury rose to 5.37 percent, a level last seen in 2007, and the 10-year to 4.97 percent, its highest since 2023. For investors, these are attractive yields. But for local governments issuing debt in this market, they represent a substantial and durable increase in the cost ... Read More