The middle class is getting smaller by some accounts, and it’s getting harder for some of its members to make ends meet. Read More
Anthony L. Fisher: The economy and millions of retirement accounts are tied to the fortunes of an unstable, race-baiting conspiracy theorist. Read More
Last year, Leopold Aschenbrenner, a man barely of legal drinking age with a fondness for Rubik’s Cubes, crisscrossed the nation to... Read More
This essay by FEE’s President Emeritus is drawn largely from his forthcoming book, Born of Ideas: How Principles, Faith, and Courage Forged... Read More
A process designed to overcome political obstacles to deficit reduction is now helping Congress avoid the reforms that matter most. Read More
California’s minimum wage is rising to $17.40 per hour, starting next January 1. It’s an automatic increase, though Gavin Newsom is... Read More
Though he’s still using words more than deeds, it’s encouraging that Federal Reserve Chairman Kevin Warsh is going out of his way... Read More
Last Saturday, I strolled over to the St. Stephen's Farmers Market. I never buy anything. I eat all my meals out, but it's usually a good... Read More
Six weeks ago SpaceX peaked at $225. Today it trades near $110. Read More
Four questions to ask before every major financial decision, from selling a business to taking Social Security, according to a wealth... Read More
The people running corporate health benefits have spent more time thinking about prescription drugs in the past two years than in the prior... Read More
The latest ISM manufacturing report delivers a simple message: America’s factory floor is continuing its robust tariff- and tax... Read More
Neither will be right until they acknowledge that you can’t fix government intervention. Read More
Chip stocks shed a trillion dollars in a single week at the end of July. Nvidia dropped almost five percent in one session. The trigger was... Read More
If you believe in karma or that chickens always come home to roost, you have to explain why Mao and Stalin died in bed, and Hitler was able... Read More
The possibility that Social Security will run low on funds by 2033 if Congress does not act to prevent it may be the “elephant in the... Read More
The celebrated crystal ball of the “Nostradamus of AI” hasn’t merely gone cloudy — it has rolled off the table and shattered on the... Read More
On July 12th,, European Commission President Ursula von der Leyen issued a statement calling for a European Union (EU) wide identity... Read More
It’s not a recession, at least for now. But the president has delivered the Meh Economy. Read More
The Trump administration is levying a fresh 50 percent tariff on most goods coming across the border from Canada. Generic drugs could face an... Read More
The public mood in New York City sharply changed when the Mamdani administration took one large and foolish step. Read More
What have Democrats learned from this season of primaries so far? “Their voters are so much angrier than I think they realized,”... Read More
To hear the financial commentariat tell it, Kevin Warsh’s decision to strip forward guidance from the FOMC statement is nothing short... Read More
Citi certainly thinks so Read More
A brief recap of the past dozen years in bubbles. Read More
It’s the greatest wealth-building machine ever created. Read More
Situational Awareness, led by a 24-year-old, exploded onto the artificial intelligence scene — and then nose-dived. Read More
Why it's so hard to value companies. Read More
Republicans and Democrats want an affordability policy. I have a suggestion. Read More
Headline Q2 US GDP growth decelerated to 1.5% annualized from Q1’s upwardly revised 2.1%, but that doesn’t tell the story.[i]... Read More
Analysis of actual Claude usage data shows workers in AI-exposed occupations are experiencing slower wage growth, while employment levels in... Read More
Despite the prospect of higher interest rates, REITs are having their best run in years. Read More
CDS spreads have started to widen out for names in AI, and the market is asking three fundamental questions: Read More
Cheap stocks have not performed well, but the core idea is still sound. Read More

The possibility that Social Security will run low on funds by 2033 if Congress does not act to prevent it may be the “elephant in the room” (“I will definitely claim Social Security early. Why do so few people talk about the elephant in the room?”). But no one is talking about the “mouse in the room.” ... Read More
Chip stocks shed a trillion dollars in a single week at the end of July. Nvidia dropped almost five percent in one session. The trigger was not a collapse in demand. Alphabet supplied it: the company beat on revenue, grew its cloud business 82 percent, and then raised its capex for the third time this year, to as much as $205 billion. Investors sold anyway. That reaction is the story. The dominant... Read More