Chevron’s warning to Gavin Newsom and the California Air Resources Board (CARB) must be taken seriously. Read More
It was not that long ago that Sam Altman’s OpenAI appeared to be enjoying a comfortable lead in the corporate race to bring artificial... Read More
Programmers may be replaced by their machines, but we'll still need people to build the data centres and produce the energy to run them Read More
The most important lessons of an economic way of thinking haven't changed much in 40 years. But the students have. Read More
He issued two key moral prescriptions that changed Western civilization. Read More
Alexander Kustov’s new book argues that people are more likely to support policies that demonstrably benefit them and their fellow... Read More
Recently, a letter signed by former House Speaker Newt Gingrich, Americans for Tax Reform President Grover... Read More
The more the president insists the economy is amazing, the more we’re confronted with evidence to the contrary. Read More
A politician who has built nothing wants to tear down what others have achieved. Read More
The push to shrink the Federal Reserve’s balance sheet assumes that reducing reserves tightens monetary policy. In today’s operating... Read More
There’s production and nothing else, with government spending, government borrowing, money in circulation, and interest rate levels an... Read More
Cryptocurrencies were designed to be a hedge against the U.S. dollar, which crypto creators viewed as an unreliable currency. Yet one of the... Read More
Insiders close to the Wall Street giant say the real culprit can be summed up in two letters: “A” and “I.” Read More
The semi-annual time change that happens every spring and fall provides safety reminders for smoke detector batteries and creates a national... Read More
Five years ago in another publication I asked a simple, uncomfortable question about the Project Artemis moon program: Why? At... Read More
America's coal output has been falling for decades, and a turnaround isn't in the cards. Read More
Experts have mixed opinions on the phenomenon’s staying power Read More
America stands at an inflection point for infrastructure investment. The systems that move goods, power homes, and connect... Read More
The Trump administration has given the U.S. economy a powerful boost through an ambitious and disciplined deregulatory agenda. According to a... Read More
Most discussions of financial stability focus on prices, valuations, and economic indicators. Yet far less attention is paid to a more basic... Read More
The February payroll report was an ugly one, and a bit of a mess. Read More
We could use a little more panic right now. Read More
Railroad stocks still outperformed despite the bubble Read More
Some thoughts on what's going on in private markets. Read More
A growing number of prominent Trump allies - including former House speaker Newt Gingrich, veteran strategist Kellyanne Conway and GOP... Read More
Luxury timepieces are one of the most effective mediums to move illicit funds around the globe and a tool to integrate those ill-gotten gains... Read More
They work together to contain it before it spreads. Read More
The surge in new US business formation is being fueled by AI and large language models that are dramatically reducing... Read More
AI technology is transformative and here to stay. But the inflated financial architecture supporting it may be unsustainable. Read More
Long-term care needs are one of the most common and financially significant risks in retirement. Read More
When war breaks out, micro issues have a way of quickly becoming macro issues. Specific blockages and bottlenecks tend to cause broad supply... Read More
As with the recent escalation in the Middle East, financial markets are constantly exposed to unpredictable events — from geopolitical... Read More

Long-term care needs are one of the most common and financially significant risks in retirement. ... Read More
Most discussions of financial stability focus on prices, valuations, and economic indicators. Yet far less attention is paid to a more basic question: what do investors legally own when they buy stocks and funds through a brokerage account? The answer is not what most investors assume. Over the past several decades, deliberate changes to securities law and market infrastructure quietly redefined o... Read More