The Trade Court Tells Trump He Can’t Use Emergency Powers to Impose Tariffs The Court of International Trade (CIT) on Wednesday issued a ruling in V.O.S. Selections v. United States ...
Legacy Fannie and Freddie Shareholders Might Get Wiped Out President Donald Trump said Tuesday night that he is “working on TAKING THESE AMAZING COMPANIES PUBLIC,” referring to Fannie Mae and ...
When the Buyers Retire: The Demographic Collapse of the Bond Market At 4.44 percent, the 10-year Treasury yield isn’t exactly flashing red. It’s back where it started the year—below the ...
How Trump’s 50% Threat Might Be the Kick Europe Needs Treasury Secretary Scott Bessent said in an interview with Bloomberg TV on Friday that Europe has a “collective action” problem ...
Working Longer Won’t Save Social Security Moody’s finally joined the club of fiscal doom, joining the other major ratings agencies in signaling what many of us already knew: the United ...
Tarifflation Keeps Refusing to Happen If the tarifflation alarmists were right, we should have seen the proof by now. April’s inflation reports were supposed to show the U.S. consumers were ...
Trump’s Drug Price Order Strikes at the Heart of Foreign Free-Riding For decades, American consumers have been paying the world’s highest drug prices—not because we use more medicine, or demand ...
A Ceasefire in the Trade War After a weekend of high-level negotiations in Geneva, the United States and China agreed to a dramatic temporary rollback of tariffs. Both sides will ...
What Happens When the Tax Man Cometh for the Pope? With the election of Cardinal Robert F. Prevost of Chicago as Pope Leo XIV, America has its first-ever Pontiff—and a ...
Global Demand for Dollars Doesn’t Turn on Rates In our previous column, we explained why the claim that tax cuts necessarily lead to higher interest rates—and thus trade deficits—is far ...
