economy
California’s $20 Fast-Food Minimum Wage Costs Jobs
First came the farfetched “Fight for $15.” Now, California has made a $20 minimum wage a reality, at…
Existing-Home Sales Crack Under Pressure From High…
Sales of previously owned homes declined more than expected in June, as elevated mortgage rates…
No, Brad Lander Is Not a Good Comptroller
So many surprising and absurd stories have come out of the 2025 New York City mayoral election that…
Corporate Power Isn’t to Blame for High Grocery Prices
A growing segment of America’s intelligentsia believes that nearly every national problem stems from…
Sanctioning Russian Oil ‘Biggest Pressure You Can…
On Tuesday’s broadcast of the Fox News Channel’s “Special Report,” Energy Secretary Chris Wright…
Trump Announces Trade Deal with Japan, 15% Tariff,…
President Donald Trump announced that his administration had “completed a massive” trade deal with…
Why Economists Keep Getting Tariffs Wrong
The Push and Pull of Tariffs on American Households One reason economists continue to be surprised…
U.S. Strikes Trade Deals With Philippines, Indonesia as…
President Donald Trump on Tuesday announced two new trade agreements with the Philippines and…
General Motors’ Profits Drop 35 Percent as CEO…
General Motors (GM) has experienced a dive in profits, the news coming as its leadership continues…
El-Erian Calls On Powell To Resign To Protect Fed
Federal Reserve chairman Jerome Powell should step down in order to protect Fed independence,…
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