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The oil market struggled in Q3 as prices continued to soften under mounting supply pressure. Following moderate gains in H1, prices contracted through Q3,...
The S&P 500 ($SPX) just logged its fifth straight trading box breakout, which means that, of the five trading ranges the index has experienced since...
Senate Republicans confirmed a staggering tranche of President Donald Trump’s nominees on Tuesday as the government shutdown continues. Lawmakers voted along party lines to...
Adam N. Michel I recently testified before the Senate Finance Committee on the importance of personal savings and how poorly designed tax systems and...
Jeffrey Miron The state of New York legalized recreational marijuana in 2021. Recent estimates, however, count 2,000 unlicensed vendors and only 100 licensed ones. ...
Justin Logan Fiscal hawk Brian Riedl, a senior fellow at the Manhattan Institute, has an article in The Bulwark titled “In Defense of Defense Spending.”...
David Inserra Jack Dorsey, the founder and prior leader of Twitter, now X, had a remarkable conversation on how social media companies face massive pressure...
Jennifer Huddleston and Jack Solowey On May 15, a bipartisan group of senators led by Majority Leader Chuck Schumer (D‑NY) released a long‐awaited roadmap for artificial...
Chris Edwards State and local subsidies and narrow tax breaks for businesses are growing. These benefits—called incentives—include grants, loans, tax credits, and tax exemptions...
Jeffrey Miron and Jacob Winter Standard economic reasoning suggests that prohibitions reduce the production and consumption of the outlawed good or activity. Penalties for...
Walter Olson In a pair of cases decided within weeks of each other in 2022, federal judges ruled that private schools’ tax‐exempt status under section...