This week, we got a smorgasbord of jobs data — JOLTS, ADP, weekly jobless claims, and the nonfarm payrolls (NFP). Friday’s NFP, the big one the market was waiting for,…
Category:
Editor’s Pick
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Dan Greenberg Court of International Trade. Nearly 150 years ago, as the nation’s Civil War dragged on, President Lincoln grew increasingly frustrated with the Union Army’s generals. Lincoln viewed America’s military…
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Jeffrey A. Singer In a May 30 article for the Wall Street Journal, Steven Malanga from the Manhattan Institute rightly criticized certain states that have legalized recreational marijuana for using…
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Chris Edwards The Republican reconciliation bill would trim Medicaid and the Supplemental Nutrition Assistance Program (SNAP). These are shared federal-state programs, with the federal government currently paying 69 percent of…
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Michael F. Cannon President Trump and Senate Republicans will consider measures to eliminate waste, fraud, and abuse in Medicare. Along with Medicaid, Medicare is the primary contributor to our federal…
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David J. Bier The House of Representatives recently passed its budget reconciliation spending bill, the One Big Beautiful Bill Act (H.R. 1). The bill changes numerous aspects of tax and…
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Mike Fox May 28 started like any other day but ended with a profound triumph for my Cato colleagues and me. As Cato’s President Peter Goettler said, “Sometimes it’s the constancy…
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All of our major indices continue to rally off the April 7th, cyclical bear market low. A couple, however, have broken out of key bullish continuation patterns that measure to…
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Silver just hit a 13-year high, breaking above a key resistance level that could ignite a major bull run. Some metals analysts now say a rally to $40 isn’t a…
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Colleen Hroncich Should the Department of Education be shut down? Normally, I’m an easy yes on that question for several reasons: the federal government has no constitutional role in education;…