Investing

Norbert Michel and Jai Kedia As the war with Iran draws on, the Trump administration’s hopes for lower interest rates seem to be fading fast. If history is any guide,…

Jeffrey Miron In 2024, Seattle tried to raise wages for app-based workers by requiring that they receive a per-task minimum pay. By comparing earnings for Seattle workers before and after…

Dominik Lett As the Department of Homeland Security (DHS) shutdown extends past 40 days, an uncomfortable irony is playing out in Washington. Democrats are withholding funding to demand greater oversight of…

Chris Edwards Funding for the Transportation Security Agency (TSA) has lapsed, and airport screeners across the country are not being paid. Some are staying home, which is generating long security…

Stephen Slivinski Certificate of need (CON) laws accomplish exactly what they were created to do. That’s actually a big problem, especially for rural areas. Under these laws—over 30 states have…

Walter Olson I’ve written more than once about why the proposed SAVE America Act merits skepticism even if, like me, you’re fine with its basic objectives of requiring a show…

Solveig Singleton and Ryan Chan-Wei Merchants pay swipe fees to credit card networks (also called “interchange fees”) each time a consumer uses a card. The Credit Card Competition Act (CCCA),…

Jai Kedia The Federal Reserve held rates steady at its March meeting, keeping the target for the federal funds rate at 3.5 to 3.75 percent. It was an unsurprising decision, but…

Norbert Michel In Washington, there’s no shortage of bad policy ideas that just won’t die. The latest example is the “Deadpool-esque” quest to lift the cap for Federal Deposit Insurance…

Romina Boccia Each year, the Treasury Department quietly publishes the Financial Report of the United States Government, a comprehensive assessment of America’s long-term financial trajectory. Unlike the Congressional Budget Office,…