The federal Bureau of Labor Statistics has admitted to a major error in estimating U.S. employment. Was this incompetence, understaffing—or something else?
With Congress on his side, a re-elected Trump has the ideal position to put his policy agenda to work. But can he get there? The polls suggest he can.
As the Federal Reserve readies its first rate cut since the inflation spike, it joins the ECB in facing an economic slowdown with persistent, elevated inflation rates.
Who is the Kamala Harris that the Democratic Party has nominated for president? A clueless vice president, or an entrenched partisan contrived as an outsider?
Unlike Black Lives Matter, the protesters outside the Democratic Party convention are formulating a broad policy agenda. And they have already influenced the convention itself.
Like an old locomotive that won’t run anymore, the European economy is stuck and can’t get moving. The stagnation will have terrible long-term effects on the continent.
Trump-bashing and recycled Obama slogans heavily dominated second day of Democratic National Convention.
With her economic program, the Democrat presidential nominee has opened a can of communist worms. But her critics are barking up the wrong tree.
Fear not the stock market. Fear politicians who use its drama as a pretext to do stupid things to the economy.
The Federal Reserve faces market pressure to cut rates in September, while the ECB is expected to cut rates shortly before the Fed’s meeting.
In 1988, Michael Dukakis tried to save his presidential campaign by picking Lloyd Bentsen as his running mate. It failed—and Tim Walz will fail for Kamala Harris as well.
Two prominent American politicians want to get the government deeply involved in bitcoin. That does not bode well, either for bitcoin or for the government.