A 50-Year Mortgage Won't Make Homes Affordable
Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders won’t fix the supply crunch.
Ultra-long mortgages create the illusion of affordability but lock borrowers into decades of extra interest because leaders won’t fix the supply crunch.
Plus: Tariff rollbacks and the affordability debate, Trump considers direct talks with Maduro as unauthorized strikes continue, and a listener asks what it would take to move healthcare out of government hands
The California congressman insists he's no Luddite, but his policy proposal suggests otherwise.
Trump's decision to reduce the tariffs on Swiss goods came just days after a Swiss delegation lavished the president with a variety of expensive gifts.
A Northwestern University clinical study found that generative AI sped up radiology documentation by 15.5 percent.
A new bipartisan bill aims to protect franchisors from punishment for their franchisees’ actions, signaling rare unity on economic freedom.
Punitive levies drive black markets, fuel criminal enterprises, and—perhaps counterintuitively—help people evade the tax man.
The accuracy and reliability of BLS data on inflation and jobs will depend on what the Trump administration does with it.
If lowering tariffs makes things cheaper, why stop at coffee?
Neither side, however, has a good plan to bring down prices.
Socializing risk to subsidize demand isn't a solution to the housing crisis, but it is a good start to another financial crisis.
The Commerce Department’s new antidumping duties could double the cost of imported Italian pasta—hurting consumers more than producers.
To support chipmaker Intel, the president used our money to buy 433 million shares of Intel stock. That's not a free market.
Trump is living in a fiscal fantasy land.
For the justices, the question is just how much deference the president deserves.
There are several reasons why beef prices are at a record high. Collusion isn't one of them.
The president says the affordability crisis is over, but he's also promising huge government checks. And he doesn't know how much gas costs.
You can’t legislate your way to prosperity.
Donald Trump’s new stock-buying strategy isn’t socialism, but it is a step toward a government-controlled economy.
During oral argument at the Supreme Court, Solicitor General D. John Sauer cited a letter by James Madison that completely undermines the administration’s case that its tariffs are legal.
Some observations from yesterday's argument in Learning Resources v. Trump.
Over the last decade, roughly one in every 10 dollars of budget authority has worn an emergency tag.
To understand this week's election, look to economic and political lessons from Argentina.
Plus: Outrage at Heritage, air traffic might get throttled, and more...
The legal challengers to Trump's tariffs had a good day in court.
Justice Neil Gorsuch got Solicitor General D. John Sauer to admit one "likely" outcome, if the Supreme Court upholds Trump's tariffs.
"Look at the corruption," says Dale Davenport. "Look how many city councilmen have gone to jail."
Olympia residents apparently learned from Seattle’s experience that minimum wage hikes do not improve the welfare of the worst off in society.
Trade deficits are not a "national emergency," and the president's import taxes won’t reduce them.
Democratic socialist Zohran Mamdani has been elected mayor by promising New Yorkers “free” programs and services with their own money.
The International Emergency Economic Powers Act doesn't grant the president the power to regulate imports with tariffs. Even if it did, these tariffs would still be unconstitutional.
Plus: Teams in city-owned stadiums keep ending up in court, and Israeli soccer fans get banned from a match in England
Plus: Tariffs before the court, Mamdani on the ballot twice, and more...
Learning Resources v. Trump will test both executive power and judicial fidelity.
Plus: Virginia and New Jersey governor’s races, a court ruling extending SNAP funding during the shutdown, and Trump’s tariff fight reaches the Supreme Court
The administration's legal brief reveals a critical contradiction in Trump's trade policies.
Progressive politicians want to ban restaurants from adjusting prices based on demand—even when no one’s actually doing it.
Amazon, with its deep pockets, could have helped turn things around. Instead, regulators consigned the company to die a slow and painful death.
Billions of dollars are at stake in New York City’s mayoral election.
The Supreme Court will hear a case next week challenging the legality of President Donald Trump's "emergency" tariffs.
There are several problems with the president's math, which suggests he has accomplished an impossible feat.
Democrats defend every entitlement and dream up new benefits. Republicans demand more defense spending and still more tax cuts.
Progressive cities are scrapping the tipped-wage credit, shifting workers from tax-free tips to taxable wages, and likely leading to lower take-home pay.
Zohran Mamdani’s plan to open government-run grocery stores would waste taxpayer money solving a problem NYC doesn’t have.
President Donald Trump says his tariffs protect American businesses, but more than 700 small businesses represented by We Pay The Tariffs beg to differ.
Plus: "Freeze the rent" hypocrisy, B-52s near Caracas, the Armani class votes Mamdani, and more...