#MAGA: Federal Deficit Jumps 32 Percent, Hits $895 Billion for Fiscal 2018!
The economy might be humming but when are we going to have to, you know, pay for the party already?
Economics
DHS Gave ICE an Extra $169 Million to Detain and Remove Immigrants Last Month
Nearly $10 million was redirected from FEMA.
Can the Free Market End Global Poverty? Nobel Laureate Joseph Stiglitz vs. NYU's William Easterly
Watch two leading development economists debate at the Soho Forum.
Feeling the Pinch: U.S. Lobster Exports Tank Thanks to Trump's Trade War
The Chinese tariffs have clobbered the lobster market, with prices falling to two-year lows.
60 Days in Jail for Being an Airbnb Host? Miami Beach Mayor Wants City to Consider It.
On Wednesday, the city council will consider the mayor's proposal to make Airbnb rentals without city permission a misdemeanor.
GOP's 'Tax Reform 2.0' Will Make It Harder to Balance the Budget
Plan would extend last year's tax cuts past 2025, but spending cuts are still missing.
California's Attacks on the Gig Economy End Up Hurting Neighborhood Barbers, Tattoo Artists
A state supreme court ruling jeopardizes the very idea of independent contractors in several trades.
Trump Says iPhones Will Get More Expensive. Actually, It's Going to Be Much Worse Than That.
Building iPhones entirely in the U.S. would double or triple their retail prices. There's no way Apple is going to do that.
Artificial Intelligence Will Be More Economically Consequential than Steam Power Was
AI could boost economic growth by 1.2 percent annually between now and 2030.
Next Round of Tariffs Could Making Vaping More Expensive
By making it harder for smokers to switch to vaping, the Trump administration's tariffs would strike a blow against public health.
Woodward: Trump Scribbled 'TRADE IS BAD' in Margins of Speech
"Why do you have these views [on trade]?" Gary Cohn reportedly asked Trump. "I just do," Trump replied.
Welcome to the Era of Late Socialism
I'll take late capitalism over late socialism any day.
Tariffs on Steel, Aluminum, and Lumber Blamed for Spiking Home Construction Prices
In Utah, Texas, and elsewhere, construction costs for new homes are up by about 60 percent this year.
What Part of the Janus Ruling Do Unions Not Understand?
The Supreme Court says they can't forcibly collect dues from workers unwilling to pay them, but several unions don't seem to get it.
California Bill Requires All Corporate Boards to Have a Token Woman
The bill has passed both houses of the state legislature. Now it just needs Jerry Brown's signature.
Is Bank of America Really Cracking Down on Undocumented Immigrants?
Has the bank joined the immigration crackdown, or is this just a case of bad customer service?
Trump Remembers Budget Deficit, Announces Federal Pay Freeze
The federal government has run up a deficit of $684 billion this year. The CBO predicts that number will exceed $1 trillion in 2019.
Top Trump Economic Adviser Asserts Right to Regulate Buggy Whips, Google
Kevin Hassett, chairman of the White House Council of Economic Advisers, defended Trump's idea of regulating the search giant.
Stossel: These Students Know More Than Politicians
Politicians condemn price gougers, but students explain why "gouging" is good.
The $1.7 Billion Federal Job Training Program Is a Massive Failure
The program's goals might be admirable, but the reality is a whole different story.
Are American Workers Getting Shafted?
Think labor's share of America's economic output has been plunging? Think again.
Trump Blames Trade War for Breakdown of North Korea Nuclear Talks
If only there was something he could do about those tariffs...
Senate Budget Votes Are a Sign of the Trump Era's Other Legacy
One of the most lasting consequences of the Trump years will be Republicans' complete abdication of fiscal responsibility.
As Warning Signs Flash, Trump Again Escalates Trade War With China
Another $16 billion in Chinese good are facing tariffs, but Trump wants more. Meanwhile, more signs say the trade war will slow economic growth.
New Jersey's Attacks on Unlicensed Movers Hurt Entrepreneurs and Consumers
Once again, government would best serve the public by just getting out of the way.
Trump's Campaign Finance Catch-22
Is hush money to a politician's mistress "for the purpose of influencing an election" or "personal use"?
Higher Minimum Wages Blamed for Closure of Iconic NYC Coffee Shop Where Alexandria Ocasio-Cortez Worked
An ironic lesson in progressive policies, provided by an iconic New York City establishment and the left's rising star.
Stossel: Bernie's Digital Media Empire
Bernie Sanders has millions of viewers who watch his socialist videos.
Wells Fargo Severs Ties With a Florida Candidate Over Medical Marijuana Donors
The move "highlights the extreme confusion around banking in cannabis."
Trump's Tariffs Are Making Colombian Windows Great Again
A Colombian company is undercutting its U.S. competitors, who have been forced to raise their prices because of tariffs.
Ex-Librarian Sentenced to Write a Book Report (in Jail) After Spending $89,000 in Public Funds on Game of War
Adam Winger used city credit cards to buy hundreds of gift cards, which he then used for in-app purchases.
Trump Says Tariffs Helped 'Build America.' He's Missing Some Important Context.
Trump is wrong about tariffs and so was Alex Hamilton.
John Mackey and Conscious Capitalism Have Won the Battle of Ideas With Everyone but Libertarians
Why can't free marketers celebrate entrepreneurs and titans of industry who change our world unless they admit they're in it only for the money?
Congress Does Nothing as Commerce Tariff Cronyism Gets Worse
Commerce Department now has 120 people working full-time deciding which businesses are exempt from tariffs.
Fix Social Security Before It Goes Broke
Eventually the government will run out of other people's money.
What's the Best Way To Make Poor Countries Rich? Joseph Stiglitz, William Easterly at Reason/Soho Forum 8/27
"Is the best way to end global poverty free markets or government action?" The Nobel laureate and former World Bank economist square off in N.Y.
Can 'Conscious Capitalism' Make Business a Heroic Enterprise? John Mackey Is Betting Yes: Podcast
The Whole Foods magnate and his nonprofit colleague Alexander McCobin want to "elevate humanity through business" and make us all smarter, kinder...and richer.
West Virginia's Entire Supreme Court Just Got Impeached
The four justices allegedly spent more than $1 million in taxpayer funds on office renovations.
Democrats and Young People Prefer Socialism to Capitalism, Poll Finds
Republicans, on the other hand, tend to be pro-capitalism and anti-socialism.
Trump's Trade War Could Kill Alaska's Seafood Industry
American farmers have already fallen victim to Trump's trade war with China. Could Alaskan fishermen be next?
American Aluminum Manufacturer Seeks Relief From Tariffs Meant to Help American Aluminum Manufacturers
Alcoa says it needs protection from protectionism. That should be a lesson for the administration.
Trade War Stranded Huge Ship Full of American Soy Beans at Sea
The Peak Pegasus is both a casualty and a metaphor for Donald Trump's trade war.
Extending Last Year's Tax Cuts Without Massive Spending Reductions Would Be a Fiscal Disaster
New CBO analysis shows debt could exceed 200 percent (!!!) of GDP by mid-century without changes.
The Economic Ignorance of Bernie Sanders
Sanders' ideas would be just a joke if millions weren't paying attention.
How Trump's Tariffs Hurt American Businesses and Consumers
Trump's economic ignorance is on display.
Trump's Trade War Kills Another 126 Jobs
A South Carolina TV manufacturing facility will close its doors, and Trump's threatened auto tariffs could do yet more damage to the state's economy.
