JPMorgan Chase CEO Jamie Dimon is warning that the Iran war could lead to prolonged inflation and higher interest rates that ultimately could tip the U.S. economy into a recession. “The skunk at the party — and it could happen in 2026 — would be inflation slowly going up, as opposed to slowly going down....
1994—Justice Harry Blackmun announces his impending retirement after 24 years on the Court. His majority opinion in Roe v. Wade (1973) is rivaled only by Dred Scott as...
For decades, Washington talked about supply chain resilience. But talk is cheap, and there was little done to achieve it. Critical minerals strategies gathered dust. Manufacturing know-how drifted offshore. And with respect to copper — the backbone of every military system, data center, and power grid in America — China quietly built the vast majority […]
President Donald Trump was elected to enforce immigration law and deport criminal illegal immigrants admitted under the Biden administration. Now, a year later, polls claim Americans oppose that effort. Don’t take those numbers at face value. If public opinion is shifting at all, it says less about the policy and more about the information environment […]
The Trump administration is moving the headquarters of the Forest Service from Washington, D.C., to Salt Lake City. The decision is the right one and, in a small way, restores political and economic power to citizens. Other federal entities should follow suit. Washington has become a behemoth it was never meant to be. What was […]
President Trump will brief reporters on Monday afternoon, one day after issuing an expletive-laden threat with a deadline for Tehran. “Tuesday will be Power Plant Day, and Bridge Day, all wrapped up in one, in Iran. There will be nothing like it!!! Open the F----n’ Strait, you crazy bastards, or you’ll be living in Hell...
The Trump administration has asked a federal appeals court to let construction of President Trump's $400 million White House ballroom project resume after a judge halted it. In an emergency motion late Friday, the Justice Department said that leaving the ballroom unfinished would "imperil" Trump and others who live and work in the White House. The...