The government said Wednesday that a key index of what Americans pay for goods and services came in lower than expected for August, easing pressure on the Federal Reserve to raise interest rates.

The most critical asset emerging from the war in Ukraine is not a new tactical drone or a precision missile. It is the digital information driving those systems. While defense planners across the globe continue to focus heavily on manufacturing hardware, a quiet race is underway to control the algorithmic backbone of modern warfare. The […]

Thanks to President Donald Trump’s leadership, working-class voters are trending Republican after generations of leaning Democratic. In 2019, Democrats were still more likely to call themselves working-class, 46% to Republicans’ 34%. That reversed by 2022, and today 67% of Republicans call themselves working-class, climbing to 82% among Republicans in blue-collar jobs. The GOP has adjusted […]

There is a grim resignation that America no longer builds, that our permitting system for energy projects is irreparably bloated and unnavigable. The nation that once constructed the Empire State Building in a year now leaves permit applications to languish for decades. The window of opportunity for this Congress to fix this universally recognized challenge […]

Central banks talk about interest rate hikes in very clinical terms. They call them a painful but necessary medicine. The Federal Reserve Board is currently locked into an aggressive tightening cycle. The American public must now accept a cooling labor market. Families face credit card debt at multi-decade highs and prohibitive mortgage rates. The official […]

Every September, Washington holds a fire sale on your money. Agencies with cash left rush to sign contracts and cut grant checks before Sept. 30, because they fear leftover funds will invite future budget cuts. Think Black Friday with a federal seal. That rush costs real money. A study in the American Economic Review found […]