1991—By a vote of 6 to 3, the Supreme Court rules (in Edmonson v. Leesville Concrete Co.) that a private litigant in a civil case violates the equal-protection...
After a tough first term framed by the most destructive wildfire in city history and an ongoing struggle with widespread homelessness, Los Angeles Mayor Karen Bass advanced to a November runoff Tuesday as she fights to stay in City Hall against challengers from both ends of the political spectrum.
November’s congressional midterm elections are consequential to the future of America. Every two years, all 435 voting members of the House of Representatives and a portion of the U.S. Senate stand before voters for reelection. The familiar national narrative often centers on whether the House or Senate will hold or flip. Yet this election cycle […]
Americans saving for retirement often follow the “buy and hold” strategy, urging them to block out the daily volatility of markets, stick to long-term investment plans, and avoid playing stockbroker. The stock market’s growth over the last 15-20 years proves why that approach makes sense despite financial crises, geopolitical conflict, and fiscal showdowns. However, laws […]
Today, up to 1 million Americans are effectively shut out of the market for new cars and light trucks. Vehicles have simply become too expensive for many lower-income households. The average cost of a new vehicle is around $50,000, up roughly 20% from just four years ago. To compound things, used car prices are also near record […]
The U.S. war on Iran, launched on Feb. 28, 2026, by President Donald Trump, is the first geoeconomic war of this century: A war whose overarching objective is exclusive American control over access to Iran’s huge oil and gas resources. According to the U.S. Energy Information Administration, Iran has crude oil reserves of about 209 […]
Prediction markets have wandered into the middle of a fresh constitutional fight. Minnesota just passed the nation’s first outright ban, classing these markets as gambling and putting them under the state’s usual authority to police public morals and protect consumers. Washington didn’t wait long to weigh in. The federal Commodity Futures Trading Commission promptly sued, […]