An April federal court case in Texas delivered a clear message regarding IRS overreach in the micro-captive insurance industry, setting the stage for small businesses to dramatically alter the way they manage risk. In their ruling of Drake Plastics Ltd. v. IRS, the courts provided a split decision on IRS rules related to the utilization […]
It’s been nearly 35 years since then-Vice President Dan Quayle delivered a speech in which he decried the costs of hyper-litigiousness on the American economy. His speech would not require much surgery to make it as relevant today as it was then, nor to spur the same howls of discontent from the American Bar Association. […]
When growth in AI capital spending is scaled back at some point, U.S. economic growth will slow, and the stock market will likely enter bear territory.
President Trump is defending his administration’s creation of a nearly $1.8 billion “anti-weaponization” fund in response to heavy criticism not only from Democrats but from Republicans in the Senate, who delayed votes on a reconciliation package Thursday over the issue. The battle has become a rare point of contention between normally pliant congressional Republicans and...
In Congress, governing with the other side is now treated as betrayal. The message to elected officials is clear: Do not solve problems together, do not negotiate, do not govern. Just fight.
President Trump tore into Sen. Thom Tillis (N.C.) on Friday morning after the Republican lawmaker criticized the Department of Justice's (DOJ) newly debuted “anti-weaponization fund.” “I called him a ‘Nitpicker,’ always fighting against the Republican Party, and ME, mostly on things that didn’t matter,” Trump wrote in a post on Truth Social. The president referred...
British police appealed for witnesses Friday as they sought to broaden their investigation into potential offenses by the former Prince Andrew, including sexual misconduct.
President Trump on Friday celebrated the cancellation of "The Late Show With Stephen Colbert" and suggested other late-night TV hosts would also shortly be on the chopping block. "Stephen Colbert’s firing from CBS was the 'Beginning of the End' for untalented, nasty, highly overpaid, not funny, and very poorly rated Late Night Television Hosts," Trump...
Former Rep. Marjorie Taylor Greene (R-Ga.) said Thursday she fears President Trump may use the war in Iran to try to cancel the 2028 presidential election. Greene, who resigned from Congress in January after a public falling-out with the president, was once a loyal MAGA ally and one of Trump’s fiercest defenders. Her frustrations over...