The Trump administration is reportedly negotiating to turn Intel’s $10.9 billion CHIPS Act subsidies into a 10 percent equity stake in the company. If finalized, Washington would be among Intel’s…
Category:
Economy
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After the dismal July jobs report, President Trump has doubled down on his efforts to pressure the Federal Reserve to lower its target overnight interest rate (FFR). Two of his…
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Federal Reserve Chair Jerome Powell is expected to release the details of the Fed’s framework review at this week’s annual Jackson Hole Economic Policy Symposium. The Fed’s framework specifies the…
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Federal Reserve Chair Jerome Powell is expected to release the details of the Fed’s framework review at this week’s annual Jackson Hole Economic Policy Symposium. The Fed’s framework specifies the…
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Joseph Schumpeter famously said that creative destruction is the “essential fact about capitalism.” Entrepreneurs are the moving force in Schumpeter’s drama, but they are victims as often as heroes. The…
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Joseph Schumpeter famously said that creative destruction is the “essential fact about capitalism.” Entrepreneurs are the moving force in Schumpeter’s drama, but they are victims as often as heroes. The…
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Famed investor Ray Dalio makes the case in How Countries Go Broke that the United States government is too heavily indebted and that significant changes to spending, taxes, and interest…
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Famed investor Ray Dalio makes the case in How Countries Go Broke that the United States government is too heavily indebted and that significant changes to spending, taxes, and interest…
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In a recent column, Paul Krugman marvels at Brazil’s Pix system, a government-run digital payment network that has rapidly overtaken other non-cash methods in the country. He uses Pix to…
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Even though the COVID-era inflation surge is in the past, Americans are right to remain concerned about the state of our money. Contention over America’s monetary policy is nothing new,…