In November 2024, US commercial mortgage delinquencies spiked to 10.4 percent, a level just below the 10.7 percent peak during the 2008 financial crisis. Commercial real estate (CRE) delinquencies surged…
Economy
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Ichiro Suzuki was inducted into the Baseball Hall of Fame this summer. With his nearly unmatched bat control, Ichiro had ten consecutive 200-plus hit seasons and the single-season record of…
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In 2022, I described what Congress could do with the $2.04 billion Powerball jackpot. The result, which should surprise no one, was “not much.” But just how “not much” turned…
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In a stunning shift, China — longtime recipient of US economic and political aid, and one of the largest beneficiaries of the postwar liberal order that Washington led in building…
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Are President Trump’s tariffs proving that two and a half centuries of economic analysis exaggerated the virtues of free trade? Have economists been wrong all these years to insist that…
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In 2022, I described what Congress could do with the $2.04 billion Powerball jackpot. The result, which should surprise no one, was “not much.” But just how “not much” turned…
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In a stunning shift, China — longtime recipient of US economic and political aid, and one of the largest beneficiaries of the postwar liberal order that Washington led in building…
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Are President Trump’s tariffs proving that two and a half centuries of economic analysis exaggerated the virtues of free trade? Have economists been wrong all these years to insist that…
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In the mid-to-late 19th century, crimes such as murder, robbery, and cattle rustling plagued America’s western frontier. Although the West was not quite as “wild” as Hollywood portrays, it was…
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The death of Charlie Kirk is a tragedy. For his family, most of all, for his children and his community. But the murder of the 31-year-old political organizer is also…