Economy
Trump’s radical argument that he alone can interpret vague laws fails its first court test in dismissal of Fed governor
Trump’s radical argument that he alone can interpret vague laws fails its first court test in dismissal of Fed governor President Donald Trump has fired Federal Reserve Board member Lisa Cook, sparking a legal battle over his authority to interpret vague laws and challenging long-standing beliefs about presidential power. The case raises fundamental questions about […]
🏛️ Politics
Fewer international students are coming to the US, costing universities and communities that benefit from these visitors
Fewer international students are coming to the US, costing universities and communities that benefit from these visitors International student enrollment in the US is expected to decline by 30-40% in the fall of 2025, with an estimated 150,000 fewer students arriving due to new visa restrictions and cancellations. The decline in international students could cost […]
📰 News
Trump’s push to fire Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation)
Trump’s push to fire Fed governor threatens central bank independence − and that isn’t good news for sound economic stewardship (or battling inflation) President Trump’s push to fire Fed Governor Lisa Cook threatens central bank independence, which could have negative implications for sound economic stewardship and battling inflation. The power struggle between Trump and the […]
🏛️ Politics
The US really is unlike other rich countries when it comes to job insecurity – and AI could make it even more ‘exceptional’
The US really is unlike other rich countries when it comes to job insecurity – and AI could make it even more ‘exceptional’ The US has a unique approach to work and social welfare that makes it unlike other rich countries, which could be exacerbated by AI. The country’s low levels of unionization, at-will employment […]
💻 Technology
State Department layoffs could hurt US companies’ ability to compete globally – an economist explains why
State Department layoffs could hurt US companies’ ability to compete globally – an economist explains why The mass layoffs at the US State Department could hurt US companies’ ability to compete globally by eliminating expertise on business and human rights. The State Department’s Business and Human Rights team, which was eliminated in the layoffs, helped […]
📰 News
American capitalism is being remade by state power
American capitalism is being remade by state power The Trump administration appears to be shifting towards state-directed capitalism, where the government plays a more active role in guiding industries and companies. The US is currently operating under a hybrid model of capitalism, blending free-market principles with elements of state capitalism, as seen in recent moves […]
🏛️ Politics
AI is already hurting the UK job market
AI is already hurting the UK job market UK businesses are reducing hiring for jobs that may be impacted by AI. The study suggests that AI is exacerbating a slowdown in the UK’s labor market. The rollout of artificial intelligence is causing concern among employers about job security and future employment opportunities. Jobs that are […]
📰 News
Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data
Bureau of Labor Statistics tells the US what’s up with the economy – Trump firing its top official may undercut trust in its data The firing of U.S. Bureau of Labor Statistics Commissioner Erika McEntarfer by President Donald Trump may undermine trust in the agency’s data, which could have significant consequences for the economy. The […]
📰 News
Hulk Hogan and the unraveling of worker solidarity
Hulk Hogan and the unraveling of worker solidarity Hulk Hogan’s death at age 71 was a shock to many fans, but his long life was also surprising given the dangers of professional wrestling, which he allegedly contributed to by undermining a unionization effort in the 1980s. The failed unionization bid, led by wrestler Jesse “The […]
⚽ Sports
For America’s 35M small businesses, tariff uncertainty hits especially hard
For America’s 35M small businesses, tariff uncertainty hits especially hard Small businesses in the US are facing significant challenges due to tariff uncertainty, with over 97% of US companies that import goods being small businesses. The Trump administration’s unpredictable approach to trade policy has created a “whiplash effect” for small businesses, making it difficult for […]
🏛️ Politics