Wealth tax extreme wealth debate revived after Musk tops $1tn
Michael Madowitz says US lawmakers can use improved wealth-tax designs as Elon Musk’s fortune highlights dynastic power concerns.
By David L. Chen 3 weeks agoSection
Opinion
US ICC policy shift draws warning from Eric Alter
Eric Alter says Washington’s move from helping the ICC on Russia to opposing it over Israel could cede legal influence to other st...
By David L. Chen 3 weeks agoTPS work permits raise jobs concern as employers face labor squeeze
About 350,000 TPS recipients are set to lose work permits, raising concerns for employers in health care, social services and cons...
By David L. Chen 3 weeks agoChina Q2 GDP estimates show wider gap between official and alternative data
BOFIT says official Chinese growth slowed to 4.3% in Q2, while its alternative measure put expansion at 3.1%.
By David L. Chen 4 weeks agoCleveland Fed CPI nowcast points to renewed cost pressures in July
Cleveland Fed nowcasts, incorporating gasoline data through July 22, suggest inflation measures are being pushed by rising fuel pr...
By David L. Chen 4 weeks agoPortugal 1976 MIT mission recalled by Jeffrey Frankel
Harvard economist Jeffrey Frankel recounts a 1976 central-bank assignment as Portugal faced reserves pressure and rebuilt democrac...
By David L. Chen 4 weeks ago
Trump tariff threat over Canadian smoke raises climate trade concerns
Vera Songwe argues the US-Canada dispute could recast climate damage as a trade and security issue, with wider implications for gl...
By David L. Chen 1 month agoFuel prices remain well above pre-war levels, EIA data show
Econbrowser, citing EIA figures, said gasoline and diesel prices remain more than one-third above pre-war levels despite easing fr...
By David L. Chen 1 month ago
Iran conflict risks widen around Gulf and Red Sea chokepoints
CSIS says US deployments and Iranian proxy preparations could broaden the war, with prediction markets pricing low odds of near-te...
By David L. Chen 1 month agoFuel futures draw focus as refinery constraints tighten product markets
Oil futures rose Friday, while Econbrowser said gasoline and other refined-product prices may be the more relevant market signal.
By David L. Chen 1 month agoAI capex added 0.63 points to first-quarter US GDP growth
Estimates cited by Econbrowser put AI-related investment at a sizable share of the 1.6% annualized quarterly expansion.
By David L. Chen 1 month agoKalshi odds for Hormuz reopening by Sept. 1 fall to 6%
Econbrowser charted Kalshi’s reopening estimate alongside Brent prices, with a NYMEX cash reading at $88 for the July 16 close.
By David L. Chen 1 month ago