California Gas Tax Revenue Will Drop by $6 Billion, Threatening Roads
California’s funding from gas taxes will drop by nearly $6 billion in the next decade due to the state’s electric car rules and other...
Wholesale Inflation in US Slowed Further Last Month, Signaling That Price Pressures Continue to Ease
Wholesale inflation in the United States was unchanged in November, suggesting that price increases in the economy’s pipeline are continuing to gradually ease. The...
US and UAE Mark Tenth Economic Policy Dialogue
The United States and the United Arab Emirates held their tenth Economic Policy Dialogue today. The Dialogue was co-chaired by U.S. Under Secretary of...
Texas Gop Lawmakers’ Border and Education Wishlist Would Expand State Budget by $2.7 Billion — and Counting
If bills now being considered pass, lawmakers will be left with $3.3 billion to take care of unforeseen costs over the next two years....
The Impact of Federal Reserve Policy on the Fed’s Financial Conditions Index
The Federal Reserve conducts monetary policy by setting a target range for the federal funds rate, the interest rate at which banks borrow and...
US Fed Leaves Interest Rates Unchanged, Signals Another Hike
The US Fed expects interest rates to fall only half a percentage point in 2024, lower than market expectations. The United States Federal Reserve...
The High Geopolitical Costs of U.S. Economic Policies
Biden’s economic plans risk alienating the Global South when the United States needs them most. U.S. President Joe Biden’s modern industrial and innovation strategy...
Donald Trump 2024 US Poll Bid Proposes ‘Harsher’ Tax, Trade Policies With India
Republican candidate Donald Trump’s economic agenda for if and when he returns to power to govern the United States after the 2024 US presidential Polls,...
2-Year Treasury Yield Inches Higher as Investors Consider Interest Rate Policy Path
The yield on the 2-year Treasury note inched higher on Friday as investors assessed the possibility of further interest rate hikes following the release...
Why Biden’s Strong Economy Feels So Bad to Most Americans
By almost any objective measure, Americans are doing much better economically than they were nearly three years ago, when President Joe Biden took office....