The National Defense and Highways Act of 1956 created the U.S. interstate highway system. It also created the Highway Trust ...

President Trump has begun to act quickly on the promises he made during the presidential campaign. One position he has taken ...

Before we begin, I am a generational Episcopalian. I am imperfect and a woeful sinner. I would be a broken man if not for the ...

President Donald Trump will have to decide if he wants to be part of the problem—or part of the solution.

When the President and Congress blow out the budget, the difference is borrowed from future (imagined) surpluses. That ...

The company’s Stargate project will create lots of opportunities. But not for humans.

Seth Klarman and a lot of hedge fund managers stayed too conservative for too long after the 2008 financial crisis.

Canada and Mexico are allies but Presidential emergency powers are nearly limitless.

In his 2023 book The Art Thief, author Michael Finkel crucially observed (my book review here) that “art is the result of ...

Wall Street is interpreting Trump's current lack of action as a sign that he may go ‘light’ with tariffs in his second term.

A report released by LCH Research got widespread coverage with the Wall Street Journal making its headline, “Hedge-Fund Fees Eat Up Half of Clients’ Profits,” and Bloomberg chimed in with ...

Congress is now engaged in negotiations to renew the Tax Cuts and Jobs Act (TJCA), with the year-end expiration of many provisions looming. From the corporate tax rate to itemized deductions, this ...