How a national default could affect stocks, mortgage rates
(The Hill) – If the White House and House Republicans fail to raise the debt ceiling and the U.S. defaults on its national debt for the first time ever, the economic consequences for Americans will be wide-ranging and long-lasting. Social Security
Bud Light’s Sales Implosion, Explained (by Mises)
I stopped drinking Bud Light decades ago, so when the Dylan Mulvaney controversy exploded last month, I didn’t need to consider if I’d stop drinking Anheuser-Busch’s most popular product. What’s clear is that many others have decided to quit the beer
Trader Joe’s addresses parking lot conspiracy theories
Trader Joe's is known for many things: cookie butter, cheap wine, Hawaiian shirt-wearing staff members, 19-cent bananas — and yes, cramped and chaotic parking lots. The grocery chain knows about customers' complaints, and has heard the far-fetched theories. "If you
Dr. Seuss, Philosopher Extraordinaire
In 1974, the Harvard philosopher Robert Nozick wrote one of the most influential books since WWII: Anarchy, State, and Utopia, in which he argued for a minimal state. He reasoned that when a government’s function expands beyond protecting individuals against
These people have more money than US Treasury right now
(The Hill) — As time winds down on how long lawmakers have to reach a deal to raise the debt ceiling to avoid the U.S. defaulting on its debt, the Treasury Department’s cash balance has been dropping. Data from the department’s
Nikki Haley bets on retail politics in Iowa
It’s Thursday lunchtime in Iowa and, upstairs in a boathouse on the banks of the Cedar River, Nikki Haley is making her case to be president. The modestly sized venue is packed. The crowd is polite and receptive, and also notably
Iowa governor bans LGBTQ school discussions
(The Hill) — Iowa Gov. Kim Reynolds (R) signed a bill into law on Friday that restricts lessons on gender identity and sexual orientation in schools from kindergarten through sixth grade. Reynolds announced her signature on the bill and a few
Anti-abortion group flexes political muscle in 2024 GOP primary
A prominent anti-abortion group is ramping up pressure on candidates in the Republican 2024 primary, using its considerable political influence to compel them to commit to a federal abortion ban. Susan B. Anthony Pro-Life America’s clout was on display last month