Economy & Markets — Archive
Fed policy, inflation, jobs, market trends, and fiscal analysis
Prediction Markets See Surge in Trades Related to U.S.-Israel Conflict With Iran
Traders made hundreds of thousands of dollars on ceasefire bets as lawmakers call for investigations into potential insider trading.
Iran's Toll Proposal for Strait of Hormuz Violates Trade Norms, Analysts Say
Iran demands right to collect fees in strategic waterway as precondition for reopening passage vital to 20% of world oil supply.
White House Budget Would Cut 8,385 TSA Positions Under Privatization Plan
The $11.7 billion FY2027 budget request cuts 2,462 Transportation Security Officer positions while proposing $477 million increase for private screening contracts.
Democrat Lawmakers Call US Fuel Blockade on Cuba 'Economic Bombing' After Delegation Visit
Progressive lawmakers describe humanitarian crisis on island linked to U.S. embargo, while Trump administration has escalated pressure calling Cuba a 'failed nation'
NASA Administrator Defends Trump’s Proposed Budget Cuts
The $18.8 billion proposal represents a $5.6 billion reduction from 2026 levels, cutting science programs and HBCU initiatives.
Federal Government Rushing Toward AI Adoption Amid Cost and Oversight Concerns
ProPublica investigation finds agencies face hidden costs, while the program designed to vet cloud security operates with minimal staff.
America Is Heading for a Recession — and It May Be the Worst Yet
Economic analysts warn that structural challenges including AI displacement and middle-class fragility could amplify the impact of any downturn
Polymarket Apologizes after Allowing Wagers on Fate of U.S. Pilots Downed Over Iran
Prediction market platform removed betting market after criticism from Rep. Seth Moulton, who noted 219 war-related bets remain active on the platform.
Budget Cuts Won't Fix Antisemitism — and They're Hurting Higher Education
The Trump administration's funding reductions to universities have drawn criticism from both sides of the political spectrum, with critics arguing the cuts fail to address campus antisemitism while damaging scientific research.
U.S. Tomahawks Deployed in Iran Conflict Exceed Annual Procurement Rate
Over 850 missiles used so far, roughly nine times the Pentagon's average yearly Tomahawk purchases.