By invoking a rarely used provision of the US tax code, Trump could potentially double taxes on foreign entities operating in the US, a move that could have significant economic implications.

Although Adam Smith is well-known for emphasizing division of labor, his analysis was woefully incomplete, as Dr. Mark Thornton points out.

Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown ...

At the end of 2025, our outlook for U.S. small-cap stocks is optimistic, driven by favorable macroeconomic trends and easing ...

Kevin Warsh, Trump's pick for Federal Reserve Chairman, is expected to vote the way the president wants, columnist Michael ...

Sold-out shows aren’t enough. Higher costs are undercutting business everywhere, owners say, from juggernauts like Metro to neighborhood venues like the Ramova.

Discover James Tobin's impact on economics through his Nobel prize-winning research, the Tobin Tax, and his influential role ...

President Donald Trump's support of legislation that would cap credit card interest rates at 10% has flagged in recent weeks, ...

New research shows the current top federal income tax rate is close to revenue-maximizing. Politicians who want to raise ...

Abstract: This study explores the predictive capacity of financial asset returns in forecasting macroeconomic regime shifts, specifically the transition among Inflation, Expansion, Stagflation, and ...

Discover how the pooled cost of funds impacts financial institutions, from calculating expenses to enhancing profitability ...

Software version: R version 4.5.1 (2025-06-13) -- "Great Square Root" The out-of-sample forecast exercise and in-sample results were obtained on a high-performance cluster which allows for parallel ...