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Most taxpayers would be less likely to be audited under Biden’s new IRS enforcement proposal

Don't believe the rumors: The IRS would not have access to any information on individual transactions in bank accounts

5:27 p.m. Oct. 23, 2021
The simple way to ease the labor shortage is to raise limits on legal immigration

The backlog of qualified immigrants waiting for legal permanent residence in the U.S. has reached a record above 9 million, mostly because of limits set by law.

5:19 p.m. Oct. 23, 2021
Broken supply chains are a market failure. What’s the right way to restore resilience?

When the immediate supply concerns abate, firms and policy makers must consider what kind of insurance or slack they should build into the production system over the longer term.

3:57 p.m. Oct. 23, 2021
The easy way to rein in Facebook and Google: stop them from gobbling up potential competitors

Big Tech companies are intrinsically weak, and in constant fear of losing their edge, Which is why they strive to acquire any potential competitors.

3:21 p.m. Oct. 23, 2021
The Fed needs to catch up quick before inflation gets away

Inflationary forces are not transitory, and policy makers on Capitol Hill and at the central bank must do everything they can to rein in inflation and boost supply.

2:29 p.m. Oct. 23, 2021
The U.S. economy may have just suffered its biggest hiccup since the pandemic erupted

The U.S. economy hasn't exactly fallen into a rut, but the U.S. just suffered its biggest hiccup since the coronavirus pandemic erupted in early 2020.

12:26 p.m. Oct. 23, 2021
U.S. economy revs up a bit in October after delta speed bump, IHS finds

The large service sector of the U.S. economy sped up in October after hitting a bump caused by the coronavirus delta variant a month earlier and manufacturers also expanded activity rapidly, but ongoing labor shortages and supply bottlenecks acted as a drag on growth.

12:08 p.m. Oct. 23, 2021
Soaring energy prices threaten to wreck economic recovery

The transition away from fossil fuels is being mismanaged, creating chaos and energy poverty.

11:44 a.m. Oct. 23, 2021
Government policies are stoking demand and strangling supply. So why is the Fed surprised by the inevitable inflation?

A supply crunch with inflation is a great wake-up call. Supply—not demand—must now top our economic-policy priorities.

11:42 a.m. Oct. 23, 2021
No one is forecasting a U.S. recession — or was, until now

Is the U.S. headed for another recession or already in one?

11:35 a.m. Oct. 23, 2021
Here’s what’s in Democrats’ big social-spending bill, as alternatives to corporate-tax hike sought

As the party tries to reach agreement, here are key proposed categories for the spending.

11:20 a.m. Oct. 23, 2021
Virginia governor’s race could give ‘flashing red warning sign’ for Democrats — and shift market sentiment

The governor's race in the Democratic-leaning state of Virginia is drawing considerable attention this fall, with analysts connecting the contest to President Joe Biden's spending plans and next year's U.S. midterm elections.

11:09 a.m. Oct. 23, 2021
Here’s why people might hate billionaires, but still love Jeff Bezos or Elon Musk

New research shows that people are much more tolerant of individual rich people than they are of the wealthy as a whole

10:45 a.m. Oct. 23, 2021
The radical idea on college campuses: Using endowments to help students and staff in crisis

What’s the purpose of a university endowment? The pandemic raised the stakes for this question.

8:43 a.m. Oct. 23, 2021
Anthony Scaramucci is rooting for DWAC because he thinks it will keep Donald Trump from running in 2024

"The more it goes up, the less likelihood Donald Trump is running for president in 2024"

6:35 p.m. Oct. 22, 2021
Fed’s Powell says goal of healthy labor market could be met next year

Fed Chairman Jerome Powell said Friday the central bank's goal of 'maximum employment' could be met next year. That's arguably the last requirement needed before the central bank raises interest rates.

5:57 p.m. Oct. 22, 2021
‘Toilet to tap’? As the climate keeps changing, more municipalities aim to recycle our most precious resource

As the wells remain dry, and as the climate continues to change in ways that upend our lives and our expectations, American communities are increasingly looking for ways to recycle our most precious commodity.

2:35 p.m. Oct. 22, 2021
Don’t cut the Build Back Better plan—cut the Pentagon’s budget

Congress should prioritize kids and seniors and stopping climate change over trillions wasted in endless failed wars

2:19 p.m. Oct. 22, 2021
It’s a no-brainer that Federal Reserve and congressional policymakers should be barred from the stock market. We should go one step further

Central banks themselves should stay out too, as reckless programs including quantitative easing create dangerous asset bubbles.

12:06 p.m. Oct. 22, 2021
Fed announces new rules to restrict trading by top officials

The Federal Reserve on Thursday announced new rules to restrict the trading and investment activity of top officials and senior staff.

8:53 a.m. Oct. 22, 2021

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