
At midnight on Wednesday, the federal government shut down. Democrats made good on their promise to vote against a continuing resolution if Republicans didn’t extend expiring Obamacare tax credits, and funding expired. Now, both sides are digging in to play the blame game.
The federal government shutdown that began at the stroke of midnight on October 1 wasn’t an accident, a matter of miscommunication, or the result of congressional leaders getting behind on their paperwork. Both major parties went into it with eyes open, having for their own reasons spurned the negotiations that usually head off these destructive […]
This week, amid a government shutdown, President Donald Trump and his administration are trying to capitalize on the situation. “Trump has made clear he’s looking to use this opportunity to make more permanent cuts to the federal work force and its many, many functions,” writes Reason‘s Liz Wolfe. A week before the shutdown, a memo […]
It looks like California Gov. Gavin Newsom has learned to stop worrying and love fake, AI-generated political satire videos—or at least, he loves them enough to share one on X. Newsom has discovered a meme streak that is positively Trump-ian as of late, and now constantly publishes troll-ish posts on social media, with the aim […]
This week, President Donald Trump announced the next in a long line of vanity projects: TrumpRX, a forthcoming, federally branded website where Pfizer sells steeply discounted drugs in exchange for a three-year exemption from his proposed 100 percent tariffs on imported pharmaceuticals. Imagine a strip mall furniture store with a permanent, flashy 70-percent-off sale, masking […]
The global derivatives market is currently experiencing a period of profound technological innovation and unprecedented volume growth. Demand for futures contracts, particularly those tracking interest rates and equity indices, has been described as “insatiable” throughout 2024, with major exchanges reporting record activity. Simultaneously, the digital asset derivatives sector has matured significantly, seeing trading volumes surge […]
Sector rotation is an active investment strategy that involves shifting capital between different industry sectors of the market to capitalize on the predictable fluctuations tied to the economic cycle. Evidence suggests that a significant portion—approximately 37%—of a stock’s price performance is directly tied to the performance of its overarching industry group or sector. Therefore, tactical […]
Democrats’ stated reason for opposing Republicans’ “clean” continuing resolution to keep the government open is that the spending bill doesn’t extend expiring Obamacare premium subsidies or roll back recent restrictions on migrants receiving government health care subsidies. Liberal commenters have asserted a second, strategic reason why Democrats shouldn’t provide the 60 votes necessary to pass […]
For years, Democratic lawmakers have been sounding the alarm about the potential danger of AI. An increasing number of Republicans are beginning to echo these warnings. On Tuesday, Sen. Josh Hawley (R–Mo.) introduced the AI LEAD Act. The bill, cosponsored by Sen. Dick Durbin (D–Ill.), “would classify AI systems as products, allowing for liability claims […]
At a well-attended press event in September, Health and Human Services Secretary Robert F. Kennedy Jr. announced a “bold” new initiative to identify the causes and treatments for autism. Citing research suggesting a possible link between taking acetaminophen during pregnancy and neurodevelopmental disorders, including autistic spectrum disorder (ASD), the initiative included the National Institutes of […]