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Oil markets brace for maintenance season
In Texas oil country, September usually marks the beginning of maintenance season. But with refineries running at near-100% capacity to meet increase…
5 hours ago
The ongoing cost of ICE raids on Latino entreprenuers
It’s been more than a year since the Trump administration intensified ICE raids in immigrant communities across the U.S. Latino entreprenuers say the…
3 days, 4 hours ago
Grass is always greener
The NFL is back in a couple weeks, and so is artificial turf. Several NFL stadiums rolled out the green carpet this summer for World Cup matches, whi…
4 days, 4 hours ago
How much power does the Fed really have?
Another month, another PCE report that put annual core inflation meaningfully above the Fed’s 2% target. The central bank has been fighting high infl…
5 days, 5 hours ago
Preparing for an AI tax crisis
If artificial intelligence really does replace human labor, the U.S. could be in for a tax revenue crisis. That’s because high unemployment shrinks t…
6 days, 5 hours ago
Does Canada need new energy partners?
Fuel hasn’t been touched in the trade clash between the U.S. and Canada (yet). It’s probably because the countries have an interdependent energy rela…
1 week ago
When unemployment becomes endless
According to the Bureau of Labor Statistics, at least 1.8 million Americans have been actively looking for a fulltime job for more than 27 weeks. Tha…
1 week, 3 days ago
Sec. Bessent's big plan to finance the national debt
Treasury Secretary Scott Bessent’s buyback of long-term bonds was a bit of a letdown this week — the interest rates barely budged. The Treasury’s nex…
1 week, 4 days ago
Let's import some inflation
The price of imported goods, sans energy, was up 4.5% year-over-year in July. Data center buildout is driving that jump — imported computer prices we…
1 week, 5 days ago
Got beef?
Cattle herds are at a national low not seen since the 1950s. That’s driving up the price of beef for consumers, but it’s also affecting the companies…
1 week, 6 days ago