Economy

Pentagon strikes investment deal with US critical minerals producer

The Trump administration is taking bold steps to reduce Chinese dominance in the rare earth minerals market by investing $400 million in a U.S. rare earths producer. MP Materials, the

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Lasted Economy

Should we allow bribery? – Econlib

The Financial Times recently reported that President Donald Trump has directed the Department of Justice to cease enforcement of a

Commerzbank earnings Q4 2024

Commerzbank, Germany's second-largest lender, has announced plans to cut 3,900 full-time positions by 2028, with the majority of the cuts

US insurers face billions in losses from Los Angeles wildfires

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Fed’s Powell sees a ways to go on shrinking Fed holdings

Federal Reserve Chairman Jerome Powell testified before Congress this week, indicating that the central bank's balance sheet wind down process

EconLog Price Theory: The Membership Difference?

Welcome back to our ongoing series on Price Theory problems with Professor Bryan Cutsinger. If you missed the previous problem

California’s New Fuel Standards Hurt the Poor, with Little Environment Benefit

California is currently facing a crisis on multiple fronts - from raging wildfires to soaring energy costs. The state government's

Zelle payments top $1 trillion in 2024

Zelle, the peer-to-peer payment network operated by Early Warning Services, a consortium of major banks, reached a significant milestone last

Reno On the Social Effects of Banishing The Strong Gods

The Consequences of Banishing the Strong Gods In a previous post, I explored R. R. Reno's insights into the banishment