David J. Bier Last week, the Cato Institute published new, nonpublic data showing that Immigration and Customs Enforcement (ICE) is mostly detaining noncriminals and that most arrested immigrants with criminal…
Editor’s Pick
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Thomas A. Berry The Trump administration has taken actions to withhold billions of dollars in contracts from Harvard University unless the institution both adopts governance structures approved by the administration…
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Jeffrey A. Singer In recent testimony before the Senate Appropriations Committee, Food and Drug Administration Commissioner Marty A. Makary, MD, said he favored streamlining the agency’s approval process for biosimilar…
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Walter Olson Number eleven in our series of occasional roundups on election law and policy: New York City’s Democratic primary Tuesday has put a spotlight on ranked choice voting. As…
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In this video, Mary Ellen opens with a look at the S&P 500, noting that the index remains above its 10-day average despite a brief pullback—a sign of healthy market…
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This week, we’re keeping an eye on three major stocks that are reporting earnings. Two of them have been beaten down and are looking to turn things around, while the…
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Adam N. Michel The New Markets Tax Credit (NMTC), enacted in 2000, was designed to spur investment in low-income communities by offering tax incentives to private investors. Touted as a…
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Editor's PickInvesting
Can Mail Ballots Be Lawfully Counted If Received After Election Day? Where the Law Stands
Stephen Richer Can mail ballots be lawfully accepted after Election Day if they are postmarked on Election Day? This legal question came up 10 days ago when Federal District Court Judge Denise Casper enjoined parts of…
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Editor's PickInvesting
A Common Thread: Price Controls, Japanese Internment, and the Little Rock Nine
Jeffrey Miron Lincoln’s Emancipation Proclamation and suspension of habeas corpus; Roosevelt’s Japanese Internment and confiscation of gold; Truman’s desegregation of the armed forces; Eisenhower’s military support of the Little Rock…
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Some Sector Reshuffling But No New Entries/Exits Despite a backdrop of significant geopolitical events over the weekend, the market’s reaction appears muted — at least in European trading. As we…