Wall Street Profits Hit $45.9 Billion In First Half Of 2026
Underwriting fees increased 68% during the first six months, while global equity issuance rose 76.5%, with strong activity including the SpaceX IPO contributing to the gains.
Economy
TIPP Poll data on Americans' perception of the economy is the foundation for this section. Topics covered include U.S. consumer confidence, consumer sentiment, job market, economic growth, recession, financial stress, economic outlook, personal financial outlook, federal economic policies. We also cover trade, taxes, and debt. Our TIPP economic optimism index, financial stress index, job sensitivity metrics, and other polling on current economic issues drive the discussions.
Radical Decentralization: Liechtenstein’s Quiet Revolution
Economically, the finding is easy to explain: small political units are not autarkic; they compete internationally for talent and capital.
American Soul-Searching After The Iraq Withdrawal
I think almost every American would agree with one thing about that particular foreign war: It did not bring freedom to the Iraqi people, at least not freedom the way that libertarians define the term.
Trump’s Other War
The Tax Foundation estimates that, since he returned to the White House, President Trump has imposed tariffs on about 54 percent of imported goods.
Labor Secretary Confirmed as Senate’s Last Act Before 6-Week Recess
Sonderling, former deputy secretary and a key policy officer in the department, has served as acting secretary since Lori Chavez-DeRemer resigned earlier this year following an internal investigation alleging inappropriate conduct. Sonderling was not associated with the investigation or allegations.
Husted’s Ratepayer Protection Act Bill On Data Centers Fails In Senate
The bill came close in a 57-43 vote, with Democrat Sens. Maggie Hassan of New Hampshire, Amy Klobuchar of Minnesota, Raphael Warnock of Georgia, and Jon Ossoff, also of Georgia, voting in the bill’s favor.
What Is Driving China’s Push To Consolidate Its Banking Sector
Rural and small commercial banks are considered the weakest part of the sector.
Big Government And Blowback In Venezuela
As part of the deal, the Pentagon will acquire a 35 percent stake in North American Blue Energy Partners (NABEP), run by a businessman who is close to acting Venezuelan president Delcy Rodríguez.
The Faulty Premises Underlying Europeans’ ‘War On Russia’ Hyperventilation
On the face of it, the unified messaging that Russia is about to attack Europe and that war is coming makes no sense at all.
Every Man A Slave? Huey Long As A Model For The Wrong Kind Of Populism
We know the Franklin Roosevelt regime from its famous (or infamous) New Deal—a mishmash of government intervention wrongly credited with ending the depression when, in fact, it extended it.
The State Behind The Recycling Bin
What is new is the doctrine that recycling should be pursued as a general social objective even when recovery costs more than it yields. That doctrine was institutionalized through government.
Ohio Lawmakers Succeed In Passing Bill To Suspend Gas Tax
The Senate voted 26-5 without amendments or comments, followed by a 78-16 vote in the House.
September Jobs Report Shows Sharp US Labor Market Slowdown
Despite weak payroll growth, the household survey showed employment rising by 406,000. Labor-force participation increased to 61.8%.
Why Did Eurozone Inflation Rise To 3.8% In September
The annual rate rose from 3.2% in August and surpassed the 3.6% forecast. It is also well above the European Central Bank’s 2% target