How ‘nuclear verdicts’ are driving up trucking costs — and the price of almost everything
Moving freight across the U.S. always carries risk. But in recent years, a fast-growing threat to the economics of trucking has erupted — not on the highway, but in the courtroom. “Nuclear verdicts,” legal and insurance shorthand for jury awards exceeding $10 million, have become more frequent and ever larger. What was once remarkable is […]
Iran war hits 60-day mark; DHS shutdown ends, but funding battles continue
The Iran war has hit the 60-day mark, and Washington can’t agree on whether the president needs Congress to keep it going. Plus, the DHS shutdown is over after months without full funding. But immigration enforcement money is moving on a separate track, and the next fight is already lined up. And the Texas camp […]
Trump’s border wall expansion damages Native American site in Arizona
The border wall along the U.S.-Mexico border is expanding by around three miles a week, and that construction is now impacting an ancient tribal site. President Donald Trump ordered an aggressive expansion of the wall, backed by funding in the “One Big Beautiful Bill.” Now, The Washington Post reports that recent construction in southern Arizona […]
Trump drops whiskey tariffs, credits King Charles for breakthrough
President Donald Trump is lifting tariffs on whisky imports from the United Kingdom, a move he says followed this week’s royal visit. The announcement came as King Charles III and Queen Camilla wrapped up a four-day state visit to the U.S. and returned to Britain. President’s own words In a post on Truth Social, Trump […]
Hezbollah’s new drone tactic exposes a new battlefield threat for Israel
Hezbollah is increasingly using explosive first-person drones, including fiber-optic models that can evade electronic jamming, to strike Israeli troops in southern Lebanon and near the border. The attacks have killed Israeli soldiers and a civilian contractor in recent days, and Israeli officials and analysts say the threat is forcing the military to improvise defenses while […]
First it was the schools. Now they’re coming for your cellphone at work
First, they started popping up in schools. Now, they’re showing up in the workplace. Cellphone bans and locked phone pouches are gaining popularity across the U.S. You’ve likely heard of schools and districts adopting phone-ban policies that require students to lock their phones in a pouch or leave them in their lockers during class time. […]
Spirit Airlines to cease operations after federal bailout negotiations fail
Budget airline Spirit Airlines is reportedly preparing to shut down after talks to secure a $500 million federal bailout apparently collapsed. The Wall Street Journal first reported on Spirit’s imminent demise Friday morning. The Journal said that as negotiations petered out, the company simply ran out of money. President Donald Trump had been positive about […]
Mark Zandi is one of America’s top economic forecasters. Here’s why he’s worried about a recession
When the U.S. economy gets turbulent, Mark Zandi is the economic forecaster that policymakers, investors and reporters often turn to first. Zandi is the chief economist at Moody’s Analytics, a financial intelligence and economic research firm, and one of the country’s most closely followed forecasters. He frequently testifies before Congress, briefs policymakers and advises corporate […]
