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Jeffrey Miron
Was President Lyndon Johnson’s “war on poverty” the main driver of declining poverty rates after 1964?
Not according to a new study. The researchers examined a measure of poverty
that accounts for all taxes and government benefits … [and] anchored [the] poverty measure to the official poverty rate in 1963. … [They also] adjusted incom...
Norbert J. Michel and Christian Kruse
The Securities and Exchange Commission (SEC) has proposed ending quarterly reporting and allowing public companies to submit financial reports on a semiannual basis. This proposal has been a long time coming. Last September, President Trump announced his disdain for quarterly reporting on Truth Social, with SEC Chairma...
The Federal Aviation Administration is investigating a midair scare involving a JetBlue plane and another aircraft near Florida’s Fort Lauderdale Airport, the agency said Tuesday.
The incident occurred early Monday evening as JetBlue Flight 1256, originating in Ecuador, approached the airport, the FAA said.
At about 6:15 p.m. local time, the JetBlue plane recei...
Ryan Bourne and Nathan Miller
Support for raising the federal minimum wage has picked up in recent years given affordability concerns. Supporters are united in the belief that the government has left workers behind as the purchasing power of that $7.25 minimum wage has been eroded by high inflation. Sen. Bernie Sanders (I‑VT) calls it “unacceptable,” and Sen. Josh H...
The Trump administration has proposed new tariffs of up to 12.5% on imports from 60 economies after determining they had failed to curb trade in goods made with forced labor, an assertion that was rejected by its trading partners.
The proposal from the U.S. Trade Representative’s office, issued late on Tuesday, comes from a Section 301 unfair trade practices investiga...