What happens when you abandon the trade principles that have guided global commerce for over 75 years? Donald Trump is eager to find out. His proposal to impose “reciprocal” tariffs—matching the duties American exports face abroad, along with additional charges for any policies he deems
The past few years have been a financial holiday for homeowners who secured ultra-low mortgage rates. Just three years ago, borrowers in Britain and much of the eurozone could lock in rates close to 1%, while American mortgage rates hovered only a percentage point or two higher. Even as interest
In the world of pharmaceuticals, blockbuster drugs like Keytruda, a cancer immunotherapy treatment, dominate the industry. Since its 2014 launch, Keytruda has generated over $130 billion in revenue for its American manufacturer, Merck, including $29.5 billion in 2023 alone. Yet, in September 2023,
Federal Reserve Chair Jerome Powell's press conferences, once pivotal market-moving events, have recently drawn less attention—overshadowed by the presence of Donald Trump in the White House. However, a fresh surge in inflation has brought prices back into sharp focus. In January, the
For decades, the federal government has been plagued by inefficiency, fraud, and waste, draining taxpayer dollars with little accountability. Now, Elon Musk, through the Department of Government Efficiency (DOGE), is taking on the entrenched bureaucracy that has allowed corruption to flourish. But