In 2023, Americans used Buy Now, Pay Later (BNPL) services to finance over $100 billion in US retail transactions, up nearly fivefold since 2020. This surge has alarmed personal finance professionals and media commentators. Their…
Category:
Economy
-
-
Senator Ted Cruz wants a federal moratorium on state-level AI regulation, centralizing authority in Washington. But if the federal government takes control, who controls the bureaucracy that will decide which AI products get licensed —…
-
In 2023, Americans used Buy Now, Pay Later (BNPL) services to finance over $100 billion in US retail transactions, up nearly fivefold since 2020. This surge has alarmed personal finance professionals and media commentators. Their…
-
Inflation ticked up last month, the Bureau of Labor Statistics reported. The Consumer Price Index (CPI) rose 0.3 percent last month and 2.7 percent over the past year. Core inflation, which excludes volatile food and…
-
Larry Summers recently claimed on X that Republican tax policies — specifically the One Big Beautiful Bill (OBBB) pushed by Trump and congressional Republicans — are a major reason why the US is headed toward…
-
Larry Summers recently claimed on X that Republican tax policies — specifically the One Big Beautiful Bill (OBBB) pushed by Trump and congressional Republicans — are a major reason why the US is headed toward…
-
Inflation ticked up last month, the Bureau of Labor Statistics reported. The Consumer Price Index (CPI) rose 0.3 percent last month and 2.7 percent over the past year. Core inflation, which excludes volatile food and…
-
Do increases in the minimum wage only manifest themselves in reduced employment? Or are there other not-so-visible, but also not-so-trivial, effects that should be part of the policy discussion? As I will argue with a…
-
Few regions in Argentina symbolize the collapse of the Peronist model as clearly as La Rioja. This remote and impoverished province has depended for decades on subsidies distributed by the federal government to keep a…
-
AIER’s Everyday Price Index (EPI) rose to 295.8 in June 2025, an increase of 0.51 percent. June was the first month since February, in which the EPI rose more on a percentage basis than our…