It took the United States nearly two centuries for its federal debt to reach one trillion dollars. From George Washington through the Carter administration, with a civil war, two world wars, and a Great Depression in between, the U.S. fiscal…
President Donald Trump is taking his Iran campaign from the battlefield to the global banking system. Treasury Secretary Scott Bessent is unveiling a new round of sanctions Monday aimed at cutting off Tehran’s remaining financial lifelines — and…
PERSIAN GULF — Clutching their pens and calculators tightly, thousands of accountants boarded Higgins boats this morning in preparation for the launch of "Economic D-Day" against Iran.Several of the men made their last, final update to…
As of late July, American drivers were facing renewed pain at the pump, with national average gasoline prices climbing toward or exceeding $4 per gallon. The primary driver is the escalation of U.S. military involvement in the Iran conflict,…
Every prosperous society depends upon trust. I recall a story about a visitor from Africa to the United States marveling at the ubiquitous use of credit cards here, which we take for granted because an immense amount of trust is presupposed in…
The electric-car industry, once deemed the unstoppable wave of the future destined to completely replace gas-driven vehicles, has run aground on the shoals of economic reality. In a counter-swell that reflects growing consumer dissatisfaction…
Defenses of religious freedom are often moral. They begin from the premise that conscience is not the property of the state and that no government can justly compel belief, worship, or religious conformity. John Locke’s A Letter Concerning…
By Pete Hegseth Urgency, speed, efficiency, competition and lethality: These are the new guiding principles of our War Department. This moment requires defense hawks and fiscal hawks to pull together, and I’m proud to call myself both. Breaking…
Men in women’s sports is more that a culture-war issue. It’s about girls’ and women’s professional and financial futures. Read More… Today, more than 3.4 million girls participate in high school athletics nationwide, which represents about half…
The final dissolution of the Soviet Union in 1991 heralded the victory of Western democratic societies over communism and the ideologies of collectivism. Proponents of the market economy now had definitive proof that central economic planning…
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