Economy & Policy


Tax the Rich. Why That Chant Is Louder Than Ever.

A tax professor argues for replacing the estate tax with an inheritance tax and reforming the federal income tax code to include investment gains.

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Jobs, CrowdStrike, Target, Broadcom, Costco, and More to Watch This Week

Friday’s jobs data will be the first on-time employment report since early September. And this week brings earnings reports from Autozone, Best Buy, Marvell, and more.

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Wall Street Has Fended Off Scoundrels Since Its Early Days

An insider-trading scheme that caused the Panic of 1792 gave birth to an agreement setting forth the first rules for trading stocks.

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Why the Iran Attack Proves Bonds Are Still a Safety Net

Treasuries have taken a lot of flak from Wall Street in recent years, because they stopped behaving like a safe haven. It’s time to show some respect again.

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Expect Gold, Treasuries, and Other Safe Assets to Rise After Iran Attack. Why Investors Shouldn’t Panic.

Investors should assess the Middle East conflict carefully before reacting, Matt Gertken writes in a guest commentary.

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Iran Vows Forceful Response After U.S.-Israel Strike. International Leaders Urge Restraint as Washington Appears Split.

Oil tankers in the Persian Gulf are diverting to safety in Qatar, and Tehran has launched missiles against U.S. bases in the Gulf,

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Trump Wants Regime Change In Iran. What Happens Next.

The June 2025 conflict was brief and limited, but Tehran now sees existential threats and will act accordingly.

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Your Trust Is Out of Date. How to Fix It.

With passage of the One Big Beautiful Bill Act in 2025, trusts that were created years ago to shield wealth from onerous federal estate taxes may be unnecessary.

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Slop Bowls Are Yesterday’s Lunch. We Test Tomorrow’s: The Wrap

As consumers tire of grain-and-salad meals in a bowl, fast-casual chain Sweetgreen is rolling out salad in wrap. We sent our hungry staffers out to test the prototypes. Conclusion: not bad.

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Stocks’ Season of Discontent Could Linger Well Past Winter. Plus, Picks Among BDCs.

Stocks are falling, inflation is growing, the Fed may be hamstrung. What else could go wrong? At least there are bargains in business development companies whose stocks were crushed.

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Why the S&P 500 Is Looking ‘Toppy’

The AI trade has gotten stretched—and the market has plenty of other things to worry about.

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Earnings Could Push the Stock Market Higher. Too Bad About Everything Else.

The latest round of financial results is one bright spot that might carry stocks to new highs, despite this year’s turmoil. 

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Sure, Inflation Has Cooled. But It’s a Long Way From Cold, No Matter What Trump Says.

President Trump touted falling prices in his State of the Union address, but the annual inflation rate remains well above 2%, hurting affordability.

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These Were the Best and Worst S&P 500 Stocks in February

Texas Pacific Land and Corning are February’s top S&P 500 stocks, while EPAM Systems and CoStar Group bring up the rear.

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What I Learned from Fed Chairman Alan Greenspan

For Greenspan’s 100th birthday, veteran Fed reporter David Wessel reflects on the former chair’s time at the central bank.

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Wholesale Inflation Was Hot in January. There’s a Message for Stocks.

The producer price index for total final demand rose 0.5% in January, an acceleration from December’s revised 0.4% monthly advance.

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Stocks Are Set for a February Slide. Can the Magnificent 7 Spark a March Rebound?

The market’s biggest stocks need to come alive if benchmarks are to book a solid first-quarter gain.

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Block Is the Latest AI Scaremonger. Why Markets Must Stick to the Fundamentals.

Nvidia suffers worst day in almost a year, China gets relief from Trump’s tariffs, Netflix calls it quits on Warner Bros. bidding war, and more news to start your day.

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5 U.S. Senators Warn of ‘Significant Weakening’ at the CFTC

Staff departures at the Commodity Futures Trading Commission represent “a significant weakening” of enforcement, says a group of senators.

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China Gets a Major Reprieve on Tariffs. Don’t Expect a Reversal.

Beijing is turning out to be one of the biggest winners from the Supreme Court’s ruling against many of President Donald Trump’s levies.

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IRS Direct File Is Dead. Free File May Not Be the Answer.

Democratic lawmakers raise questions about the efficacy of the government’s lone remaining free filing option.

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MP Materials Is Lifting Output of Rare-Earth Magnets. This Is Where.

Rare earth company MP Materials has selected the location for its next rare-earth magnet making facility.

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AI and Tech Stocks Are in Trouble. Look to These Other Sectors, Says This Veteran Strategist.

After 40 years in the investment business, Jim Paulsen now pens a popular Substack newsletter. He sees a new bull market forming in long-neglected stocks, like small-caps.

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Mortgage Rates Drop Below 6% for the First Time in More Than 3 Years. What It Means If You Want to Buy a House.

The average 30-year fixed rate mortgage was 5.98% this past week, Freddie Mac said.

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