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Moral Hazard Illustration by Thomas Fluharty
In Focus

The moral hazard of monetized justice

Conn Carroll -
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Vice President JD Vance speaks onstage.
Immigration

Advocates slam Vance’s call for less legal immigration

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A signs reads
Economy

Seattle bans grocery no-compete clauses to combat food and medicine deserts

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Federal Reserve Chairman Jerome Powell speaks during a news conference.
Finance and Economy

Fed cuts rates as shutdown clouds economic dashboard

Zach Halaschak -
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A customer checks his shopping receipts.

Consumer confidence falls slightly as government shutdown weighs on households

Zach Halaschak -
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USA permanent resident card (Green Card) with Employment Authorization card next to passports and fingerprints
Immigration

Government shutdown halts visa, permanent resident approvals

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A worker stocks a display of clothing at a Sam's Club, Wednesday, Sept. 24, 2025, in Bentonville, Ark.

Inflation ticked up to 3% in September as shutdown drags on

Zach Halaschak -
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Containers with Yang Ming Marine Transport Corporation, a Taiwanese container shipping company, are stacked up at the Port of Los Angeles with the the Long Beach International Gateway Bridge seen in the background on Wednesday, April 9, 2025 in Los Angeles. (AP Photo/Damian Dovarganes)
Beltway Confidential

America’s prosperity starts at the ports 

Pedro Rodriguez -
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In this Thursday, Feb. 28, 2013 photo, Merck scientist Pascale Nantermet conducts research to discover new HIV drugs in West Point, Pa. (AP Photo/Matt Rourke)
Healthcare

Merck announces $70 billion US manufacturing investment

Molly Parks -
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Workers build a home on Sept. 19, 2023, in Marshall, N.C.
Economy

Taxpayers’ increased workplace safety enforcement cost nothing extra

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