Hi, my name is Jeffrey the Macaroni Penguin. I am the prime minister of the penguin contingent on Heard Island, which was recently informed by Donald Trump, the president of the United States, that we would be subject to a 10% tariff due to an alleged trade imbalance with his country. I'd ...

"Move it back to the states," Donald Trump says about education, about FEMA and, as will probably happen, about Medicaid. What that would mean to Americans depends on what state they live in. As the federal government moves forward on this, it's a good bet that high-income states can handle the ...

One need not rely on experts to know tariffs are typically not a good policy. Going back to Adam Smith writing "The Wealth of Nations," we know it is better to manufacture cheap commodities in areas that can make them cheaply so that wealthier nations can spend their wealth more productively. ...

Is President Donald Trump bent on political self-harm? It often seems that way. His overall job approval rating still hovers within a point or two of the 50% popular vote he received last November. But he is losing support on the economy and inflation, the No. 1 issue last year, while his ...

This week, President Donald Trump finally released his "Liberation Day" tariffs. Trump has long threatened that he would, if given the chance, levy massive tariffs on imported products from the rest of the world. The question for investors, however, was just what was driving such threats. Was ...

The U.S. Constitution was crafted in 1787 both to establish a new central government and to limit it. Some of the limitations are direct, some are subtle, and some are hidden. The chief instrument of limitation is the separation of powers, the brainchild of James Madison. The late Justice ...