Visa and Mastercard’s swipe-fee settlement could lead to a rewards fallout
The plastic cap… After nearly 20 years of litigation, Visa and Mastercard announced a major settlement with US retailers this week to temporarily...
Economics
The Department of Justice is suing Visa
60% of debit transactions in the US run on the company’s network...
FEE (Foundation for Economic Education) on X: ""Reaching into one’s own pockets to assist his fellow man in need is praiseworthy [...]. Reaching into someone else’s pockets to do so is despicable." - Walter Williams" / X
- Walter Williams
— FEE (Foundation for Economic Education) (@feeonline)
Albert Gallatin and Jefferson’s Embargo - FEE
Note: This is the second of three essays about America’s longest-serving Treasury Secretary, Albert Gallatin. Part One can be seen here. All three are
Grocery chains are bigger than ever. See who runs the stores near you.
The traditional supermarket industry has shrunk as big-name grocers acquired their smaller rivals. Here are the chains that dominate near you and across the U.S.
Have economists gone out of fashion in Washington?
Once the high priests of policy, economists may now be seeing lower demand. But who's taking their place?
Economic Illiteracy: Did Educators or Politicians Fail?
There is a problem of economic illiteracy in our society. A lack of understanding in economics has led to discredited policies and uninformed voters.
Port strike looms, portending economic gloom
Major ports would be shut down wreaking havoc on supply chains.
Michigan lawmakers poured $2M into converting old prison into a distillery
Lawmakers dedicated a $2 million earmark toward the rehab of a former state prison near Traverse City, but no one has stepped forward as the sponsor.
Now leasing: apartments in Goldman’s old HQ
Goldman Sachs’s old headquarters in NYC is now an apartment building.
US moves to ban cars with Chinese tech
Officials are saying cars with Chinese software and hardware are a national security threat.
No joke: Cards Against Humanity is suing SpaceX
Like any great lawsuit, it started with a publicity stunt.
The W marches into the playoffs with a lot of Ws
21 of the 24 WNBA broadcasts that topped 1 million viewers this season featured Clark.
Editorial: Harris plan will make economy worse
The apple doesn't fall too far from the Oval Office when it comes to putting a disingenuous spin on ruinous economic policy.
FTC sues drug middlemen for allegedly inflating insulin prices
The FTC suit targets the three biggest so-called pharmacy benefit managers, UnitedHealth Group's Optum Rx, CVS Health's Caremark and Cigna's Express Scripts.
Can Costco solve CA’s housing crisis?
An apartment building with a Costco on the ground floor is coming to LA thanks to housing construction reform.
Just the Facts About the US Federal Budget: Steve Ballmer Talks Through the Numbers
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Tucker Carlson, Taking Aim at Zyn, Plans New Nicotine-Pouch Brand
The conservative media star said he decided to launch Alp nicotine pouches because Zyn maker Philip Morris couldn’t take a joke.
Musk’s satellites are making it harder to study black holes
The second-generation Starlink model was found to emit 32x more radiation than its predecessor.
Welcome to My First Nest Egg - Financial Literacy for Young Kids
The My First Nest Egg App is a fun way to systematically teach young kids financial literacy, goal-setting, perseverance, and self-sufficiency with money and time.
The Philosophy that Framed the Constitution - FEE
Today is Constitution Day in America. The federal holiday (technically Constitution Day and Citizenship Day) commemorates the signing of the US Constitution
The Fed cuts rates a whopping half percentage point
Powell also made it clear that he’s not promising to keep the big cuts going.
Sam’s Club will raise pay to catch up with Costco | CNN Business
Sam’s Club said Tuesday it will raise pay to incentivize workers to stay with the company — and not jump ship to Costco.
Women still lag behind men in the workforce
A report analyzing women’s gains in the workplace found that, despite some progress, women still hold less power than men.
Rate cut unboxing this afternoon
The fed will make borrowing cheaper for the first time in years.
Vols up ticket costs by 10% to help pay athletes
Tennessee is increasing the cost of tickets for all sports by 10%, with the "talent fee" being used to help pay athletes as part of the revenue-sharing plan.
How America shops for groceries, mapped
We got our hands on location data for the biggest grocery chains in the US. Here’s what it tells us....
Chipotle wants a bot to prep your avo
The burrito chain is aiming to serve more customers without hiring more workers—and so is everyone else.
McDonald's extends $5 deal through December to keep customers coming
McDonald’s is extending its $5 value meal until December at most U.S. stores, and the company's rivals are likely to follow.
SpaceX mission achieves 1st private spacewalk
Before Thursday, the only people to take space strolls were astronauts who worked for governments..