It's Never Too Late to Begin Protesting against the Proposed Central Bank Digital Currency

EU Parliament Pushes Funding Cuts To Orbán-Founded Patriots Group As Witch-Hunt Continues Via Remix News, The European Parliament will vote today on suspending EU funding for the right-wing Patriots for Europe faction, founded by outgoing Hungarian Prime Minister Viktor Orbán. At stake is the alleged mismanagement of €4.3 million of EU funds by Philip Claeys, the former secretary general of the far-right Identity and Democracy (ID) group, who now holds the same post for the Patriots for Europe grouping. One vocal critic of the lack of action by Brussels in the case, according...

What 122 Universal Basic Income Experiments Actually Show Authroed by Vance Ginn via the Daily Economy, Artificial intelligence has become the latest excuse for reviving one of the oldest bad ideas in economic policy: a universal basic income. Recent pieces in Newsweek, the LSE Business Review, and Fortune have all helped push the idea that AI may soon wipe out so many jobs that Washington will need to send everyone a check. Image Credit: Shutterstock That makes for a catchy headline. It also makes for terrible economics. The right question is not whether AI...

Continuing Jobless Claims At 3-Month-Highs, Initial Claims Tumble Back To 2021 Levels The number of Americans filing for unemployment benefits for the first time fell last week to 215k (after hitting four month highs last week), well below the 225k expectations and back to the same levels it was at in 2021... At the same time, continuing jobless claims picked up to 1.821 million Americans - the highest in 3 months... The bottom line is that initial claims remain low by historical standards and continue to run below year-ago levels, reinforcing the...