Subsidizing Higher Education Is Not Creating Widespread External Benefits

Israeli shelling and airstrikes hit targets across Gaza on Wednesday as the IDF continues its attacks despite the US-backed ceasefire deal and formation of President Trump’s so-called “Board of Peace.” According to the Palestinian news agency WAFA, at least one Palestinian was killed in the attacks, 27-year-old Akram Hassan al-Arjani, who was hit by Israeli […]

US Services Surveys Disappoint In April Amid Stench Of Stagflation Despite Manufacturing surveys solid (and US factory orders surging), expectations are for the Services sector surveys today to show stagflationary signals (weak growth, surging prices). S&P Global's Services PMI disappointed in April (final), falling from its flash print of 51.3 to 51.0, but still up from multi-year lows below 50 in March, showing just marginal activity growth despite weak drop in sales volumes. ISM Services PMI also disappointed in April, falling from 54.0 to 53.6 (vs 53.7 exp) amid tumbling new orders and...

Judge Temporarily Blocks Democrat-Backed Referendum To Redraw Virginia's Congressional Map Authored by Aldgra Fredly via The Epoch Times, A county judge in Virginia issued an emergency restraining order on Feb. 19, pausing a referendum backed by Democrats that aims to redraw the state’s congressional maps. Tazewell County Circuit Judge Jack Hurley issued the order following a Feb. 18 motion by the National Republican Congressional Committee (NRCC) that sought to challenge House Bill 1384. HB1384 schedules a referendum for April 21 on a proposed constitutional amendment to allow the General Assembly to redraw the...