Subsidizing Higher Education Is Not Creating Widespread External Benefits

A $2.3 trillion contraction met with a $2.5 trillion injection.

Iran Conflict Spotlights Nuclear Energy As Key To Global Energy Security The ongoing disruptions tied to Iran’s energy infrastructure and the Strait of Hormuz, have once again exposed the fragility of global oil supplies. As oil prices swing on geopolitical headlines, the founder and executive chairman of Nano Nuclear Energy, Jay Yu, underscored the critical alternative during a recent Fox Business appearance: nuclear power offers “consistent baseload energy”, while oil remains “a finite commodity” vulnerable to conflict. Jay Yu emphasized that the current spotlight on nuclear is drawing “institutional investors, and...

Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors Wayfair CFO Kate Gulliver appeared at JPMorgan's conference Monday morning in a discussion with the bank's retail analyst, Christopher Horvers. What caught our attention in the 35-minute conversation, which ranged from the online home-goods retailer's financial position to broader consumer trends, was Gulliver's outlook on home goods and housing markets. A more active housing market typically drives demand for big-ticket home purchases such as sofas, tables, and other furnishings sold on Wayfair's online platform. However, her forecast for the remainder...