Subsidizing Higher Education Is Not Creating Widespread External Benefits

Services Sector Contraction In March Screams Q1 Stagflation Following S&P Global's Manufacturing PMI's better than expected print higher (signaling resilience in the face of March's war in Iran), the data released this morning showed the US Services Sector experienced a contraction of activity at the end of the first quarter of 2026. The headline S&P Global US Services PMI Business Activity Index recorded 49.8 in March, down from February’s 51.7 and lower than the earlier ‘flash’ estimate of 51.1. It was the first decline recorded in over three years amid the weakest...

Secretary of War Pete Hegseth said that the US and Israel have different goals in the war with Iran.  On Tuesday, Hegseth was asked about a report that the White House was unhappy with Tel Aviv over strikes on Iranian oil storage facilities. “I would just state by saying Israel’s been a really strong partner […]