Key Events This Week: CPI, PPI, Fed Speakers Galore And The End Of Earnings Season

The Absurdity Of The Hunter Biden Defamation Case Authored by Jonathan Turley, I have taught torts, including defamation for over 30 years, but I have never seen the like of the Hunter Biden defamation case. The defendant made defamatory statements and then just refused to appear. That led to an equally bizarre $1.7 million award by U.S. District Judge Stephen Wilson of the Central District of California to Biden, consisting of just $1 in nominal damages and the rest in punitive damages. Here is the most interesting line of the opinion: “the damage...

Trump Admin Targets Medicare Fraud After 7,100% Surge In Transplant Claims Via American Greatness, The Trump administration says it has uncovered a dramatic increase in Medicare claims for tissue and organ transplants, resulting in a broad crackdown on suspected fraud that officials say has already blocked hundreds of millions of dollars in questionable payments. Administration officials said Medicare claims for tissue and organ transplants, known as allografts, climbed from $200 million in 2019 to $14.4 billion in 2025—a 7,100 percent increase. The surge led the White House Anti-Fraud Task Force, headed by Vice President...

In Austrian economics, judgment refers to decision making under uncertainty. Given that we live in a world of uncertainty, all of us use judgment when choosing what actions to perform.